Lake Valley, Minnesota Population 2024

206

Lake Valley is a city located in Traverse County Minnesota. Lake Valley has a 2024 population of 206. Lake Valley is currently growing at a rate of 1.48% annually and its population has increased by 2.49% since the most recent census, which recorded a population of 201 in 2020.

The average household income in Lake Valley is $114,007 with a poverty rate of 3.62%. The median age in Lake Valley is 53.9 years: 51.5 years for males, and 58.3 years for females.

Lake Valley Demographics

According to the most recent ACS, the racial composition of Lake Valley was:

  • White: 98.91%
  • Black or African American: 0.36%
  • Native American: 0.36%
  • Two or more races: 0.36%
  • Asian: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
Land Area (mi²)
59.0 sq mi
Density (mi²)
3.50/sq mi
Growth Since 2020
2.49% (5)
The current population of Lake Valley, Minnesota is 206 based on our projections of the latest US Census estimates (released May 2024). The last official US Census in 2020 recorded the population at 201.

Population by Race

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Race
Population
Percentage (of total)
White27398.91%
Black or African American10.36%
Native American10.36%
Two or more races10.36%
Asian00%
Native Hawaiian or Pacific Islander00%
Other race00%

White

Black or African American

Native American

Two or more races

Asian

Native Hawaiian or Pacific Islander

Other race

Lake Valley Population by Race

Lake Valley Population Pyramid 2024

Lake Valley Median Age

53.9

Total

51.5

Male

58.3

Female

Lake Valley Adults

There are 234 adults, (66 of whom are seniors) in Lake Valley.

Lake Valley Age Dependency

64.3

Age Dependency Ratio

39.3

Old Age Dependency Ratio

25

Child Dependency Ratio

Lake Valley Sex Ratio

Female12043.48%
Male15656.52%

Lake Valley Population by Age

Lake Valley Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1212.2895.94.1
Married492.53982
Non Family3501000
Female333.3387.912.1
Male41.751000

2.79

Average Family Size

2.28

Average Household Size

95.9%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Lake Valley Households and Families

Male

Female

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Education Attained
Count
Percentage
9th to 12th Grade62.8%
Associates Degree5425.23%
Bachelors Degree209.35%
Graduate Degree104.67%
High School Graduate9042.06%
Less Than 9th Grade73.27%
Some College2712.62%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Lake Valley Educational Attainment by Sex (over 25)

Lake Valley Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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Race
Total
High School
Bachelors
White20819529
Hispanic330
Black111
Native American110
2+ Races110

The highest rate of high school graduation is among black people with a rate of 100%.

The highest rate of bachelors degrees is among black people with a rate of 100%.

Lake Valley Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Bachelors Degree$0$0$19,750
Graduate Degree$167,917$0$168,125
High School Graduate$0$158,030$25,833
Less Than 9th Grade$76,250$0$0
Overall$53,125$81,500$25,208
Some College$32,500$51,071$0

$53,125

Average Earnings

$81,500

Average Male

$25,208

Average Female

Lake Valley Earnings by Educational Attainment

Lake Valley Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Lake Valley Language

95.65% of Lake Valley residents speak only English, while 4.35% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 2.54% of the population.

Lake Valley Language

Lake Valley Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White270103.7%

3.62%

Overall Poverty Rate

5.13%

Male Poverty Rate

1.67%

Female Poverty Rate

Poverty in Lake Valley

The race most likely to be in poverty in Lake Valley is White, with 3.7% below the poverty level.

The race least likely to be in poverty in Lake Valley is White, with 3.7% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 4.11%, and for those that did not work, the poverty rate was 12.28%.

Lake Valley Poverty

rate

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Rate
Poverty
Less Than 9th Grade38.46%
Bachelors or Greater6.67%
Some College3.7%
High School0%

Lake Valley Poverty Rate by Education

rate

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Rate
Poverty
Male Employed0%
Male Unemployed0%
Female Employed0%
Female Unemployed0%

Lake Valley Poverty Rate by Employment Status and Sex

Lake Valley Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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Name
Median
Mean
Families$108,750$134,094
Households$102,656$114,007
Married Families$103,281$-999,999,999
Non Families$14,115$62,369

mean

median

Income by Household Type

Lake Valley Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

39.8%

Overall Marriage Rate

32.0%

Male Marriage Rate

50.5%

Female Marriage Rate

Lake Valley Married by Age and Sex

male

female

Lake Valley Marriage

The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 45-54.

Lake Valley Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Lake Valley Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

32

Number of Veterans

29

Male Veterans

3

Female Veterans

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War
Veterans
Korea23
Second Gulf War2
First Gulf War2
Vietnam2
World War II0

Lake Valley Veterans by War

count

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Age Group
Veterans
75+26
35 to 544
65 to 742
18 to 340
55 to 640

Lake Valley Veterans by Age

count

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Name
Veterans
% of Total
White3213.85%
Hispanic3100%

Lake Valley Veterans by Race

Lake Valley Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

6.25%

Veteran Poverty Rate

65.63%

Veteran Disability Rate

Lake Valley Veterans by Education

LaborForceParticipation

63.4%

Labor Force Participation

57.9%

Employment Rate

8.7%

Unemployment Rate

Lake Valley Employment by Age

LaborForceParticipation

Lake Valley Employment by Race

LaborForceParticipation

Lake Valley Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

79.35%

Born in Lake Valley

98.19%

Native Born

1.81%

Foreign Born

0%

Non Citizen

1.81%

Naturalized

Place of Birth

98.19% of Lake Valley residents were born in the United States, with 79.35% having been born in Minnesota. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from North America.

Lake Valley Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
202922131.38%
202821831.4%
202721531.42%
202621231.44%
202520931.46%
202420631.48%
202320331.5%
202220031.52%
2021197-4-1.99%
2020201-22-9.87%
2019223-2-0.89%
201822510.45%
2017224-2-0.88%
2016226-2-0.88%
2015228-1-0.44%
201422900%
201322910.44%
2012228-6-2.56%
2011234-1-0.43%
201023500%

Lake Valley Population by Year