Minnesota Lake is a city located in Faribault County Minnesota. With a 2020 population of 634, it is the 446th largest city in Minnesota and the 12290th largest city in the United States . Minnesota Lake is currently declining at a rate of -0.78% annually and its population has decreased by -7.71% since the most recent census, which recorded a population of 687 in 2010. Minnesota Lake reached it's highest population of 686 in 2010. Spanning over 2 miles, Minnesota Lake has a population density of 392 people per square mile.
The average household income in Minnesota Lake is $68,028 with a poverty rate of 7.94%. The median rental costs in recent years comes to $608 per month, and the median house value is $105,000. The median age in Minnesota Lake is 45.3 years, 49.2 years for males, and 41 years for females.