Balaton

County:: Lyon County
County Seat:: No
Area (mi²):: 1.451
State:: Minnesota

Balaton is a city located in Lyon County, Minnesota. Balaton has a 2025 population of 579. Balaton is currently declining at a rate of -0.34% annually and its population has decreased by -1.7% since the most recent census, which recorded a population of 589 in 2020.

The average household income in Balaton is $67,213 with a poverty rate of 13.27%. The median age in Balaton is 46.7 years: 35.9 years for males, and 52.1 years for females.

Demographics

The racial composition of Balaton includes 93.38% White, and smaller percentages for other race, Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Other race

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	508	93.38%
Two or more races	33	6.07%
Other race	3	0.55%
Black or African American	0	0%
Native American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%

Balaton Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Balaton's average per capita income is $41,389. Household income levels show a median of $54,091. The poverty rate stands at 13.27%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$73,750	-
Families	$72,188	$86,340
Households	$54,091	$67,213
Non Families	$33,125	$39,764

$41,389

Average Income

$54,091

Median Household Income

13.27%

Poverty Rate