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 and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	508	93.38%
Two or more races	33	6.07%
Other race	3	0.55%

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