Lake Valley is located in Traverse County, Minnesota. Lake Valley has a 2025 population of 193 . Lake Valley is currently declining at a rate of -0.52% annually and its population has decreased by -3.5% since the most recent census, which recorded a population of 200 in 2020.
The average household income in Lake Valley is $141,812 with a poverty rate of 3.31%. The median age in Lake Valley is 56.3 years: 53.1 years for males, and 58.8 years for females. For every 100 females there are 132.5 males.
Data after 2023 is projected based on recent change
The racial composition of Lake Valley includes 98.53% White, and smaller percentages for Native American, Two or more races and multiracial populations.
White (98.53%)
Native American (0.74%)
Two or more races (0.74%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 268 | 98.53% |
| Native American | 2 | 0.74% |
| Two or more races | 2 | 0.74% |
Married
Widowed
Divorced
Separated
Never Married
Lake Valley's average per capita income is $62,500. Household income levels show a median of $108,906. The poverty rate stands at 3.31%.
Name | Median | Mean |
|---|---|---|
| Families | $121,042 | $172,428 |
| Married Families | $109,531 | - |
| Households | $108,906 | $141,812 |
| Non Families | $16,500 | $74,939 |
Average Income
Median Household Income
Poverty Rate