Minnesota Lake

County:: Faribault County
County Seat:: No
Area (mi²):: 1.62
State:: Minnesota

Minnesota Lake is a city located in Faribault County, Minnesota. Minnesota Lake has a 2025 population of 656. Minnesota Lake is currently declining at a rate of -0.15% annually and its population has decreased by -0.76% since the most recent census, which recorded a population of 661 in 2020.

The average household income in Minnesota Lake is $76,918 with a poverty rate of 12.08%. The median age in Minnesota Lake is 45.5 years: 45.9 years for males, and 45.2 years for females.

Demographics

The racial composition of Minnesota Lake includes 97.58% White, and smaller percentages for Two or more races, Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander, other race and multiracial populations.

Population by Race

White

Two or more races

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Race	Population	Percentage (of total)
White	606	97.58%
Two or more races	15	2.42%
Black or African American	0	0%
Native American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%
Other race	0	0%

Minnesota Lake Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Minnesota Lake's average per capita income is $42,083. Household income levels show a median of $62,875. The poverty rate stands at 12.08%.

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	$104,167	-
Families	$77,375	$89,138
Households	$62,875	$76,918
Non Families	$33,056	$55,566

$42,083

Average Income

$62,875

Median Household Income

12.08%

Poverty Rate