Minnesota Lake is a city located in Faribault County Minnesota. Minnesota Lake has a 2024 population of 657. Minnesota Lake is currently declining at a rate of -0.15% annually and its population has decreased by -0.61% 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.
According to the most recent ACS, the racial composition of Minnesota Lake was:
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% |
White
Two or more races
Black or African American
Native American
Asian
Native Hawaiian or Pacific Islander
Other race
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 299 | 2.08 | 75.9 | 24.1 |
| Married | 148 | 2.58 | 85.8 | 14.2 |
| Non Family | 116 | 1.17 | 72.4 | 27.6 |
| Female | 26 | 3.27 | 57.7 | 42.3 |
| Male | 9 | 2 | 11.1 | 88.9 |
2.62
Average Family Size
2.08
Average Household Size
75.9%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Education Attained | Count | Percentage |
|---|---|---|
| 9th to 12th Grade | 33 | 7.17% |
| Associates Degree | 58 | 12.61% |
| Bachelors Degree | 70 | 15.22% |
| Graduate Degree | 16 | 3.48% |
| High School Graduate | 134 | 29.13% |
| Less Than 9th Grade | 3 | 0.65% |
| Some College | 146 | 31.74% |
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
Race | Total | High School | Bachelors |
|---|---|---|---|
| White | 445 | 411 | 86 |
| Hispanic | 9 | 9 | 0 |
| 2+ Races | 6 | 4 | 0 |
The highest rate of high school graduation is among hispanic people with a rate of 100%.
The highest rate of bachelors degrees is among white people with a rate of 19.33%.
All
Male
Female
Name | Average | Male | Female |
|---|---|---|---|
| Bachelors Degree | $55,000 | $57,500 | $55,000 |
| Graduate Degree | $71,250 | $0 | $50,625 |
| High School Graduate | $24,904 | $25,208 | $0 |
| Less Than 9th Grade | $24,375 | $24,375 | $0 |
| Overall | $42,083 | $50,625 | $35,000 |
| Some College | $46,389 | $59,554 | $33,375 |
$42,083
Average Earnings
$50,625
Average Male
$35,000
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
96.97% of Minnesota Lake residents speak only English, while 3.03% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.68% of the population.
rate
Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 597 | 75 | 12.56% |
12.08%
Overall Poverty Rate
16.41%
Male Poverty Rate
7.38%
Female Poverty Rate
The race most likely to be in poverty in Minnesota Lake is White, with 12.56% below the poverty level.
The race least likely to be in poverty in Minnesota Lake is White, with 12.56% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 4.57%. Among those working part-time, it was 10.78%, and for those that did not work, the poverty rate was 17.5%.
rate
Rate | Poverty |
|---|---|
| Less Than 9th Grade | 55.56% |
| High School | 8.96% |
| Some College | 6.86% |
| Bachelors or Greater | 2.33% |
rate
Rate | Poverty |
|---|---|
| Male Unemployed | 23.08% |
| Female Employed | 6.06% |
| Male Employed | 3.77% |
| Female Unemployed | 0% |
Households
Families
MarriedFamilies
NonFamilies
Name | Median | Mean |
|---|---|---|
| Families | $77,375 | $89,138 |
| Households | $62,875 | $76,918 |
| Married Families | $104,167 | $-999,999,999 |
| Non Families | $33,056 | $55,566 |
mean
median
Married
Widowed
Divorced
Separated
NeverMarried
55.6%
Overall Marriage Rate
54.1%
Male Marriage Rate
57.2%
Female Marriage Rate
male
female
The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 55-64.
Married
Widowed
Divorced
Separated
NeverMarried
Second Gulf War
First Gulf War
Vietnam
Korea
World War II
68
Number of Veterans
68
Male Veterans
0
Female Veterans
War | Veterans |
|---|---|
| First Gulf War | 13 |
| Vietnam | 10 |
| Second Gulf War | 5 |
| Korea | 3 |
| World War II | 0 |
count
Age Group | Veterans |
|---|---|
| 55 to 64 | 23 |
| 75+ | 21 |
| 35 to 54 | 15 |
| 65 to 74 | 9 |
| 18 to 34 | 0 |
count
Name | Veterans | % of Total |
|---|---|---|
| White | 68 | 13.47% |
| Hispanic | 5 | 55.56% |
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
20.59%
Veteran Poverty Rate
20.59%
Veteran Disability Rate
LaborForceParticipation
64.3%
Labor Force Participation
61.8%
Employment Rate
3.9%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
82.93%
Born in Minnesota Lake
100%
Native Born
0%
Foreign Born
0%
Non Citizen
0%
Naturalized
100% of Minnesota Lake residents were born in the United States, with 82.93% having been born in Minnesota. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.
Year | Population | Growth | Change |
|---|---|---|---|
| 2029 | 652 | -1 | -0.15% |
| 2028 | 653 | -1 | -0.15% |
| 2027 | 654 | -1 | -0.15% |
| 2026 | 655 | -1 | -0.15% |
| 2025 | 656 | -1 | -0.15% |
| 2024 | 657 | -1 | -0.15% |
| 2023 | 658 | -5 | -0.75% |
| 2022 | 663 | 4 | 0.61% |
| 2021 | 659 | -2 | -0.3% |
| 2020 | 661 | 16 | 2.48% |
| 2019 | 645 | -4 | -0.62% |
| 2018 | 649 | 0 | 0% |
| 2017 | 649 | -6 | -0.92% |
| 2016 | 655 | -5 | -0.76% |
| 2015 | 660 | -8 | -1.2% |
| 2014 | 668 | 1 | 0.15% |
| 2013 | 667 | -6 | -0.89% |
| 2012 | 673 | -12 | -1.75% |
| 2011 | 685 | 0 | 0% |
| 2010 | 685 | 0 | 0% |