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Balaton, MN

Full City Profile · Minnesota · Lyon County County

3.0 /5.0
B Good
544 Population 375/sq mi density
$54,091 Median Income $32,702 per capita
$85,000 Home Value $89,013 Zillow
$1,081 Median Rent 27.1% income on rent
45°F Avg Temperature 276 sunny days/yr
253 Violent Crime/100K 2,449 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$54,091 median income, 4.4% unemployment
A+
Affordability
5.0 / 5.0
$85,000 home value, $1,081/mo rent
F
Safety
1.0 / 5.0
253 violent crimes/100K
C
Education
2.4 / 5.0
18.1% bachelor's degree or higher

Population Overview

Total Population
544
Population Density
375
per square mile
Land Area
1.6
square miles (4.1 km²)
Median Age
46.7 yrs
20% above US avg (38.9 yrs)

Gender Distribution

54.2%
Male
45.8%
Female
54%
46%

Race & Ethnicity

White 93.4% US: 61.6%
Black 0% US: 12.4%
Hispanic 5.5% US: 18.7%
Asian 0% US: 5.9%
Other 1.1%
City vs. U.S. Average
White
93.4%
Black
0%
Hispanic
5.5%
Asian
0%
Thin line = U.S. average

Language Spoken at Home

English Only 98.6% US: 78.5%
Spanish 1.4% US: 13.4%
City vs. U.S. Average
English Only
98.6%
Spanish
1.4%
Thin line = U.S. average

Social Characteristics

Foreign Born
13.6%
Veterans
11.0%
84% above US avg (6%)
Disability
12.6%
3% below US avg (13%)
Health Insurance Coverage
93.4%
2% above US avg (91.4%)
Uninsured
7.4%
14% below US avg (8.6%)
Income Inequality (Gini)
0.452
US avg: 0.490 (0 = perfect equality, 1 = max inequality)

Complete Demographics Data

Population

Total Population544
Population Density375 / sq mi
Land Area1.6 sq mi
Median Age46.7 years

Gender

Male54.2%
Female45.8%

Race & Ethnicity

White93.4%
Black or African American0.0%
Hispanic or Latino5.5%
Asian0.0%

Language

English Only98.6%
Spanish1.4%

Social Indicators

Foreign Born13.6%
Veterans11.0%
Disability12.6%
Health Insurance93.4%
Uninsured7.4%
Broadband Access92.5%
Gini Coefficient0.452

Classification

USDA Rural-Urban Code7 — Nonmetro / Urban 2.5K–20K