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Lake Benton, MN

Full City Profile · Minnesota · Lincoln County County

3.2 /5.0
B Good
698 Population 217/sq mi density
$52,000 Median Income $31,527 per capita
$91,900 Home Value $198,256 Zillow
$550 Median Rent 35.9% income on rent
44°F Avg Temperature 276 sunny days/yr
58 Violent Crime/100K 923 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$52,000 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$91,900 home value, $550/mo rent
F
Safety
1.0 / 5.0
58 violent crimes/100K
C+
Education
2.7 / 5.0
21.7% bachelor's degree or higher

Income Overview

Median Household Income
$52,000
31% below
US avg: $75,149
Per Capita Income
$31,527
19% below
US avg: $39,052
Unemployment Rate
2.1%
42% below
US avg: 3.6%
Poverty Rate
3.7%
70% below
US avg: 12.4%

Income Comparison: Lake Benton vs. U.S. Average

Each bar shows Lake Benton’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$52,000
69%
Per Capita
US: $39,052
$31,527
81%
IRS Avg AGI
US: $72,000
$72,484
101%
Avg Weekly Wage
US: $1,432
$872
61%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$872
39% below US avg ($1,432)
Mean Commute Time
26 min
5% below US avg (28 min)
Work From Home
11.8%
22% below US avg (15.2%)
Drive Alone
76.2%
4% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$588M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 76.2%
Public Transit 0%
Work From Home 11.8%
Other 12%
Average commute time
26 minutes
US avg: 28 min

Business Landscape

Total Establishments
226
Restaurants
10
Healthcare
21
Retail
30
Manufacturing
6

Tax & Financial

IRS Avg Adjusted Gross Income
$72,484
1% above US avg ($72,000)
Avg Property Tax
$2,614
25% below US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$52,000
Per Capita Income$31,527
IRS Avg Adjusted Gross Income$72,484
Avg Weekly Wage$872
County GDP$588M

Hardship Indicators

Unemployment Rate2.1%
Poverty Rate3.7%
Gini Coefficient0.440
Cost of Living Index98.6

Commute

Mean Commute26 minutes
Drive Alone76.2%
Public Transit0.0%
Work From Home11.8%

Businesses

Total Establishments226
Restaurants10
Healthcare21
Retail30
Manufacturing6

Tax

IRS Avg AGI$72,484
Avg Property Tax$2,614