Lake George, MN

Full City Profile · Minnesota · Hubbard County County

3.7 /5.0
B+ Good
245 Population 48/sq mi density
$68,500 Median Income $33,380 per capita
$222,500 Home Value $295,298 Zillow
$1,025 Median Rent 18.2% income on rent
39°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$68,500 median income, 15.5% unemployment
A+
Affordability
4.9 / 5.0
$222,500 home value, $1,025/mo rent
B
Education
3.0 / 5.0
25.4% bachelor's degree or higher

Lake George, MN

At a Glance

Median Income
$68,500
9% below
$33,380 per capita
Home Value
$222,500
21% below
Zillow: $295,298
Median Rent
$1,025/mo
12% below
18.2% of income on rent
Bachelor's Degree+
25.4%
25% below
97.4% high school+
Unemployment
15.5%
331% above
5.5% poverty rate
Obesity Rate
35.0%
9% above
14.3% smoking rate
Avg Temperature
39°F

How Lake George Compares to the U.S. Average

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

Income
91%
Home Value
79%
Rent
88%
Poverty
44%
Bachelor's
75%
Unemployment
431%
Thin vertical line = U.S. national average (100%)

Is Lake George a Good Place to Live?

B+
3.7 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake George residents earn a median household income of $68,500 , which is 9% below the national average of $75,149. Per capita income is $33,380. The unemployment rate stands at 15.5% (331% above the U.S. rate of 3.6%). 5.5% of residents live below the poverty line. The area is home to 684 business establishments, including 82 restaurants.

Housing & Cost of Living

The median home value in Lake George is $222,500 , 21% below the national median of $281,900. Zillow estimates the typical home at $295,298. Median rent is $1,025/month, with 18.2% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1982.

Education

25.4% of adults in Lake George hold a bachelor's degree or higher (25% below the national average). 97.4% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Lake George has an average annual temperature of 39°F (4°C). Winters average 6°F in January while summers reach 67°F in July. Annual precipitation totals 27.6 inches.

Data Overview

People

Population245
Median Age51.8 yrs
Density48/mi²
Male / Female58% / 42%
Foreign Born1.2%
Veterans18.9%

Economy

B
Median Income$68,500
Per Capita$33,380
Unemployment15.5%
Poverty5.5%
County GDP$968M
Avg Weekly Wage$894

Housing

A+
Home Value$222,500
Rent$1,025
Ownership89.8%
Zillow$295,298
Housing Units182
Rent Burden18.2%

Health

Obesity35.0%
Diabetes9.0%
Smoking14.3%
Heart Disease5.2%
Premature Death6,268/100K

Climate

Avg Temp39°F
Rain27.6 in/yr
Elevation1,417 ft

Education

B
Bachelor's+25.4%
High School+97.4%
Graduate+3.2%
School Score5.8/10

Community

2024 VoteR 65% / D 33%
Commute27 min
Broadband88.6%
Internet Speed157 Mbps
EV Stations2
Libraries1

Did You Know?

The median home in Lake George was built in 1982.
15.8% work from home.
The nearest airport is Bemidji Regional (23 miles).
The Gini coefficient (income inequality) is 0.449 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
26.9% of the population has a disability.
Average internet download speed is 157 Mbps.
The county recorded 1 fatal vehicle crashes.