Lake Park, MN

Minnesota · Metropolitan Area

Lake Park is a small town in Minnesota with a population of 573. Residents earn $63,250 per year, which is 16% below the national average.

4.0 /5.0
A Great
573 Population 585/sq mi density
$63,250 Median Income $34,935 per capita
$160,900 Home Value $396,644 Zillow
$717 Median Rent 26.7% income on rent
40°F Avg Temperature
A
Overall
4.0 / 5.0
Great overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$63,250 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$160,900 home value, $717/mo rent
B
Education
3.1 / 5.0
25.8% bachelor's degree or higher
Median Income $63,250
16% lower than US avg
Home Value $160,900
43% lower than US avg
Bachelor's+ 25.8%
23% lower than US avg
Median Rent $717
38% lower than US avg
Obesity Rate 34.8%
8% higher than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 10.4%
16% lower than US avg

How Lake Park Compares to the U.S. Average (100% = U.S. avg)

People

Population573
Median Age36.8 yrs
Density585/mi²
Male / Female53% / 48%
Largest GroupWhite 89%
Veterans8.6%

Economy

A
Median Income$63,250
Per Capita$34,935
Unemployment0.0%
Poverty10.4%
County GDP$2,919M
Commute25 min

Housing

A+
Home Value$160,900
Rent$717
OwnershipN/A
Zillow$396,644
Rent Burden26.7%

Crime

ViolentN/A
PropertyN/A

Health

Obesity34.8%
UninsuredN/A
Depression24.8%
Heart Disease4.9%

Climate

Avg Temp40°F
AQI36 (Good)
Rain29.5 in/yr
Elevation1,343 ft

Education

B
Bachelor's+25.8%
High School+95.9%
School Score6.08

Community

2024 VoteR 49% / D 49%
Commute25 min
Broadband92.2%
Libraries3

Is Lake Park a Good Place to Live?

Based on current data, Lake Park receives an overall livability score of 4.0 out of 5.0, earning a grade of A. Key strengths include low unemployment, affordable housing, high health insurance coverage, strong internet connectivity. Lake Park stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Lake Park is $63,250, 16% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. 10.4% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 25 minutes.

Cost of Living & Housing

The median home value in Lake Park is $160,900, 43% below the national median — offering relatively affordable homeownership. Renters pay a median of $717 per month, below the national average — a plus for affordability. At just 2.5x median income, home prices are very affordable relative to local earnings.

Education

25.8% of residents hold a bachelor's degree, below the national average of 33.7%. 95.9% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Lake Park has a cool climate with an average annual temperature of 40°F. Winters average 7°F in January while summers reach 68°F in July. Annual precipitation totals 29.5 inches, including 47.6 inches of snow. Air quality is rated Good with a median AQI of 36.

Lake Park has a population of 573 with a density of 585 people per square mile. The median age is 36.8 years, 5% younger than the national median of 38.9. The city is predominantly White (89.4%), with 3.3% Hispanic.

Population

573
Total Population
585
People / sq mi
36.8yrs
Median Age
5% below US avg
1.0mi²
Land Area

Gender Distribution

Male 52.5%
Female 47.5%

Race & Ethnicity

Lake Park vs U.S. Average

Language Spoken at Home

English Only98.4%
25% above US avg
Spanish1.6%
88% below US avg

Social Characteristics

Lake Park vs U.S. Average

The median household income in Lake Park is $63,250, which is 16% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 10.4% of residents live below the poverty line. Workers commute an average of 25 minutes.

Income: Lake Park vs U.S.

Commute Mode

Income

Median HH Income$63,250
16% below US avg
Per Capita Income$34,935
Avg Weekly Wage$1,033
IRS Avg AGI$72,991

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate10.4%
16% below US avg
Establishments (County)1,520
County GDP$2,919M

Business (County)

Restaurants100
Healthcare178
Retail148
Manufacturing39

Tax & Cost of Living

Property Tax (IRS)$4,896
40% above US avg
Effective Tax Rate3.04%

Commute & Transportation

Commute Time25.2 min
Drive Alone79.7%
Public Transit0.0%
Work from Home2.3%

Walkability

The median home value in Lake Park is $160,900, 43% below the national average. Monthly rent averages $717 (38% below US avg). Zillow estimates the typical home value at $396,644.

Home Value Sources

Ownership Split

Home Values

Census Median$160,900
43% below US avg
Zillow ZHVI$396,644

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$717
38% below US avg
Rent Burden26.7%

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied84.0%

Property Tax

Avg Tax (IRS)$4,896
40% above US avg
Effective Rate3.04%
In Lake Park, 34.8% of adults are obese (above the 32.1% national rate). 24.8% report depression. 19.5% are physically inactive.

Health Metrics: Lake Park vs U.S. Average (%)

Chronic Conditions

Obesity34.8%
8% above US avg
Diabetes7.8%
Heart Disease4.9%
High Blood Pressure28.7%
Asthma9.8%
COPD4.6%
Stroke2.5%

Behaviors & Mental Health

Binge Drinking23.8%
Physical Inactivity19.5%
Depression24.8%
Mental Distress16.1%
Physical Distress10.5%

Healthcare Access

Insurance Rate96.7%
Checkup Rate73.7%
Premature Death7,319/100K

Food & Exercise

Food Environment8.7/10
Exercise Access87.4%
Healthcare Facilities178

Crime Rates: Lake Park vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)6

Safety Score

Lake Park has an average annual temperature of 40°F (5°C). Winters average 7°F in January while summers reach 68°F in July. Annual precipitation is 29.5 inches. Air quality is rated Good with a median AQI of 36.

Temperature

7°F Jan (-14°C) 68°F Jul (20°C)
Annual Average40.1°F
26% below US avg
January Average7°F (-14°C)
July Average68°F (20°C)

Precipitation & Snow

Annual Rainfall29.5 inches
23% below US avg
Snowfall47.6 inches/yr

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,343 ft (409 m)
Area1.0 sq mi (2.5 km²)
Population Density585/sq mi
Coordinates46.8836°N, 96.0976°W
County FIPS27027
It is classified as Metro — under 250K. 25.8% of residents hold a bachelor's degree or higher (23% below US avg). In the 2024 election, the county voted Democrat by a 0.5-point margin. 92.2% of households have broadband internet.

2024 Presidential Election (County)

R 48.8%
D 49.3%

Winner: Democrat by 0.5 points

Education

Bachelor's Degree+25.8%
23% below US avg
High School+95.9%
School Test Score6.08
B Education Grade (3.1/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density585/sq mi
Total Area1.0 sq mi

Infrastructure & Services

Broadband Access92.2%
Alt Fuel Stations1
Public Libraries3
Healthcare Facilities178
Restaurants100
Retail Stores148

Safety & Disasters

Fatal Crashes (County/yr)6

Commute & Transportation

Avg Commute25.2 min
Drive Alone79.7%
Public Transit0.0%
Work from Home2.3%

Nearby Cities

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