All Countries
Lake Park, MN
Full City Profile · Minnesota · Clay County County
3.3
/5.0
B
Good
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
276 sunny days/yr
123
Violent Crime/100K
3,709 property/100K
B
Overall
3.3 / 5.0
Good 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
F
Safety
1.0 / 5.0
123 violent crimes/100K
B
Education
3.1 / 5.0
25.8% bachelor's degree or higher
Income Overview
Median Household Income
$63,250
16% below
US avg: $75,149
Per Capita Income
$34,935
11% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
10.4%
16% below
US avg: 12.4%
Income Comparison: Lake Park vs. U.S. Average
Each bar shows Lake Park’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$63,250
84%
Per Capita
US: $39,052
$34,935
89%
IRS Avg AGI
US: $72,000
$72,991
101%
Avg Weekly Wage
US: $1,432
$1,033
72%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,033
28% below US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
2.3%
85% below US avg (15.2%)
Drive Alone
79.7%
9% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,919M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.7%
Public Transit
0%
Work From Home
2.3%
Other
18%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,520
Restaurants
100
Healthcare
178
Retail
148
Manufacturing
39
Tax & Financial
IRS Avg Adjusted Gross Income
$72,991
1% above US avg ($72,000)
Avg Property Tax
$4,896
40% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $63,250 |
| Per Capita Income | $34,935 |
| IRS Avg Adjusted Gross Income | $72,991 |
| Avg Weekly Wage | $1,033 |
| County GDP | $2,919M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 10.4% |
| Gini Coefficient | 0.443 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 79.7% |
| Public Transit | 0.0% |
| Work From Home | 2.3% |
Businesses
| Total Establishments | 1,520 |
| Restaurants | 100 |
| Healthcare | 178 |
| Retail | 148 |
| Manufacturing | 39 |
Tax
| IRS Avg AGI | $72,991 |
| Avg Property Tax | $4,896 |