Lake Shore, MN

Minnesota

Lake Shore is a small town in Minnesota with a population of 1,117. Residents earn $96,923 per year, which is 29% above the national average.

4.2 /5.0
A Great
1,117 Population 88/sq mi density
$96,923 Median Income $57,843 per capita
$532,500 Home Value $722,674 Zillow
$982 Median Rent
42°F Avg Temperature
A
Overall
4.2 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$96,923 median income, 0.6% unemployment
B+
Affordability
3.6 / 5.0
$532,500 home value, $982/mo rent
A
Education
4.2 / 5.0
39.6% bachelor's degree or higher
Median Income $96,923
29% higher than US avg
Home Value $532,500
89% higher than US avg
Bachelor's+ 39.6%
18% higher than US avg
Median Rent $982
16% lower than US avg
Obesity Rate 34.2%
7% higher than US avg
Unemployment 0.6%
83% lower than US avg
Poverty Rate 7.0%
44% lower than US avg

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

People

Population1,117
Median Age55.1 yrs
Density88/mi²
Male / Female51% / 49%
Largest GroupWhite 96%

Economy

A+
Median Income$96,923
Per Capita$57,843
Unemployment0.6%
Poverty7.0%
County GDP$4,044M
Commute22 min

Housing

B+
Home Value$532,500
Rent$982
OwnershipN/A
Zillow$722,674

Crime

ViolentN/A
PropertyN/A

Health

Obesity34.2%
UninsuredN/A
Depression24.8%
Heart Disease5.1%

Climate

Avg Temp42°F
AQI36 (Good)
Rain28.8 in/yr
Elevation1,254 ft

Education

A
Bachelor's+39.6%
High School+97.1%
School Score6.08

Community

2024 VoteR 65% / D 34%
Commute22 min
Libraries3

Is Lake Shore a Good Place to Live?

Based on current data, Lake Shore receives an overall livability score of 4.2 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, a highly educated population, a low poverty rate. Areas to be aware of include high housing costs. Lake Shore 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 Shore is $96,923, 29% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 0.6%. Only 7.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 22 minutes.

Cost of Living & Housing

The median home value in Lake Shore is $532,500, making it a premium housing market at 89% above the U.S. median of $281,900. Renters pay a median of $982 per month, below the national average — a plus for affordability. The price-to-income ratio of 5.5x means housing costs are stretched relative to local earnings.

Education

Educational attainment is solid, with 39.6% holding a bachelor's degree or higher, near the national average. 97.1% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Lake Shore has a cool climate with an average annual temperature of 42°F. Winters average 9°F in January while summers reach 70°F in July. Annual precipitation totals 28.8 inches, including 39.2 inches of snow. Air quality is rated Good with a median AQI of 36.

Lake Shore has a population of 1,117 with a density of 88 people per square mile. The median age is 55.1 years, 42% older than the national median of 38.9. The city is predominantly White (96.2%).

Population

1,117
Total Population
88
People / sq mi
55.1yrs
Median Age
42% above US avg
12.7mi²
Land Area

Gender Distribution

Male 50.8%
Female 49.2%

Race & Ethnicity

Lake Shore vs U.S. Average

Language Spoken at Home

English Only99.6%
27% above US avg
Spanish0.4%
97% below US avg

Social Characteristics

Lake Shore vs U.S. Average

The median household income in Lake Shore is $96,923, which is 29% above the national average of $75,149. The unemployment rate is 0.6% (below the 3.6% US average). 7.0% of residents live below the poverty line. Workers commute an average of 22 minutes.

Income: Lake Shore vs U.S.

Commute Mode

Income

Median HH Income$96,923
29% above US avg
Per Capita Income$57,843
Avg Weekly Wage$1,020
IRS Avg AGI$74,335

Employment & Poverty

Unemployment0.6%
83% below US avg
Poverty Rate7.0%
44% below US avg
Establishments (County)2,376
County GDP$4,044M

Business (County)

Restaurants219
Healthcare256
Retail381
Manufacturing112

Tax & Cost of Living

Property Tax (IRS)$4,830
38% above US avg
Effective Tax Rate0.91%

Commute & Transportation

Commute Time21.8 min
Work from Home16.2%

Walkability

The median home value in Lake Shore is $532,500, 89% above the national average. Monthly rent averages $982 (16% below US avg). Zillow estimates the typical home value at $722,674.

Home Value Sources

Ownership Split

Home Values

Census Median$532,500
89% above US avg
Zillow ZHVI$722,674

Real Estate Market (Redfin)

$/Sq Ft$384
Homes Sold2
Sale-to-List Ratio95.1%
Price Drops0.0%
Inventory5

Rental Costs

Census Median Rent$982
16% below US avg

HUD Fair Market Rent

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

Ownership & Property

Owner-Occupied90.7%

Property Tax

Avg Tax (IRS)$4,830
38% above US avg
Effective Rate0.91%
In Lake Shore, 34.2% of adults are obese (above the 32.1% national rate). 24.8% report depression. 22.1% are physically inactive.

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

Chronic Conditions

Obesity34.2%
7% above US avg
Diabetes8.5%
Heart Disease5.1%
High Blood Pressure27.5%
Asthma9.9%
COPD4.9%
Stroke2.6%

Behaviors & Mental Health

Binge Drinking22.1%
Physical Inactivity22.1%
Depression24.8%
Mental Distress16.7%
Physical Distress11.1%

Healthcare Access

Insurance Rate97.3%
Checkup Rate71.9%
Premature Death7,321/100K

Food & Exercise

Food Environment8.7/10
Exercise Access80.6%
Healthcare Facilities256

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

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)7

Safety Score

Lake Shore has an average annual temperature of 42°F (5°C). Winters average 9°F in January while summers reach 70°F in July. Annual precipitation is 28.8 inches. Air quality is rated Good with a median AQI of 36.

Temperature

9°F Jan (-13°C) 70°F Jul (21°C)
Annual Average41.5°F
23% below US avg
January Average9°F (-13°C)
July Average70°F (21°C)

Precipitation & Snow

Annual Rainfall28.8 inches
24% below US avg
Snowfall39.2 inches/yr

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,254 ft (382 m)
Area12.7 sq mi (32.8 km²)
Population Density88/sq mi
Coordinates46.5043°N, 94.3665°W
County FIPS27035
It is classified as Nonmetro — Urban 20K+, adjacent. 39.6% of residents hold a bachelor's degree or higher (18% above US avg). In the 2024 election, the county voted Republican by a 31.4-point margin.

2024 Presidential Election (County)

R 65%
D 33.6%

Winner: Republican by 31.4 points

Education

Bachelor's Degree+39.6%
18% above US avg
High School+97.1%
School Test Score6.08
A Education Grade (4.2/5.0)

Urban-Rural Classification

RUCC Code 4Nonmetro — Urban 20K+, adjacent
Population Density88/sq mi
Total Area12.7 sq mi

Infrastructure & Services

Public Libraries3
Healthcare Facilities256
Restaurants219
Retail Stores381

Safety & Disasters

Fatal Crashes (County/yr)7

Commute & Transportation

Avg Commute21.8 min
Work from Home16.2%

Nearby Cities

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