Lake Shore, MN
Full City Profile · Minnesota · Crow Wing County County
Lake Shore, MN
At a Glance
How Lake Shore Compares to the U.S. Average
Each bar shows Lake Shore's value as a percentage of the national average (100% = U.S. avg)
Is Lake Shore a Good Place to Live?
Economy & Jobs
Lake Shore residents earn a median household income of $96,923 , which is 29% above the national average of $75,149. Per capita income is $57,843. The unemployment rate stands at 1.1% (69% below the U.S. rate of 3.6%). 7.0% of residents live below the poverty line. The area is home to 2,376 business establishments, including 219 restaurants.
Housing & Cost of Living
The median home value in Lake Shore is $532,500 , 89% above the national median of $281,900. Zillow estimates the typical home at $756,658. Median rent is $982/month, with 12.8% 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 1992.
Safety & Crime
Lake Shore reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 263/100K.
Education
39.6% of adults in Lake Shore hold a bachelor's degree or higher (18% above the national average). 97.1% have completed high school. Local schools score 6.6/10 in standardized testing.
Climate & Weather
Lake Shore has an average annual temperature of 41°F (5°C). Winters average 8°F in January while summers reach 70°F in July. Annual precipitation totals 27.1 inches. Air quality is rated Good with a median AQI of 38.