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Lake Shore, MN

Full City Profile · Minnesota · Crow Wing County County

3.8 /5.0
B+ Good
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 12.8% income on rent
42°F Avg Temperature 276 sunny days/yr
B+
Overall
3.8 / 5.0
Good 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
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.2 / 5.0
39.6% bachelor's degree or higher

Income Overview

Median Household Income
$96,923
29% above
US avg: $75,149
Per Capita Income
$57,843
48% above
US avg: $39,052
Unemployment Rate
0.6%
83% below
US avg: 3.6%
Poverty Rate
7.0%
44% below
US avg: 12.4%

Income Comparison: Lake Shore vs. U.S. Average

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

Median Household
US: $75,149
$96,923
129%
Per Capita
US: $39,052
$57,843
148%
IRS Avg AGI
US: $72,000
$74,335
103%
Avg Weekly Wage
US: $1,432
$1,020
71%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,020
29% below US avg ($1,432)
Mean Commute Time
22 min
21% below US avg (28 min)
Work From Home
16.2%
7% above US avg (15.2%)
Drive Alone
75.1%
3% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$4,044M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 75.1%
Public Transit 0%
Work From Home 16.2%
Other 8.7%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,376
Restaurants
219
Healthcare
256
Retail
381
Manufacturing
112

Tax & Financial

IRS Avg Adjusted Gross Income
$74,335
3% above US avg ($72,000)
Avg Property Tax
$4,830
38% 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$96,923
Per Capita Income$57,843
IRS Avg Adjusted Gross Income$74,335
Avg Weekly Wage$1,020
County GDP$4,044M

Hardship Indicators

Unemployment Rate0.6%
Poverty Rate7.0%
Gini Coefficient0.429
Cost of Living Index98.6

Commute

Mean Commute22 minutes
Drive Alone75.1%
Public Transit0.0%
Work From Home16.2%

Businesses

Total Establishments2,376
Restaurants219
Healthcare256
Retail381
Manufacturing112

Tax

IRS Avg AGI$74,335
Avg Property Tax$4,830