Prior Lake, MN

Minnesota · Metropolitan Area

Prior Lake is a small city in Minnesota with a population of 27,832. Residents earn $130,278 per year, which is 73% above the national average.

4.0 /5.0
A Great
27,832 Population 1,709/sq mi density
$130,278 Median Income $63,391 per capita
$429,900 Home Value $515,927 Zillow
$1,548 Median Rent
47°F Avg Temperature
93 Violent Crime/100K 1,497 property/100K
A
Overall
4.0 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$130,278 median income, 0.9% unemployment
A+
Affordability
4.8 / 5.0
$429,900 home value, $1,548/mo rent
F
Safety
1.0 / 5.0
93 violent crimes/100K (76% below avg)
A+
Education
5.0 / 5.0
51.5% bachelor's degree or higher
Median Income $130,278
73% higher than US avg
Home Value $429,900
53% higher than US avg
Violent Crime 93/100K
76% lower than US avg
Bachelor's+ 51.5%
53% higher than US avg
Median Rent $1,548
33% higher than US avg
Obesity Rate 30.5%
5% lower than US avg
Unemployment 0.9%
75% lower than US avg
Poverty Rate 1.4%
89% lower than US avg

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

People

Population27,832
Median Age39.7 yrs
Density1,709/mi²
Male / Female49% / 51%
Largest GroupWhite 83%

Economy

A+
Median Income$130,278
Per Capita$63,391
Unemployment0.9%
Poverty1.4%
County GDP$10,952M
Commute25 min

Housing

A+
Home Value$429,900
Rent$1,548
OwnershipN/A
Zillow$515,927

Crime

F
Violent93/100K
Property1,497/100K
Murder0.0/100K
Assault48/100K
Burglary133/100K

Health

Obesity30.5%
UninsuredN/A
Depression23.3%
Heart Disease4.2%

Climate

Avg Temp47°F
AQI36 (Good)
Rain30.6 in/yr
Elevation940 ft

Education

A+
Bachelor's+51.5%
High School+96.5%
School Score6.08

Community

2024 VoteR 53% / D 45%
Commute25 min
EV Stations10
Libraries8

Is Prior Lake a Good Place to Live?

Based on current data, Prior Lake receives an overall livability score of 4.0 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, low crime rates, a highly educated population. Areas to be aware of include high housing costs. Prior Lake stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Prior Lake is $130,278, which is significantly higher than the national average — 73% above $75,149. This places Prior Lake among higher-income communities. The job market is very strong with unemployment at just 0.9%. Only 1.4% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 25 minutes.

Cost of Living & Housing

The median home value in Prior Lake is $429,900, making it a premium housing market at 53% above the U.S. median of $281,900. Renters pay a median of $1,548 per month, significantly above the national average of $1,163. A price-to-income ratio of 3.3x indicates a reasonably affordable housing market.

Safety & Crime

Prior Lake is a very safe community with a violent crime rate of 93 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 1,497 per 100,000, 24% below the national average.

Education

Prior Lake is a highly educated community — 51.5% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 96.5% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Prior Lake experiences four distinct seasons with an average temperature of 47°F. Winters average 16°F in January while summers reach 74°F in July. Annual precipitation totals 30.6 inches. Air quality is rated Good with a median AQI of 36.

Prior Lake has a population of 27,832 with a density of 1,709 people per square mile. The median age is 39.7 years, 2% older than the national median of 38.9. The city is predominantly White (83.4%), with 2.6% Hispanic, 1.6% Black.

Population

27,832
Total Population
1,709
People / sq mi
39.7yrs
Median Age
2% above US avg
16.3mi²
Land Area

Gender Distribution

Male 49%
Female 51%

Race & Ethnicity

Prior Lake vs U.S. Average

Language Spoken at Home

English Only91.9%
17% above US avg
Spanish8.1%
40% below US avg

Social Characteristics

Prior Lake vs U.S. Average

The median household income in Prior Lake is $130,278, which is 73% above the national average of $75,149. The unemployment rate is 0.9% (below the 3.6% US average). 1.4% of residents live below the poverty line. Workers commute an average of 25 minutes.

Income: Prior Lake vs U.S.

Commute Mode

Income

Median HH Income$130,278
73% above US avg
Per Capita Income$63,391
Avg Weekly Wage$1,195
IRS Avg AGI$110,807

Employment & Poverty

Unemployment0.9%
75% below US avg
Poverty Rate1.4%
89% below US avg
Establishments (County)3,996
County GDP$10,952M

Business (County)

Restaurants254
Healthcare327
Retail322
Manufacturing172

Tax & Cost of Living

Property Tax (IRS)$5,631
61% above US avg
Effective Tax Rate1.31%

Commute & Transportation

Commute Time24.7 min
Work from Home22.0%

Walkability

The median home value in Prior Lake is $429,900, 53% above the national average. Monthly rent averages $1,548 (33% above US avg). Zillow estimates the typical home value at $515,927.

Home Value Sources

Ownership Split

Home Values

Census Median$429,900
53% above US avg
Zillow ZHVI$515,927
Median List Price$517,500

Real Estate Market (Redfin)

Median List Price$517,500
$/Sq Ft$203
Homes Sold16
Sale-to-List Ratio97.3%
Price Drops12.1%
Inventory66

Rental Costs

Census Median Rent$1,548
33% above US avg
Zillow Rent (ZORI)$1,859

HUD Fair Market Rent

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

Ownership & Property

Owner-Occupied85.6%

Property Tax

Avg Tax (IRS)$5,631
61% above US avg
Effective Rate1.31%
In Prior Lake, 30.5% of adults are obese (below the 32.1% national rate). 23.3% report depression. 20.0% are physically inactive.

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

Chronic Conditions

Obesity30.5%
5% below US avg
Diabetes7.8%
Heart Disease4.2%
High Blood Pressure27.1%
Asthma9.6%
COPD3.7%
Stroke2.2%

Behaviors & Mental Health

Binge Drinking20.9%
Physical Inactivity20.0%
Depression23.3%
Mental Distress14.6%
Physical Distress9.5%

Healthcare Access

Insurance Rate97.0%
Checkup Rate73.1%
Premature Death4,774/100K

Food & Exercise

Food Environment9.7/10
Exercise Access95.3%
Healthcare Facilities327
Prior Lake has a violent crime rate of 93 per 100,000 residents, 76% below the national average of 380. Property crime stands at 1,497 per 100,000 (24% below US avg). The murder rate is 0.0 per 100,000.

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

Violent Crime

Total Violent92.8/100K
76% below US avg
Murder0.0/100K
100% below US avg
Rape40.4/100K
Robbery4.0/100K
Assault48.4/100K

Property Crime

Total Property1,497.2/100K
24% below US avg
Burglary133.2/100K
Theft1,319.7/100K
Vehicle Theft44.4/100K
Arson0.0/100K

Traffic Safety

Fatal Crashes (County/yr)12

Safety Score

Safety GradeF
Safety Score1.0 / 5.0
Prior Lake has an average annual temperature of 47°F (8°C). Winters average 16°F in January while summers reach 74°F in July. Annual precipitation is 30.6 inches. Air quality is rated Good with a median AQI of 36.

Temperature

16°F Jan (-9°C) 74°F Jul (23°C)
Annual Average46.7°F
14% below US avg
January Average16°F (-9°C)
July Average74°F (23°C)

Precipitation & Snow

Annual Rainfall30.6 inches
19% below US avg

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation940 ft (287 m)
Area16.3 sq mi (42.2 km²)
Population Density1,709/sq mi
Coordinates44.7256°N, 93.4409°W
County FIPS27139
It is classified as Metro — 1 million+. 51.5% of residents hold a bachelor's degree or higher (53% above US avg). In the 2024 election, the county voted Republican by a 8.5-point margin.

2024 Presidential Election (County)

R 53.3%
D 44.8%

Winner: Republican by 8.5 points

Education

Bachelor's Degree+51.5%
53% above US avg
High School+96.5%
School Test Score6.08
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density1,709/sq mi
Total Area16.3 sq mi

Infrastructure & Services

EV Charging Stations10
Alt Fuel Stations12
Public Libraries8
Healthcare Facilities327
Restaurants254
Retail Stores322

Safety & Disasters

Fatal Crashes (County/yr)12
F Safety Grade (1.0/5.0)

Commute & Transportation

Avg Commute24.7 min
Work from Home22.0%

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