At a Glance
Median Income
$130,278
$63,391 per capita
Home Value
$429,900
Zillow: $530,206
Median Rent
$1,548/mo
31.7% of income on rent
Violent Crime
117/100K
1,087/100K property
Bachelor's Degree+
51.5%
96.5% high school+
Unemployment
1.2%
1.4% poverty rate
Obesity Rate
30.5%
11.0% smoking rate
How Prior Lake Compares to the U.S. Average
Each bar shows Prior Lake's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Prior Lake a Good Place to Live?
A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Prior Lake residents earn a median household income of $130,278 , which is 73% above the national average of $75,149.
Per capita income is $63,391. The unemployment rate stands at 1.2% (67% below the U.S. rate of 3.6%). 1.4% of residents live below the poverty line. The area is home to 3,996 business establishments, including 254 restaurants.
Housing & Cost of Living
The median home value in Prior Lake is $429,900 , 53% above the national median of $281,900.
Zillow estimates the typical home at $530,206. Median rent is $1,548/month, with 31.7% 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 1997.
Safety & Crime
Prior Lake reports 117 violent crimes per 100,000 residents
, which is 69% below the national average of 380/100K.
Property crime is 1,087/100K. The murder rate is 3.6/100K.
Education
51.5% of adults in Prior Lake hold a bachelor's degree or higher
(53% above the national average).
96.5% have completed high school. Local schools score 6.9/10 in standardized testing.
Climate & Weather
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 totals 30.6 inches. Air quality is rated Good with a median AQI of 42.
Data Overview
People
Population27,832
Median Age39.7 yrs
Density1,709/mi²
Male / Female49% / 51%
Foreign Born6.9%
Veterans5.8%
Economy
A+
Median Income$130,278
Per Capita$63,391
Unemployment1.2%
Poverty1.4%
County GDP$10,952M
Avg Weekly Wage$1,195
Housing
A+
Home Value$429,900
Rent$1,548
Ownership85.6%
Zillow$530,206
Housing Units10,318
Rent Burden31.7%
Crime
F
Violent117/100K
Property1,087/100K
Murder3.6/100K
Assault64/100K
Burglary64/100K
Health
Obesity30.5%
Diabetes7.8%
Smoking11.0%
Heart Disease4.2%
Premature Death4,774/100K
Climate
Avg Temp47°F
Rain30.6 in/yr
AQI42 (Good)
Elevation940 ft
Education
A+
Bachelor's+51.5%
High School+96.5%
Graduate+14.8%
School Score6.9/10
Community
2024 VoteR 53% / D 45%
Commute25 min
Broadband95.5%
Internet Speed144 Mbps
EV Stations10
Libraries8
Did You Know?
Prior Lake was founded in 1891.
The median home in Prior Lake was built in 1997.
22.0% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (15 miles).
The Gini coefficient (income inequality) is 0.408 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
9.4% of the population has a disability.
Average internet download speed is 144 Mbps.
There are 254 restaurants in the area.
The county recorded 12 fatal vehicle crashes.