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Prior Lake, MN

Full City Profile · Minnesota · Scott County County

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 31.7% income on rent
47°F Avg Temperature 270 sunny days/yr
154 Violent Crime/100K 2,204 property/100K
A
Overall
4.0 / 5.0
Strong
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
154 violent crimes/100K
A+
Education
5.0 / 5.0
51.5% bachelor's degree or higher

Income Overview

Median Household Income
$130,278
73% above
US avg: $75,149
Per Capita Income
$63,391
62% above
US avg: $39,052
Unemployment Rate
0.9%
75% below
US avg: 3.6%
Poverty Rate
1.4%
89% below
US avg: 12.4%

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

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

Median Household
US: $75,149
$130,278
173%
Per Capita
US: $39,052
$63,391
162%
IRS Avg AGI
US: $72,000
$110,807
154%
Avg Weekly Wage
US: $1,432
$1,195
83%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,195
17% below US avg ($1,432)
Mean Commute Time
25 min
11% below US avg (28 min)
Work From Home
22.0%
45% above US avg (15.2%)
Drive Alone
68.1%
7% below US avg (73.2%)
Public Transit
1.0%
81% below US avg (5.0%)
County GDP
$10,952M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 68.1%
Public Transit 1%
Work From Home 22%
Other 8.9%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
3,996
Restaurants
254
Healthcare
327
Retail
322
Manufacturing
172

Tax & Financial

IRS Avg Adjusted Gross Income
$110,807
54% above US avg ($72,000)
Avg Property Tax
$5,631
61% 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$130,278
Per Capita Income$63,391
IRS Avg Adjusted Gross Income$110,807
Avg Weekly Wage$1,195
County GDP$10,952M

Hardship Indicators

Unemployment Rate0.9%
Poverty Rate1.4%
Gini Coefficient0.408
Cost of Living Index98.6

Commute

Mean Commute25 minutes
Drive Alone68.1%
Public Transit1.0%
Work From Home22.0%

Businesses

Total Establishments3,996
Restaurants254
Healthcare327
Retail322
Manufacturing172

Tax

IRS Avg AGI$110,807
Avg Property Tax$5,631