Round Lake, MN
Full City Profile · Minnesota · Osceola County County
Round Lake, MN
At a Glance
How Round Lake Compares to the U.S. Average
Each bar shows Round Lake's value as a percentage of the national average (100% = U.S. avg)
Is Round Lake a Good Place to Live?
Economy & Jobs
Round Lake residents earn a median household income of $63,661 , which is 15% below the national average of $75,149. Per capita income is $34,019. The unemployment rate stands at 4.9% (36% above the U.S. rate of 3.6%). 1.9% of residents live below the poverty line. The area is home to 272 business establishments, including 8 restaurants.
Housing & Cost of Living
The median home value in Round Lake is $87,800 , 69% below the national median of $281,900. Zillow estimates the typical home at $174,812. Median rent is $593/month, with 18.0% 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 1957.
Education
10.0% of adults in Round Lake hold a bachelor's degree or higher (70% below the national average). 90.3% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Round Lake has an average annual temperature of 44°F (7°C). Winters average 14°F in January while summers reach 71°F in July. Annual precipitation totals 30.7 inches.