At a Glance
Median Income
$88,929
$56,246 per capita
Home Value
$391,900
Zillow: $132,903
Bachelor's Degree+
30.4%
98.8% high school+
Unemployment
1.8%
2.3% poverty rate
Obesity Rate
35.7%
14.6% smoking rate
How The Lakes Compares to the U.S. Average
Each bar shows The Lakes's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is The Lakes a Good Place to Live?
A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
The Lakes residents earn a median household income of $88,929 , which is 18% above the national average of $75,149.
Per capita income is $56,246. The unemployment rate stands at 1.8% (50% below the U.S. rate of 3.6%). 2.3% of residents live below the poverty line. The area is home to 341 business establishments, including 19 restaurants.
Housing & Cost of Living
The median home value in The Lakes is $391,900 , 39% above the national median of $281,900.
Zillow estimates the typical home at $132,903. The cost of living index is 98.6 (100 = national average). The median home was built in 1986.
Education
30.4% of adults in The Lakes hold a bachelor's degree or higher
(10% below the national average).
98.8% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
The Lakes has an average annual temperature of 45°F (7°C).
Winters average 14°F in January while summers reach 72°F in July. Annual precipitation totals 29.2 inches.
Data Overview
People
Population666
Median Age63.4 yrs
Density20/mi²
Male / Female48% / 52%
Foreign Born0.6%
Veterans8.0%
Economy
A+
Median Income$88,929
Per Capita$56,246
Unemployment1.8%
Poverty2.3%
County GDP$721M
Avg Weekly Wage$943
Housing
A
Home Value$391,900
Rent
Ownership94.4%
Zillow$132,903
Housing Units813
Rent Burden20.8%
Health
Obesity35.7%
Diabetes8.3%
Smoking14.6%
Heart Disease5.1%
Premature Death5,092/100K
Climate
Avg Temp45°F
Rain29.2 in/yr
Elevation1,526 ft
Education
B
Bachelor's+30.4%
High School+98.8%
Graduate+7.5%
School Score6.4/10
Community
2024 VoteR 70% / D 28%
Commute33 min
Broadband88.5%
Internet Speed81 Mbps
EV Stations3
Libraries2
Did You Know?
The median home in The Lakes was built in 1986.
15.3% work from home.
The nearest airport is Southwest Minnesota Regional Marshall/Ryan Field (25 miles).
The Gini coefficient (income inequality) is 0.411 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
12.0% of the population has a disability.
The county recorded 4 fatal vehicle crashes.