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The Lakes, MN
Full City Profile · Minnesota · Murray County County
The Lakes, MN
At a Glance
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)
Is The Lakes a Good Place to Live?
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 1.0% (72% 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.
Safety & Crime
The Lakes reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 756/100K.
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. The area gets 276 sunny days per year. Annual precipitation totals 29.2 inches. Air quality is rated Good with a median AQI of 36.