All Countries
The Lakes, MN
Full City Profile · Minnesota · Murray County County
3.7
/5.0
B+
Good
666
Population
20/sq mi density
$88,929
Median Income
$56,246 per capita
$391,900
Home Value
$132,903 Zillow
45°F
Avg Temperature
276 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,929 median income, 1.0% unemployment
A
Affordability
4.2 / 5.0
$391,900 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.4 / 5.0
30.4% bachelor's degree or higher
Income Overview
Median Household Income
$88,929
18% above
US avg: $75,149
Per Capita Income
$56,246
44% above
US avg: $39,052
Unemployment Rate
1.0%
72% below
US avg: 3.6%
Poverty Rate
2.3%
81% below
US avg: 12.4%
Income Comparison: The Lakes vs. U.S. Average
Each bar shows The Lakes’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$88,929
118%
Per Capita
US: $39,052
$56,246
144%
IRS Avg AGI
US: $72,000
$76,683
107%
Avg Weekly Wage
US: $1,432
$943
66%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$943
34% below US avg ($1,432)
Mean Commute Time
33 min
20% above US avg (28 min)
Work From Home
15.3%
1% above US avg (15.2%)
Drive Alone
72.9%
0% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$721M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.9%
Public Transit
0%
Work From Home
15.3%
Other
11.8%
Average commute time
33 minutes
US avg: 28 min
Business Landscape
Total Establishments
341
Restaurants
19
Healthcare
16
Retail
40
Manufacturing
5
Tax & Financial
IRS Avg Adjusted Gross Income
$76,683
7% above US avg ($72,000)
Avg Property Tax
$2,845
19% below US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $88,929 |
| Per Capita Income | $56,246 |
| IRS Avg Adjusted Gross Income | $76,683 |
| Avg Weekly Wage | $943 |
| County GDP | $721M |
Hardship Indicators
| Unemployment Rate | 1.0% |
| Poverty Rate | 2.3% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 33 minutes |
| Drive Alone | 72.9% |
| Public Transit | 0.0% |
| Work From Home | 15.3% |
Businesses
| Total Establishments | 341 |
| Restaurants | 19 |
| Healthcare | 16 |
| Retail | 40 |
| Manufacturing | 5 |
Tax
| IRS Avg AGI | $76,683 |
| Avg Property Tax | $2,845 |