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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
Top Industries in The Lakes (8)
County-level employment data (BLS QCEW). Sorted by employment.
Retail Trade
342 jobs
41 firms
$35,931/yr
Wholesale Trade
185 jobs
23 firms
$58,700/yr
Construction
146 jobs
51 firms
$47,914/yr
Agriculture & Forestry
99 jobs
19 firms
$41,453/yr
Professional & Technical Services
72 jobs
13 firms
$83,359/yr
Other Services
67 jobs
25 firms
$29,789/yr
Administrative & Waste Services
26 jobs
4 firms
$45,145/yr
Information & Technology
15 jobs
5 firms
$30,850/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Agriculture & Forestry
4.20
Wholesale Trade
1.61
Retail Trade
1.18
Construction
0.95
Other Services
0.76
Professional & Technical Services
0.36
Information & Technology
0.27
Administrative & Waste Services
0.15
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Retail Trade | 342 | 41 | $691 | $35,931 | 1.18 |
| Wholesale Trade | 185 | 23 | $1,129 | $58,700 | 1.61 |
| Construction | 146 | 51 | $921 | $47,914 | 0.95 |
| Agriculture & Forestry | 99 | 19 | $797 | $41,453 | 4.20 |
| Professional & Technical Services | 72 | 13 | $1,603 | $83,359 | 0.36 |
| Other Services | 67 | 25 | $573 | $29,789 | 0.76 |
| Administrative & Waste Services | 26 | 4 | $868 | $45,145 | 0.15 |
| Information & Technology | 15 | 5 | $593 | $30,850 | 0.27 |