Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.9 yrs |
|---|---|
| Avg HH Size | 2.16 |
| Below Poverty | 8.3% ▼ 17% below avg |
| College Grads | 40.2% ≈ Avg |
| Unemployment | 3.7% ▼ 25% below avg |
| No HS Diploma | 37 (0.5%) |
| HS Graduate | 2,214 (29.7%) |
| Some College | 994 (13.3%) |
| Associates | 1,231 (16.5%) |
| Bachelors | 1,158 (15.5%) |
| Graduate Degree | 1,828 (24.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,467 ≈ Avg |
|---|---|
| Median Home Value | $219,594 ▼ 21% below avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,027/mo |
| Total Housing Units | 6,606 |
| Vacant Units | 1,746 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lake County is located in Minnesota and encompasses 6 ZIP codes spanning 6 cities and communities. The county has an estimated population of 10,641 residents. With a median age of 47.86, it is a mature county.
Lake County has a middle-income economic profile. The median household income of $75,467 is near the national average. Unemployment stands at 3.7%, below the national average. The poverty rate of 8.3% is near the national average.
Housing in Lake County is an affordable housing market, with a median home value of $219,594 — below the national average. Monthly median rent is approximately $1,027. Homeownership rates are high at 83.3%, reflecting a largely residential, stable population.
The residents of Lake County are primarily White (94.57%). Educational attainment is well-educated — 40.2% of adults hold a bachelor's degree or higher, near the national average.
Lake County, MN is a middle-income area in Minnesota. The 6 ZIP codes within the county each have their own character — browse the full list below to find the right community, whether you're looking for affordable housing, strong schools, or economic opportunity.
| ZIP | City | Population | Median Income | Median Home | Median Rent | Unemp. | College |
|---|---|---|---|---|---|---|---|
| 55601 | Beaver Bay | 135 | $54,375 | $232,700 | — | 0.0% | 42.3% |
| 55603 | Finland | 448 | $62,813 | $195,800 | $696 | 6.6% | 31.3% |
| 55607 | Isabella | 213 | $67,500 | $203,800 | — | 25.6% | 39.1% |
| 55609 | Knife River | 118 | $76,538 | — | — | 100.0% | 32.2% |
| 55614 | Silver Bay | 2,450 | $74,313 | $172,900 | $1,035 | 1.7% | 38.5% |
| 55616 | Two Harbors | 7,277 | $77,242 | $237,000 | $1,045 | 2.0% | 41.4% |