Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.5 yrs |
|---|---|
| Avg HH Size | 2.29 |
| Below Poverty | 5.6% ▼ 44% below avg |
| College Grads | 35.4% ▼ 9% below avg |
| Unemployment | 3.2% ▼ 35% below avg |
| No HS Diploma | 2 (0.4%) |
| HS Graduate | 171 (35.4%) |
| Some College | 78 (16.1%) |
| Associates | 61 (12.6%) |
| Bachelors | 76 (15.7%) |
| Graduate Degree | 95 (19.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $78,571 ≈ Avg |
|---|---|
| Median Home Value | $155,400 ▼ 44% below avg |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $738/mo |
| Total Housing Units | 332 |
| Vacant Units | 34 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lake Wilson is a city in Minnesota, located in Murray County. The city spans 1 ZIP code and is home to approximately 681 residents. It is a mature city, with a median age of 49.5 years.
Economically, Lake Wilson is a middle-income community. The median household income of $78,571 is near the national average. Approximately 5.6% of residents live below the poverty line. The unemployment rate is 3.2%, below the national average.
The real estate market in Lake Wilson is an affordable housing market. Median home values stand at $155,400, which is below the national average. Renters typically pay around $738 per month. Homeownership is high at 94.0%, typical of suburban and family-oriented communities.
The population of Lake Wilson is moderately educated. 35.4% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.54%).
Lake Wilson, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56151 | 681 | $78,571 | $155,400 | $738 | 3.2% | 35.4% | 94.0% |