City

Mountain Lake, MN

1 ZIP code  ·  Cottonwood County  ·  Minnesota

👥2,520Population
💰$65,089Median HH Income▼ 15% below avg
🎂38.1Median Age
🏠$135,200Median Home Value▼ 52% below avg
🎓36.6%College Grads≈ Avg
📊4.7%Unemployment≈ Avg
People & Population (ACS 2023 — weighted avg)
♂ Male 51.6% Female 48.4% ♀

Race & Ethnicity

White: 74%Hispanic: 13.7%Asian: 9.6%Other: 1.2%Race
White74.0%
Hispanic13.7%
Asian9.6%
Other1.2%

Age Breakdown

Under 5
6%
5–17
24%
18–24
8%
25–44
20%
45–64
22%
65+
8%

Key Indicators

Median Age38.1 yrs
Avg HH Size2.52
Below Poverty16.0% ▲ 60% above avg
College Grads36.6% ≈ Avg
Unemployment4.7% ≈ Avg
No HS Diploma37 (2.5%)
HS Graduate487 (32.6%)
Some College158 (10.6%)
Associates266 (17.8%)
Bachelors180 (12%)
Graduate Degree367 (24.5%)

Education

No HS: 2.5%HS Grad: 32.6%Some College: 10.6%Associates: 17.8%Bachelors: 12%Graduate: 24.5%Edu
No HS2.5%
HS Grad32.6%
Some College10.6%
Associates17.8%
Bachelors12.0%
Graduate24.5%
Housing & Income

Housing Tenure

Owner: 76.6%Renter: 23.4%Tenure
Owner76.6%
Renter23.4%

Home Value Distribution

Under $50k
5%
$50k–$100k
22%
$100k–$150k
29%
$150k–$200k
18%
$200k–$300k
17%
$300k–$500k
6%
Over $500k
2%

Financials

Median HH Income$65,089 ▼ 15% below avg
Median Home Value$135,200 ▼ 52% below avg
Home/Income Ratio2.1x (nat avg ~3.5x)
Median Rent$738/mo
Total Housing Units1,051
Vacant Units98

Income Distribution

Under $25k
19%
$25k–$50k
18%
$50k–$75k
20%
$75k–$100k
19%
$100k–$150k
13%
$150k–$200k
6%
Over $200k
5%
Employment & Commute

How People Get to Work

Drove Alone
77%
Public Transit
1%
Walked
6%
Work From Home
16%

Commute Time

Under 15 min
66%
15–30 min
19%
30–45 min
10%
Over 45 min
4%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
17%
1960s–1970s
17%
1980s–1990s
2%
2000+
60%
About Mountain Lake, MN

Mountain Lake is a city in Minnesota, located in Cottonwood County. The city spans 1 ZIP code and is home to approximately 2,520 residents. It is a middle-aged city, with a median age of 38.1 years.

Economically, Mountain Lake is a solidly middle-class community. The median household income of $65,089 is near the national average. Approximately 16.0% of residents live below the poverty line. The unemployment rate is 4.7%, near the national average.

The real estate market in Mountain Lake is one of the more affordable housing markets in the country. Median home values stand at $135,200, which is well below the national average. Renters typically pay around $738 per month. Homeownership is high at 76.6%, typical of suburban and family-oriented communities.

The population of Mountain Lake is moderately educated. 36.6% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (73.97%).

Mountain Lake, MN offers residents a cost-conscious lifestyle within Minnesota.

ZIP Codes in Mountain Lake
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
56159 2,520 $65,089 $135,200 $738 4.7% 36.6% 76.6%