Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.2 yrs |
|---|---|
| Avg HH Size | 2.81 |
| Below Poverty | 2.3% ▼ 77% below avg |
| College Grads | 62.6% ▲ 61% above avg |
| Unemployment | 1.3% ▼ 74% below avg |
| No HS Diploma | 127 (0.6%) |
| HS Graduate | 3,324 (14.9%) |
| Some College | 1,750 (7.8%) |
| Associates | 3,156 (14.1%) |
| Bachelors | 2,788 (12.5%) |
| Graduate Degree | 11,181 (50.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $140,835 ▲ 85% above avg |
|---|---|
| Median Home Value | $450,100 ▲ 61% above avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $1,406/mo |
| Total Housing Units | 12,631 |
| Vacant Units | 338 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Prior Lake is a city in Minnesota, located in Scott County. The city spans 1 ZIP code and is home to approximately 34,617 residents. It is a middle-aged city, with a median age of 40.2 years.
Economically, Prior Lake is a upper-middle-income community. The median household income of $140,835 is significantly above the national average. Approximately 2.3% of residents live below the poverty line. The unemployment rate is 1.3%, well below the national average.
The real estate market in Prior Lake is a premium housing market. Median home values stand at $450,100, which is significantly above the national average. Renters typically pay around $1,406 per month. Homeownership is high at 90.5%, typical of suburban and family-oriented communities.
The population of Prior Lake is highly educated. 62.6% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (84.52%).
Prior Lake, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55372 | 34,617 | $140,835 | $450,100 | $1,406 | 1.3% | 62.6% | 90.5% |