Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.9 yrs |
|---|---|
| Avg HH Size | 2.20 |
| Below Poverty | 5.2% ▼ 48% below avg |
| College Grads | 36.5% ≈ Avg |
| Unemployment | 3.1% ▼ 36% below avg |
| No HS Diploma | 1 (0.2%) |
| HS Graduate | 187 (42.9%) |
| Some College | 42 (9.6%) |
| Associates | 47 (10.8%) |
| Bachelors | 91 (20.9%) |
| Graduate Degree | 68 (15.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $68,611 ▼ 10% below avg |
|---|---|
| Median Home Value | $116,200 ▼ 58% below avg |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $579/mo |
| Total Housing Units | 317 |
| Vacant Units | 37 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Round Lake is a city in Minnesota, located in Nobles County. The city spans 1 ZIP code and is home to approximately 615 residents. It is a mature city, with a median age of 47.9 years.
Economically, Round Lake is a solidly middle-class community. The median household income of $68,611 is near the national average. Approximately 5.2% of residents live below the poverty line. The unemployment rate is 3.1%, below the national average.
The real estate market in Round Lake is one of the more affordable housing markets in the country. Median home values stand at $116,200, which is well below the national average. Renters typically pay around $579 per month. Homeownership is high at 80.4%, typical of suburban and family-oriented communities.
The population of Round Lake is moderately educated. 36.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (88.46%).
Round Lake, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56167 | 615 | $68,611 | $116,200 | $579 | 3.1% | 36.5% | 80.4% |