Balaton is a city located in Lyon County, Minnesota. Balaton has a 2026 population of 583. Balaton is currently declining at a rate of -0.17% annually and its population has decreased by -1.02% since the most recent census, which recorded a population of 589 in 2020.
The median household income in Balaton is $54,688 with a poverty rate of 17.7%. The median age in Balaton is 48.6 years: 42.3 years for males, and 50.5 years for females. For every 100 females there are 117.8 males.
Data after 2023 is projected based on recent change
Overall: 48.6 years
Female: 50.5 years
Male: 42.3 years
There are 424 adults, (137 of whom are seniors) in Balaton.
Female: 253 (45.9%)
Male: 298 (54.1%)
The racial composition of Balaton includes 92.56% White, and smaller percentages for Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 510 | 92.56% |
| Two or more races | 40 | 7.26% |
| Native American | 1 | 0.18% |
Balaton 's average per capita income is $42,321. Household income levels show a median of $54,688. The poverty rate stands at 17.7%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $71,964 | - |
| Families | $71,607 | $90,337 |
| Households | $54,688 | $69,859 |
| Non Families | $35,833 | $43,004 |
Average Income
Median Household Income
Poverty Rate