Minnesota Lake is a city located in Faribault County, Minnesota. Minnesota Lake has a 2026 population of 659. Minnesota Lake is currently declining at a rate of 0% annually and its population has decreased by -0.3% since the most recent census, which recorded a population of 661 in 2020.
The median household income in Minnesota Lake is $68,750 with a poverty rate of 6.99%. The median age in Minnesota Lake is 41.2 years: 41.8 years for males, and 39.8 years for females. For every 100 females there are 125.2 males.
Data after 2023 is projected based on recent change
Overall: 41.2 years
Female: 39.8 years
Male: 41.8 years
There are 535 adults, (129 of whom are seniors) in Minnesota Lake.
Female: 305 (44.4%)
Male: 382 (55.6%)
The racial composition of Minnesota Lake includes 92.87% White, and smaller percentages for Asian and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 638 | 92.87% |
| Two or more races | 47 | 6.84% |
| Asian | 2 | 0.29% |
Minnesota Lake 's average per capita income is $48,646. Household income levels show a median of $68,750. The poverty rate stands at 6.99%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $103,125 | - |
| Families | $83,750 | $101,221 |
| Households | $68,750 | $85,523 |
| Non Families | $37,083 | $58,156 |
Average Income
Median Household Income
Poverty Rate