City profile · Minnesota · Census ACS 2023

Lake Park, MN

Population, income, housing, safety, climate and schools for Lake Park - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

573
Residents
$63,250
Median income
$160,900
Median home
$1,027
Median rent (state)

Lake Park - the verdict

Measured against every US city with at least 1,000 residents, Lake Park lands in the 40th percentile for household income and the 77th percentile for safety. Source: Census ACS + FBI UCR.

40th
percentile, household income
30th
percentile, home value
22nd
percentile, median rent
77th
percentile, safety
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Lake Park, MN

573 people live in Lake Park, Minnesota - a small town by U.S. Census Bureau ACS 2023 estimates. Lake Park households earn a median of $63,250 annually, below the median for U.S. cities on this measure, with a poverty rate of 10.4%. Lake Park's housing stock carries a median value of $160,900, and the median resident age is 36.8 years. 25.8% of adults here have a bachelor's degree or higher; 72.8% of working-age residents are in the labor force.

The Census Building Permit Survey recorded 0 residential units authorized here in 2024 (No Permits), down 100% from five years earlier. Lake Park reports a comparatively low crime rate: FBI UCR reporting places total crime at 698.4 incidents per 100,000 residents, below the national average (voluntary agency reporting, reflects reporting activity, not a definitive danger score).

Minnesota tracks close to the national cost-of-living baseline: on BEA's 100-equals-national-average cost index, Minnesota scores 98.6 (Near Average), per the 2024 Regional Price Parities release. A typical two-bedroom carries a HUD Fair Market Rent of $1,027 per month statewide. Statewide, average monthly utility bills in Minnesota run around $225, per EIA 2023 residential energy data. Natural-hazard exposure scores 37.4 out of 100 on FEMA's National Risk Index (Very Low).

Population

573 residents

Census ACS 2023 - Minnesota

Median Household Income

$63,250 /yr

Poverty 10.4%

Cost of Living Index (state)

98.6 (US=100)

Near Average - BEA RPP 2024, Minnesota average

How does Lake Park compare to other US cities?

Lake Park measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 40% higher than other cities
Home value 30% pricier than other cities
Median rent 22% pricier than other cities
Safety 77% safer than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

National percentiles can mask local variation. Looking only at Minnesota, Lake Park ranks #100 of 229 Minnesota cities by lowest crime rate - a narrower, more locally useful cut than the national comparison above.

How we calculate these percentiles & ranks

Each percentile compares Lake Park against every qualifying US city; each in-state rank narrows that to Minnesota only. Full formula and direction notes: methodology.

Minnesota-relative analysis

Poverty Rate places Lake Park toward the top of Minnesota's cities

Among the 785 Minnesota cities PlainCities tracks with reported poverty rate data, Lake Park ranks #185 - the 76th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Lake Park only against its own state's cities, not the full US field.

Median Household Income
#466 of 775
40th percentile in Minnesota
Median Gross Rent
#431 of 785
44th percentile in Minnesota
Median Home Value
#423 of 774
45th percentile in Minnesota
Poverty Rate
#185 of 785
76th percentile in Minnesota
Bachelor's Degree or Higher
#275 of 784
65th percentile in Minnesota

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Minnesota only, not a livability score. See the methodology for the source and calculation.

40thIncome percentile
77thSafety percentile

40th percentile nationally for median household income · 77th percentile for safety (lower crime rate). Source: Census ACS 2023 / FBI UCR 2023.

Lake Park's profile vs. every US city

Income, affordability, and safety percentile

Lake Park's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown. 3-axis radar comparing 1 series across Income, Affordability, Safety. IncomeAffordabilitySafety 64 Avg. percentile National median
Lake Park's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown.

How Lake Park's home value compares nationally

Median home value vs. every US city (population 1,000+)

$160,900 Among the most affordable more affordable than 70% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). This entry sits in this band. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Lake Park $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Lake Park, MN Lake Park, MN's reported median household income shown against the U.S. national quintile-share pattern (not Lake Park, MN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Lake Park, MN median $63,250/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Lake Park, MN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Lake Park, MN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 25.8%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 10.4%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 72.8%

Census ACS S2301, share of working-age residents in the labor force

Population
573
Median Income
$63,250
Median Home Value
$160,900
Median Age
36.8
Poverty Rate
10.4%
Labor force participation
72.8%
Bachelor's Degree+
25.8%

Safety & Crime

Total Crime Rate
698.4
per 100,000 residents
Violent Crime
139.7
per 100,000 residents
Property Crime
558.7
per 100,000 residents

Reflects incidents reported to the FBI's Uniform Crime Reporting program — agency participation is voluntary and reporting completeness varies by jurisdiction and year, so this reflects reporting activity, not a definitive danger score. Not adjusted for tourism, commuter, or daytime population.

Schools

Total Schools
1
Public schools in this city

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
700 residents710 residents720 residents730 residents740 residents 202020212022202320242025 729 residents 711 residents ▼ -2.5%
Lake Park's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

Total Permits (2024)
0
housing units authorized
Single-Family
0
detached homes
Multifamily
0
apartments & condos

5-Year Permit Trend (2019–2024)

Year Total
2019 1
2020 1
2021 1
2022 1
2023 0
2024 0

Permit volume decreased 100% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
79.7%
Carpool
15.7%
Public Transit
0.0%
Walk
0.0%
Work from Home
2.3%
Other
2.3%

Based on 306 workers 16 and over.

Monthly Utility Costs

State-average estimates for Minnesota - EIA 2023 residential energy data

Electricity
$95
avg/month
Natural Gas
$85
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$225
estimated/month

Estimates reflect Minnesota state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Minnesota state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Lake Park sits in

Cost of Living Index
98.6
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,027/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
37.4 / 100
Very Low
FEMA NRI composite score (county)

Similar Cities in Minnesota

Hendricks
572 people
Lynd
570 people
Stewart
570 people
Littlefork
577 people
New Germany
581 people
Brooten
582 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Lake Park's 573 residents (Census ACS 5-Year 2023).

Penney Farms, FL
573 people
Miami, IN
573 people
Parkers Settlement, IN
573 people
Zanesville, IN
573 people
Argonia, KS
573 people
Bronson, KS
573 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Lake Park's $63,250 (Census ACS 5-Year 2023, table B19013).

Shady Hills, FL
$63,250 median income
Universal, IN
$63,250 median income
Ringsted, IA
$63,250 median income
Bison, KS
$63,250 median income
Plum Springs, KY
$63,250 median income
Sharon, WI
$63,250 median income

Race & Ethnicity Composition

Race and ethnicity - Lake Park, MN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Lake Park, MN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 89.3% 7.0% ETHNICITY, Hispanic or Latino (any race) 0.0% White 89.3% Black or African American 0.0% Asian 7.0% American Indian 2.1% Native Hawaiian 0.0% Some other race 0.0% Two or more races 1.6% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Lake Park compares to nearby Minnesota cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Lake Park (this city) 573 $63,250
Hendricks 572 $45,125
Lynd 570 $79,375
Stewart 570 $62,692
Census ACS 5-year FIPS MN FBI UCR NCES CCD Census BPS 2024 OMB Bulletin 23-01

What do people ask about Lake Park, MN?

What is the population of Lake Park, MN? +

The population of Lake Park, MN stands at 573 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Lake Park, MN? +

In Lake Park, the typical household earns $63,250 per year, based on Census ACS 2023 data.

What is the cost of living in Lake Park? +

BEA does not publish a city-level cost-of-living figure for Lake Park; the closest available measure is the Minnesota state average, a cost of living index of 98.6 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Minnesota vary by metro area.

Is Lake Park, MN safe? +

Lake Park has a total crime rate of 698.4 per 100,000 residents, which is below the national average. This reflects incidents reported to the FBI UCR program, not a definitive safety score -- agency reporting is voluntary and completeness varies by jurisdiction.

What is the median home value in Lake Park, MN? +

A typical home in Lake Park is worth $160,900, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, FBI UCR, NCES CCD, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.