Balaton vs Medicine Lake
Side-by-side comparison
How does Balaton, MN compare to Medicine Lake, MN? Balaton has a population of 544 with a median household income of $54,091, while Medicine Lake has 541 residents and a median income of $161,250. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Balaton, MN | Medicine Lake, MN | Difference |
|---|---|---|---|
| Population | 544 | 541 | +0.6% |
| Median Age | 46.7 | 44.9 | +4.0% |
| Foreign Born % | 0% | 6.5% | -100.0% |
| Metric | Balaton | Medicine Lake | Difference |
|---|---|---|---|
| Median Income | $54,091 | $161,250 | -66.5% |
| Unemployment | 6.9% | 0% | +690.0% |
| Poverty Rate | 13.3% | 2.6% | +411.5% |
| Bachelor's+ | 18.1% | 71% | -74.5% |
| Metric | Balaton | Medicine Lake | Difference |
|---|---|---|---|
| Home Value | $85,000 | $1,014,500 | -91.6% |
| Median Rent | $1081/mo | $1025/mo | +5.5% |
| Housing Units | 279 | 221 | +26.2% |