Franklin vs Minnesota Lake
Side-by-side comparison
How does Franklin, MN compare to Minnesota Lake, MN? Franklin has a population of 513 with a median household income of $54,904, while Minnesota Lake has 621 residents and a median income of $62,875. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Franklin, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 513 | 621 | -17.4% |
| Median Age | 38 | 45.5 | -16.5% |
| Foreign Born % | 6.4% | 0% | +640.0% |
| Metric | Franklin | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $54,904 | $62,875 | -12.7% |
| Unemployment | 1.9% | 3.9% | -51.3% |
| Poverty Rate | 15.1% | 12.1% | +24.8% |
| Bachelor's+ | 12.5% | 18.7% | -33.2% |
| Metric | Franklin | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $84,800 | $126,600 | -33.0% |
| Median Rent | $883/mo | $950/mo | -7.1% |
| Housing Units | 201 | 312 | -35.6% |