Gem Lake vs Franklin
Side-by-side comparison
How does Gem Lake, MN compare to Franklin, MN? Gem Lake has a population of 521 with a median household income of $146,250, while Franklin has 513 residents and a median income of $54,904. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Gem Lake, MN | Franklin, MN | Difference |
|---|---|---|---|
| Population | 521 | 513 | +1.6% |
| Median Age | 41.2 | 38 | +8.4% |
| Foreign Born % | 1.3% | 6.4% | -79.7% |
| Metric | Gem Lake | Franklin | Difference |
|---|---|---|---|
| Median Income | $146,250 | $54,904 | +166.4% |
| Unemployment | 0.4% | 1.9% | -78.9% |
| Poverty Rate | 2.3% | 15.1% | -84.8% |
| Bachelor's+ | 52.6% | 12.5% | +320.8% |
| Metric | Gem Lake | Franklin | Difference |
|---|---|---|---|
| Home Value | $536,600 | $84,800 | +532.8% |
| Median Rent | $1750/mo | $883/mo | +98.2% |
| Housing Units | 186 | 201 | -7.5% |