Lake Park vs New Germany
Side-by-side comparison
How does Lake Park, MN compare to New Germany, MN? Lake Park has a population of 573 with a median household income of $63,250, while New Germany has 581 residents and a median income of $88,438. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Lake Park, MN | New Germany, MN | Difference |
|---|---|---|---|
| Population | 573 | 581 | -1.4% |
| Median Age | 36.8 | 29.6 | +24.3% |
| Foreign Born % | 4% | 0.5% | +350.0% |
| Metric | Lake Park | New Germany | Difference |
|---|---|---|---|
| Median Income | $63,250 | $88,438 | -28.5% |
| Unemployment | 0% | 1.4% | -100.0% |
| Poverty Rate | 8% | 3.7% | +116.2% |
| Bachelor's+ | 25.8% | 16.7% | +54.5% |
| Metric | Lake Park | New Germany | Difference |
|---|---|---|---|
| Home Value | $160,900 | $252,600 | -36.3% |
| Median Rent | $717/mo | $860/mo | -16.6% |
| Housing Units | 251 | 219 | +14.6% |