Lakefield vs Hinckley
Side-by-side comparison
How does Lakefield, MN compare to Hinckley, MN? Lakefield has a population of 1,652 with a median household income of $62,656, while Hinckley has 1,665 residents and a median income of $41,979. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Lakefield, MN | Hinckley, MN | Difference |
|---|---|---|---|
| Population | 1,652 | 1,665 | -0.8% |
| Median Age | 43.9 | 44.5 | -1.3% |
| Foreign Born % | 1.7% | 1.4% | +21.4% |
| Metric | Lakefield | Hinckley | Difference |
|---|---|---|---|
| Median Income | $62,656 | $41,979 | +49.3% |
| Unemployment | 0.5% | 6% | -91.7% |
| Poverty Rate | 9.8% | 18% | -45.6% |
| Bachelor's+ | 17.1% | 11.7% | +46.2% |
| Metric | Lakefield | Hinckley | Difference |
|---|---|---|---|
| Home Value | $115,900 | $165,200 | -29.8% |
| Median Rent | $867/mo | $1004/mo | -13.6% |
| Housing Units | 822 | 734 | +12.0% |