Lakefield vs Minnesota City
Side-by-side comparison
How does Lakefield, MN compare to Minnesota City, MN? Lakefield has a population of 1,652 with a median household income of $62,656, while Minnesota City has 152 residents and a median income of $62,250. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Lakefield, MN | Minnesota City, MN | Difference |
|---|---|---|---|
| Population | 1,652 | 152 | +986.8% |
| Median Age | 43.9 | 42.9 | +2.3% |
| Foreign Born % | 1.7% | 0% | +170.0% |
| Metric | Lakefield | Minnesota City | Difference |
|---|---|---|---|
| Median Income | $62,656 | $62,250 | +0.7% |
| Unemployment | 0.5% | 9.3% | -94.6% |
| Poverty Rate | 9.8% | 15% | -34.7% |
| Bachelor's+ | 17.1% | 10.6% | +61.3% |
| Metric | Lakefield | Minnesota City | Difference |
|---|---|---|---|
| Home Value | $115,900 | $167,800 | -30.9% |
| Median Rent | $867/mo | $795/mo | +9.1% |
| Housing Units | 822 | 83 | +890.4% |