Lakefield vs Minnesota Lake
Side-by-side comparison
How does Lakefield, MN compare to Minnesota Lake, MN? Lakefield has a population of 1,652 with a median household income of $62,656, 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 | Lakefield, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 1,652 | 621 | +166.0% |
| Median Age | 43.9 | 45.5 | -3.5% |
| Foreign Born % | 1.7% | 0% | +170.0% |
| Metric | Lakefield | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $62,656 | $62,875 | -0.3% |
| Unemployment | 0.5% | 3.9% | -87.2% |
| Poverty Rate | 9.8% | 12.1% | -19.0% |
| Bachelor's+ | 17.1% | 18.7% | -8.6% |
| Metric | Lakefield | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $115,900 | $126,600 | -8.5% |
| Median Rent | $867/mo | $950/mo | -8.7% |
| Housing Units | 822 | 312 | +163.5% |