Medicine Lake vs Balaton
Side-by-side comparison
How does Medicine Lake, MN compare to Balaton, MN? Medicine Lake has a population of 541 with a median household income of $161,250, while Balaton has 544 residents and a median income of $54,091. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Medicine Lake, MN | Balaton, MN | Difference |
|---|---|---|---|
| Population | 541 | 544 | -0.6% |
| Median Age | 44.9 | 46.7 | -3.9% |
| Foreign Born % | 6.5% | 0% | +650.0% |
| Metric | Medicine Lake | Balaton | Difference |
|---|---|---|---|
| Median Income | $161,250 | $54,091 | +198.1% |
| Unemployment | 0% | 6.9% | -100.0% |
| Poverty Rate | 2.6% | 13.3% | -80.5% |
| Bachelor's+ | 71% | 18.1% | +292.3% |
| Metric | Medicine Lake | Balaton | Difference |
|---|---|---|---|
| Home Value | $1,014,500 | $85,000 | +1093.5% |
| Median Rent | $1025/mo | $1081/mo | -5.2% |
| Housing Units | 221 | 279 | -20.8% |