Shafer vs Minnesota Lake
Side-by-side comparison
How does Shafer, MN compare to Minnesota Lake, MN? Shafer has a population of 1,151 with a median household income of $96,042, 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 | Shafer, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 1,151 | 621 | +85.3% |
| Median Age | 35.5 | 45.5 | -22.0% |
| Foreign Born % | 1.7% | 0% | +170.0% |
| Metric | Shafer | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $96,042 | $62,875 | +52.8% |
| Unemployment | 3.5% | 3.9% | -10.3% |
| Poverty Rate | 7.1% | 12.1% | -41.3% |
| Bachelor's+ | 16% | 18.7% | -14.4% |
| Metric | Shafer | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $225,700 | $126,600 | +78.3% |
| Median Rent | $954/mo | $950/mo | +0.4% |
| Housing Units | 435 | 312 | +39.4% |