Clear Lake, MN
Population 621 · Minnesota
About Clear Lake, MN
Clear Lake is a small community located in Minnesota with a population of 621 residents according to the latest US Census Bureau American Community Survey data. The median household income is $105,000 per year, which is 40% above the national median of $75,149. The median age of 32.2 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Clear Lake features a median home value of $255,800, which is 4% above the national median of $244,900. This positions Clear Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $864, 26% below the national average of $1,163/month. Of the 214 total housing units, 89% are owner-occupied (191 units) and 11% are renter-occupied (23 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Clear Lake shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Clear Lake have an average one-way commute time of 29.3 minutes.
Education & Demographics
23.1% of Clear Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Clear Lake, MN
Compared to national averages, Clear Lake has a median household income of $105,000 (40% above the national median of $75,149). Home values average $255,800, which is 4% above the national median. Monthly rent at $864 is 26% below the US average of $1,163. Within Minnesota, Clear Lake's income is 41% above the state average of $74,221, and home values are 25% above the state median of $204,472.
Why Live in Clear Lake, MN?
Clear Lake offers a strong local economy with a median household income of $105,000, well above the national average, and rent that’s lower than the national average at $864/month, and a low poverty rate of 2.7%, better than the national average.
Clear Lake has a population of 621 with a median age of 32.2 years. Compare Clear Lake with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Clear Lake
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| La Prairie | 621 | $75,192 | $202,300 | Compare |
| Minnesota Lake | 621 | $62,875 | $126,600 | Compare |
| Cleveland | 622 | $83,281 | $204,200 | Compare |
| Eagle Bend | 620 | $48,924 | $96,700 | Compare |
| Karlstad | 622 | $61,324 | $120,300 | Compare |
| Brownsville | 624 | $63,977 | $161,600 | Compare |
| Ellendale | 626 | $80,417 | $150,000 | Compare |
| Ivanhoe | 627 | $54,583 | $65,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Clear Lake With Other Cities
Frequently Asked Questions about Clear Lake
What is the population of Clear Lake, MN?
The population of Clear Lake, MN is 621 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Clear Lake?
The median household income in Clear Lake, MN is $105,000 per year, which is 40% above the national median of $75,149.
What is the median home value in Clear Lake?
The median home value in Clear Lake, MN is $255,800, which is 4% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Clear Lake?
The median monthly rent in Clear Lake, MN is $864, which is 26% below the national average of $1,163/month.
What is the unemployment rate in Clear Lake?
The unemployment rate in Clear Lake, MN is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Clear Lake, MN a good place to live?
Clear Lake offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 621 and a median age of 32.2, the city appeals to young professionals and families.
How educated is Clear Lake, MN?
23.1% of residents in Clear Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Clear Lake?
Key cost-of-living indicators for Clear Lake, MN: median home value is $255,800 (4% above national), median rent is $864/month, and median household income is $105,000. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Clear Lake?
The poverty rate in Clear Lake, MN is 2.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Clear Lake, MN?
Clear Lake's population is 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.