Fifty Lakes, MN
Population 463 · Minnesota
About Fifty Lakes, MN
Fifty Lakes is a small community in Minnesota with a population of 463 residents. The median household income is $79,773 per year, which is above the national average. The median age in Fifty Lakes is 65.1 years.
Housing in Fifty Lakes has a median home value of $401,000 and median monthly rent of $0. Of the 612 total housing units, the majority are owner-occupied, with 217 owner-occupied and 15 renter-occupied units.
The unemployment rate in Fifty Lakes is 2.8% and the poverty rate is 8.6%. 37.4% of residents hold a bachelor's degree or higher. The average commute time is 22.9 minutes.
Cost of Living in Fifty Lakes, MN
Compared to national averages, Fifty Lakes has a median household income of $79,773 (6% above the national median of $75,149). Home values average $401,000, which is 64% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Fifty Lakes's income is 7% above the state average of $74,221, and home values are 96% above the state median of $204,472.
Why Live in Fifty Lakes, MN?
Fifty Lakes offers a strong local economy with a median household income of $79,773, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.8%. Additionally, the city features a well-educated community where 37.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.6%, better than the national average, and short commute times averaging just 22.9 minutes.
Potential considerations include a competitive housing market where the typical home costs $401,000. However, Fifty Lakes’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fifty Lakes has a population of 463 with a median age of 65.1 years. Compare Fifty Lakes with other cities to see how it stacks up, or explore all cities in Minnesota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Fifty Lakes
What is the population of Fifty Lakes, MN?
The population of Fifty Lakes, MN is 463 according to the latest Census data.
What is the median household income in Fifty Lakes?
The median household income in Fifty Lakes, MN is $79,773 per year.
What is the median home value in Fifty Lakes?
The median home value in Fifty Lakes, MN is $401,000.
What is the average rent in Fifty Lakes?
The median monthly rent in Fifty Lakes, MN is $0.
What is the unemployment rate in Fifty Lakes?
The unemployment rate in Fifty Lakes, MN is 2.8%.