Ham Lake, MN
Population 16,575 · Minnesota
About Ham Lake, MN
Ham Lake is a mid-sized city in Minnesota with a population of 16,575 residents. The median household income is $116,845 per year, which is above the national average. The median age in Ham Lake is 42.8 years.
Housing in Ham Lake has a median home value of $430,100 and median monthly rent of $1,319. Of the 6,024 total housing units, the majority are owner-occupied, with 5,647 owner-occupied and 285 renter-occupied units.
The unemployment rate in Ham Lake is 2.6% and the poverty rate is 4.1%. 35.9% of residents hold a bachelor's degree or higher. The average commute time is 29.7 minutes.
Cost of Living in Ham Lake, MN
Compared to national averages, Ham Lake has a median household income of $116,845 (55% above the national median of $75,149). Home values average $430,100, which is 76% above the national median. Monthly rent at $1,319 is 13% above the US average of $1,163. Within Minnesota, Ham Lake's income is 57% above the state average of $74,221, and home values are 110% above the state median of $204,472.
Why Live in Ham Lake, MN?
Ham Lake offers a strong local economy with a median household income of $116,845, well above the national average, and a strong job market with an unemployment rate of just 2.6%, and a well-educated community where 35.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $430,100. However, Ham Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ham Lake has a population of 16,575 with a median age of 42.8 years. Compare Ham Lake with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Ham Lake
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Red Wing | 16,660 | $65,259 | $224,800 | Compare |
| Buffalo | 16,388 | $88,306 | $281,900 | Compare |
| Hibbing | 16,100 | $55,463 | $123,900 | Compare |
| Hugo | 16,076 | $114,057 | $394,200 | Compare |
| Bemidji | 15,490 | $53,850 | $189,500 | Compare |
| Anoka | 17,941 | $75,262 | $292,900 | Compare |
| Albert Lea | 18,379 | $62,522 | $150,400 | Compare |
| Hutchinson | 14,629 | $71,730 | $210,300 | 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 Ham Lake With Other Cities
Frequently Asked Questions about Ham Lake
What is the population of Ham Lake, MN?
The population of Ham Lake, MN is 16,575 according to the latest Census data.
What is the median household income in Ham Lake?
The median household income in Ham Lake, MN is $116,845 per year.
What is the median home value in Ham Lake?
The median home value in Ham Lake, MN is $430,100.
What is the average rent in Ham Lake?
The median monthly rent in Ham Lake, MN is $1,319.
What is the unemployment rate in Ham Lake?
The unemployment rate in Ham Lake, MN is 2.6%.