Heron Lake, MN
Population 591 · Minnesota
About Heron Lake, MN
Heron Lake is a small community in Minnesota with a population of 591 residents. The median household income is $66,607 per year, which is near the national average. The median age in Heron Lake is 40.4 years.
Housing in Heron Lake has a median home value of $86,200 and median monthly rent of $681. Of the 295 total housing units, the majority are owner-occupied, with 226 owner-occupied and 39 renter-occupied units.
The unemployment rate in Heron Lake is 0.0% and the poverty rate is 8.0%. 19.9% of residents hold a bachelor's degree or higher. The average commute time is 18.5 minutes.
Cost of Living in Heron Lake, MN
Compared to national averages, Heron Lake has a median household income of $66,607 (11% below the national median of $75,149). Home values average $86,200, which is 65% below the national median. Monthly rent at $681 is 41% below the US average of $1,163. Within Minnesota, Heron Lake's income is 10% below the state average of $74,221, and home values are 58% below the state median of $204,472.
Why Live in Heron Lake, MN?
Heron Lake offers affordable housing with a median home value of $86,200, below the US average of $244,900, and rent that’s lower than the national average at $681/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 8.0%, better than the national average, and short commute times averaging just 18.5 minutes.
Potential considerations include median household income ($66,607) that falls below the national average. However, Heron Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Heron Lake has a population of 591 with a median age of 40.4 years. Compare Heron Lake with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Heron Lake
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rollingstone | 590 | $86,500 | $217,400 | Compare |
| Halstad | 589 | $67,857 | $114,800 | Compare |
| Motley | 593 | $43,281 | $128,300 | Compare |
| Marble | 588 | $54,688 | $102,700 | Compare |
| Sunfish Lake | 594 | $250,001 | $1,109,000 | Compare |
| Glenville | 596 | $53,750 | $119,400 | Compare |
| Graceville | 586 | $51,667 | $101,700 | Compare |
| Wabasso | 598 | $63,900 | $105,100 | 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.
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Frequently Asked Questions about Heron Lake
What is the population of Heron Lake, MN?
The population of Heron Lake, MN is 591 according to the latest Census data.
What is the median household income in Heron Lake?
The median household income in Heron Lake, MN is $66,607 per year.
What is the median home value in Heron Lake?
The median home value in Heron Lake, MN is $86,200.
What is the average rent in Heron Lake?
The median monthly rent in Heron Lake, MN is $681.
What is the unemployment rate in Heron Lake?
The unemployment rate in Heron Lake, MN is 0.0%.