Lilydale, MN
Population 752 · Minnesota
About Lilydale, MN
Lilydale is a small community located in Minnesota with a population of 752 residents according to the latest US Census Bureau American Community Survey data. The median household income is $93,393 per year, which is 24% above the national median of $75,149. The median age of 73.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lilydale features a median home value of $389,300, which is 59% above the national median of $244,900. This places Lilydale in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,359, 103% above the national average of $1,163/month. Of the 546 total housing units, 53% are owner-occupied (263 units) and 47% are renter-occupied (234 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lilydale shows an unemployment rate of 5.2%, which is near the national rate of 3.7%. The poverty rate stands at 3.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lilydale have an average one-way commute time of 20.4 minutes.
Education & Demographics
56.7% of Lilydale residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.8% White, 0.7% Hispanic or Latino, 0.5% Black or African American, and 1.1% Asian residents, with 6.0% of the population being foreign-born.
How Lilydale Ranks in Minnesota
Cost of Living in Lilydale, MN
Compared to national averages, Lilydale has a median household income of $93,393 (24% above the national median of $75,149). Home values average $389,300, which is 59% above the national median. Monthly rent at $2,359 is 103% above the US average of $1,163. Within Minnesota, Lilydale's income is 26% above the state average of $74,221, and home values are 90% above the state median of $204,472.
Why Live in Lilydale, MN?
Lilydale offers a strong local economy with a median household income of $93,393, well above the national average, and a well-educated community where 56.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.7%, better than the national average. Additionally, the city features short commute times averaging just 20.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $389,300. However, Lilydale’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lilydale has a population of 752 with a median age of 73.6 years. Compare Lilydale with other cities to see how it stacks up, or explore all cities in Minnesota.
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Demographics
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Economy & Education
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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 Lilydale
What is the population of Lilydale, MN?
The population of Lilydale, MN is 752 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 Lilydale?
The median household income in Lilydale, MN is $93,393 per year, which is 24% above the national median of $75,149.
What is the median home value in Lilydale?
The median home value in Lilydale, MN is $389,300, which is 59% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lilydale?
The median monthly rent in Lilydale, MN is $2,359, which is 103% above the national average of $1,163/month.
What is the unemployment rate in Lilydale?
The unemployment rate in Lilydale, MN is 5.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lilydale, MN a good place to live?
Lilydale offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 752 and a median age of 73.6, the city appeals to established professionals and retirees.
How educated is Lilydale, MN?
56.7% of residents in Lilydale aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lilydale?
Key cost-of-living indicators for Lilydale, MN: median home value is $389,300 (59% above national), median rent is $2,359/month, and median household income is $93,393. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Lilydale?
The poverty rate in Lilydale, MN is 3.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lilydale, MN?
Lilydale's population is 0.8% White, 0.7% Hispanic or Latino, 0.5% Black or African American, 1.1% Asian, and 1.3% two or more races. 6.0% of residents are foreign-born.