Mountain Lake, MN
Population 1,833 · Minnesota
About Mountain Lake, MN
Mountain Lake is a small community in Minnesota with a population of 1,833 residents. The median household income is $59,115 per year, which is near the national average. The median age in Mountain Lake is 33.8 years.
Housing in Mountain Lake has a median home value of $118,900 and median monthly rent of $833. Of the 758 total housing units, the majority are owner-occupied, with 524 owner-occupied and 189 renter-occupied units.
The unemployment rate in Mountain Lake is 4.9% and the poverty rate is 17.4%. 21.9% of residents hold a bachelor's degree or higher. The average commute time is 13.1 minutes.
Cost of Living in Mountain Lake, MN
Compared to national averages, Mountain Lake has a median household income of $59,115 (21% below the national median of $75,149). Home values average $118,900, which is 51% below the national median. Monthly rent at $833 is 28% below the US average of $1,163. Within Minnesota, Mountain Lake's income is 20% below the state average of $74,221, and home values are 42% below the state median of $204,472.
Why Live in Mountain Lake, MN?
Mountain Lake offers affordable housing with a median home value of $118,900, below the US average of $244,900, and rent that’s lower than the national average at $833/month, and short commute times averaging just 13.1 minutes.
Potential considerations include median household income ($59,115) that falls below the national average. However, Mountain Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mountain Lake has a population of 1,833 with a median age of 33.8 years. Compare Mountain Lake with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Mountain Lake
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ada | 1,834 | $67,857 | $140,500 | Compare |
| Lester Prairie | 1,848 | $87,188 | $217,000 | Compare |
| Kenyon | 1,811 | $74,643 | $184,500 | Compare |
| Howard Lake | 1,864 | $99,464 | $239,100 | Compare |
| Spring Park | 1,869 | $46,860 | $598,400 | Compare |
| Tracy | 1,869 | $60,682 | $110,900 | Compare |
| Rushford | 1,790 | $73,321 | $203,200 | Compare |
| Silver Bay | 1,790 | $70,870 | $150,700 | 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 Mountain Lake With Other Cities
Frequently Asked Questions about Mountain Lake
What is the population of Mountain Lake, MN?
The population of Mountain Lake, MN is 1,833 according to the latest Census data.
What is the median household income in Mountain Lake?
The median household income in Mountain Lake, MN is $59,115 per year.
What is the median home value in Mountain Lake?
The median home value in Mountain Lake, MN is $118,900.
What is the average rent in Mountain Lake?
The median monthly rent in Mountain Lake, MN is $833.
What is the unemployment rate in Mountain Lake?
The unemployment rate in Mountain Lake, MN is 4.9%.