Twin Lakes, MN
Population 231 · Minnesota
About Twin Lakes, MN
Twin Lakes is a small community located in Minnesota with a population of 231 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,125 per year, which is 16% below the national median of $75,149. The median age of 36.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Twin Lakes features a median home value of $227,500, which is 7% below the national median of $244,900. This positions Twin Lakes in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 204 total housing units, 92% are owner-occupied (84 units) and 8% are renter-occupied (7 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Twin Lakes shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 32.6%, above the national average of 12.4%. Workers in Twin Lakes have an average one-way commute time of 27 minutes.
Education & Demographics
19.5% of Twin Lakes residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 4.8% White, 78.4% Hispanic or Latino, 0.9% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Twin Lakes, MN
Compared to national averages, Twin Lakes has a median household income of $63,125 (16% below the national median of $75,149). Home values average $227,500, which is 7% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Twin Lakes's income is 15% below the state average of $74,221, and home values are 11% above the state median of $204,472.
Why Live in Twin Lakes, MN?
Twin Lakes offers affordable housing with a median home value of $227,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($63,125) that falls below the national average. However, Twin Lakes’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Twin Lakes has a population of 231 with a median age of 36.3 years. Compare Twin Lakes with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Twin Lakes
Cities in Minnesota with a similar population size.
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 Twin Lakes
What is the population of Twin Lakes, MN?
The population of Twin Lakes, MN is 231 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 Twin Lakes?
The median household income in Twin Lakes, MN is $63,125 per year, which is 16% below the national median of $75,149.
What is the median home value in Twin Lakes?
The median home value in Twin Lakes, MN is $227,500, which is 7% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Twin Lakes?
The median monthly rent in Twin Lakes, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Twin Lakes?
The unemployment rate in Twin Lakes, MN is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Twin Lakes, MN a good place to live?
Twin Lakes offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 231 and a median age of 36.3, the city appeals to a broad range of residents.
How educated is Twin Lakes, MN?
19.5% of residents in Twin Lakes aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Twin Lakes?
Key cost-of-living indicators for Twin Lakes, MN: median home value is $227,500 (7% below national), median rent is $0/month, and median household income is $63,125. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Twin Lakes?
The poverty rate in Twin Lakes, MN is 32.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Twin Lakes, MN?
Twin Lakes's population is 4.8% White, 78.4% Hispanic or Latino, 0.9% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.