Clear Lake, Minnesota Median Income

Clear Lake, Minnesota has a population of 625, with a median household income of $68,400.

Current median income data for Clear Lake.

$68,400

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Population

625

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Median Income

$68,400

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Unemployment

3.90%

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Housing Price

$245,000

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Crime Rate

14.80

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Internet Speed

100.00 Mbps

Clear Lake is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Minnesota, Clear Lake provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Clear Lake has a population of 625, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Clear Lake is $68,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Clear Lake average around $245,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Clear Lake is 3.90%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Clear Lake are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Clear Lake shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Clear Lake continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Clear Lake

What is the population of Clear Lake?

The population of Clear Lake is approximately 625.

Is Clear Lake a good place to live?

Clear Lake offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Clear Lake?

The median household income in Clear Lake is around $68,400.

How expensive is housing in Clear Lake?

The average housing price in Clear Lake is approximately $245,000.