Detroit Lakes, Minnesota Median Income

Detroit Lakes, Minnesota has a population of 9,850, with a median household income of $58,400.

Current median income data for Detroit Lakes.

$58,400

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Population

9,850

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Median Income

$58,400

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Unemployment

4.40%

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Housing Price

$275,000

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Crime Rate

32.80

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Internet Speed

1000.00 Mbps

Detroit Lakes is a small local community located in Minnesota. The city has a population that is above 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, Detroit Lakes provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Detroit Lakes has a population of 9,850, which is higher than the state average. This indicates a relatively larger urban presence within Minnesota.

Income and Economy

The median household income in Detroit Lakes is $58,400, which is below the state average, indicating moderate economic conditions.

Housing Market

Housing prices in Detroit Lakes average around $275,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Detroit Lakes is 4.40%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Detroit Lakes are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

Overall, Detroit Lakes offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Detroit Lakes

What is the population of Detroit Lakes?

The population of Detroit Lakes is approximately 9,850.

Is Detroit Lakes a good place to live?

Detroit Lakes 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 Detroit Lakes?

The median household income in Detroit Lakes is around $58,400.

How expensive is housing in Detroit Lakes?

The average housing price in Detroit Lakes is approximately $275,000.