Indian Lake township, Minnesota Median Income

Indian Lake township, Minnesota has a population of 255, with a median household income of $68,400.

Current median income data for Indian Lake township.

$68,400

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Population

255

💰

Median Income

$68,400

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Unemployment

3.20%

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Housing Price

$235,000

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Crime Rate

4.40

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Internet Speed

50.00 Mbps

Indian Lake township 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.

Indian Lake township is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Indian Lake township has a population of 255, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

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

Housing Market

Housing prices in Indian Lake township average around $235,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Indian Lake township is 3.20%, which is lower than the state average, indicating a relatively strong job market. Indian Lake township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

As part of Minnesota, Indian Lake township contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Indian Lake township

What is the population of Indian Lake township?

The population of Indian Lake township is approximately 255.

Is Indian Lake township a good place to live?

Indian Lake township 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 Indian Lake township?

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

How expensive is housing in Indian Lake township?

The average housing price in Indian Lake township is approximately $235,000.