Lake Park, Minnesota has a population of 780, with a median household income of $62,100.
Current housing data for Lake Park.
780
$62,100
3.60%
$175,000
12.40
200.00 Mbps
Lake Park 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, Lake Park provides insight into regional population trends, income levels, and housing conditions.
Lake Park has a population of 780, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Lake Park is $62,100, which is below the state average, indicating moderate economic conditions.
The average housing price in Lake Park is about $175,000, making it relatively affordable compared to many cities in Minnesota.
The unemployment rate in Lake Park is 3.60%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Lake Park are higher than the state average, which may be a factor for residents to consider.
Compared to other cities in Minnesota, Lake Park shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
Lake Park continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.
The population of Lake Park is approximately 780.
Lake Park offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Lake Park is around $62,100.
The average housing price in Lake Park is approximately $175,000.