Laketown township, Minnesota Housing

Laketown township, Minnesota has a population of 2,240, with a median household income of $142,500.

Current housing data for Laketown township.

$685,000

👥

Population

2,240

💰

Median Income

$142,500

📉

Unemployment

2.20%

🏠

Housing Price

$685,000

🚨

Crime Rate

6.10

🌐

Internet Speed

500.00 Mbps

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

Population Overview

Laketown township has a population of 2,240, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Laketown township is $142,500, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Laketown township average around $685,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Laketown township is 2.20%, which is lower than the state average, indicating a relatively strong job market. Laketown 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, Laketown township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

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

Frequently Asked Questions about Laketown township

What is the population of Laketown township?

The population of Laketown township is approximately 2,240.

Is Laketown township a good place to live?

Laketown 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 Laketown township?

The median household income in Laketown township is around $142,500.

How expensive is housing in Laketown township?

The average housing price in Laketown township is approximately $685,000.