Round Lake, Minnesota Unemployment

Round Lake, Minnesota has a population of 370, with a median household income of $52,400.

Current unemployment data for Round Lake.

4.10%

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Population

370

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Median Income

$52,400

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Unemployment

4.10%

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Housing Price

$155,000

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Crime Rate

4.80

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Internet Speed

200.00 Mbps

Round 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, Round Lake provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Round Lake has a population of 370, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Round Lake is $52,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Round Lake is about $155,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Round Lake is 4.10%, slightly above the state average, suggesting moderate employment conditions. Round Lake has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

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

Frequently Asked Questions about Round Lake

What is the population of Round Lake?

The population of Round Lake is approximately 370.

Is Round Lake a good place to live?

Round 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 Round Lake?

The median household income in Round Lake is around $52,400.

How expensive is housing in Round Lake?

The average housing price in Round Lake is approximately $155,000.