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Big Lake, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
12,367
Population
$120,549
Median Income
$330,200
Home Value
32.5
Median Age

Demographics

Big Lake has a population of 12,367 with a median age of 32.5. Here is the racial and ethnic breakdown of the population:

White
85.7%
Hispanic
7.1%
Black
4.3%
Asian
2.0%
Other
0.9%
Demographic Value
Total Population12,367
Median Age32.5
White85.7%
Black or African American4.3%
Asian2.0%
Hispanic or Latino7.1%
Other / Two or More Races0.9%
Big Lake, Minnesota — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 85.7%Hispanic/Latino: 7.1%Black: 4.3%Asian: 2.0%Other: 0.9%12,367PopulationWhiteWhite85.7%Hispanic/LatinoHispanic/Latino7.1%BlackBlack4.3%AsianAsian2.0%OtherOther0.9%

Income & Economy

The median household income in Big Lake is $120,549, which is 49.5% above the national median of $80,610. The per capita income is $42,522. The poverty rate is 5.6%.

$120,549
Median Household Income
$42,522
Per Capita Income
5.6%
Poverty Rate

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Education

In Big Lake, 94.9% of residents age 25+ have a high school diploma or higher, and 26.8% hold a bachelor's degree or higher (8.0% with a graduate or professional degree).

HS Diploma+
94.9%
Bachelor's+
26.8%
Graduate+
8.0%
Education Level % of Adults (25+)
High School Diploma or Higher94.9%
Bachelor's Degree or Higher26.8%
Graduate or Professional Degree8.0%

Housing

The median home value in Big Lake is $330,200, above the national median of $303,400. The median monthly rent is $1,340. The homeownership rate is 86.9%.

$330,200
Median Home Value
$1,340/mo
Median Rent
86.9%
Homeownership Rate
Housing Metric Value
Median Home Value$330,200
Median Monthly Rent$1,340
Homeownership Rate86.9%
Vacancy Rate3.0%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Big Lake, Minnesota?
The population of Big Lake, Minnesota is 12,367 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Big Lake, Minnesota?
The median household income in Big Lake, Minnesota is $120,549. This is 49.5% above the national median of $80,610.
What is the median home value in Big Lake, Minnesota?
The median home value in Big Lake, Minnesota is $330,200. The median monthly rent is $1,340.
What percentage of people in Big Lake have a college degree?
In Big Lake, Minnesota, 26.8% of adults age 25 and older hold a bachelor's degree or higher, and 94.9% have a high school diploma or higher.
Is Big Lake, Minnesota an affordable place to live?
The home price-to-income ratio in Big Lake, Minnesota is 2.7x (median home value $330,200 vs. median income $120,549), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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