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Ham 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
16,702
Population
$120,135
Median Income
$442,500
Home Value
43.8
Median Age

Demographics

Ham Lake has a population of 16,702 with a median age of 43.8. Here is the racial and ethnic breakdown of the population:

White
90.0%
Asian
4.4%
Other
2.9%
Hispanic
2.6%
Demographic Value
Total Population16,702
Median Age43.8
White90.0%
Black or African American0.1%
Asian4.4%
Hispanic or Latino2.6%
Other / Two or More Races2.9%
Ham Lake, Minnesota — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 90.0%Asian: 4.4%Other: 2.9%Hispanic/Latino: 2.6%Other: 0.1%16,702PopulationWhiteWhite90.0%AsianAsian4.4%OtherOther2.9%Hispanic/LatinoHispanic/Latino2.6%OtherOther0.1%

Income & Economy

The median household income in Ham Lake is $120,135, which is 49.0% above the national median of $80,610. The per capita income is $53,119. The poverty rate is 4.0%.

$120,135
Median Household Income
$53,119
Per Capita Income
4.0%
Poverty Rate

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Education

In Ham Lake, 95.2% of residents age 25+ have a high school diploma or higher, and 36.9% hold a bachelor's degree or higher (10.0% with a graduate or professional degree).

HS Diploma+
95.2%
Bachelor's+
36.9%
Graduate+
10.0%
Education Level % of Adults (25+)
High School Diploma or Higher95.2%
Bachelor's Degree or Higher36.9%
Graduate or Professional Degree10.0%

Housing

The median home value in Ham Lake is $442,500, above the national median of $303,400. The median monthly rent is $1,173. The homeownership rate is 93.7%.

$442,500
Median Home Value
$1,173/mo
Median Rent
93.7%
Homeownership Rate
Housing Metric Value
Median Home Value$442,500
Median Monthly Rent$1,173
Homeownership Rate93.7%
Vacancy Rate1.1%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Ham Lake, Minnesota?
The population of Ham Lake, Minnesota is 16,702 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ham Lake, Minnesota?
The median household income in Ham Lake, Minnesota is $120,135. This is 49.0% above the national median of $80,610.
What is the median home value in Ham Lake, Minnesota?
The median home value in Ham Lake, Minnesota is $442,500. The median monthly rent is $1,173.
What percentage of people in Ham Lake have a college degree?
In Ham Lake, Minnesota, 36.9% of adults age 25 and older hold a bachelor's degree or higher, and 95.2% have a high school diploma or higher.
Is Ham Lake, Minnesota an affordable place to live?
The home price-to-income ratio in Ham Lake, Minnesota is 3.7x (median home value $442,500 vs. median income $120,135), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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