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Lake Lillian, 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
157
Population
$60,250
Median Income
$114,200
Home Value
54.7
Median Age

Demographics

Lake Lillian has a population of 157 with a median age of 54.7. Here is the racial and ethnic breakdown of the population:

White
95.5%
Hispanic
4.5%
Demographic Value
Total Population157
Median Age54.7
White95.5%
Hispanic or Latino4.5%
Lake Lillian, Minnesota — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 95.5%Hispanic/Latino: 4.5%157PopulationWhiteWhite95.5%Hispanic/LatinoHispanic/Latino4.5%

Income & Economy

The median household income in Lake Lillian is $60,250, which is 25.3% below the national median of $80,610. The per capita income is $37,596. The poverty rate is 5.9%.

$60,250
Median Household Income
$37,596
Per Capita Income
5.9%
Poverty Rate

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Education

In Lake Lillian, 94.8% of residents age 25+ have a high school diploma or higher, and 9.6% hold a bachelor's degree or higher (4.4% with a graduate or professional degree).

HS Diploma+
94.8%
Bachelor's+
9.6%
Graduate+
4.4%
Education Level % of Adults (25+)
High School Diploma or Higher94.8%
Bachelor's Degree or Higher9.6%
Graduate or Professional Degree4.4%

Housing

The median home value in Lake Lillian is $114,200, below the national median of $303,400. The median monthly rent is $700. The homeownership rate is 84.3%.

$114,200
Median Home Value
$700/mo
Median Rent
84.3%
Homeownership Rate
Housing Metric Value
Median Home Value$114,200
Median Monthly Rent$700
Homeownership Rate84.3%
Vacancy Rate14.4%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Lake Lillian, Minnesota?
The population of Lake Lillian, Minnesota is 157 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Lillian, Minnesota?
The median household income in Lake Lillian, Minnesota is $60,250. This is 25.3% below the national median of $80,610.
What is the median home value in Lake Lillian, Minnesota?
The median home value in Lake Lillian, Minnesota is $114,200. The median monthly rent is $700.
What percentage of people in Lake Lillian have a college degree?
In Lake Lillian, Minnesota, 9.6% of adults age 25 and older hold a bachelor's degree or higher, and 94.8% have a high school diploma or higher.
Is Lake Lillian, Minnesota an affordable place to live?
The home price-to-income ratio in Lake Lillian, Minnesota is 1.9x (median home value $114,200 vs. median income $60,250), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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