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Lakeland Shores, 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
344
Population
$134,375
Median Income
$455,400
Home Value
39.4
Median Age

Demographics

Lakeland Shores has a population of 344 with a median age of 39.4. Here is the racial and ethnic breakdown of the population:

White
94.2%
Other
3.7%
Hispanic
1.5%
Asian
0.6%
Demographic Value
Total Population344
Median Age39.4
White94.2%
Asian0.6%
Hispanic or Latino1.5%
Other / Two or More Races3.7%
Lakeland Shores, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 94.2%Other: 3.7%Other: 2.1%344PopulationWhiteWhite94.2%OtherOther3.7%OtherOther2.1%

Income & Economy

The median household income in Lakeland Shores is $134,375, which is 66.7% above the national median of $80,610. The per capita income is $56,372. The poverty rate is 2.6%.

$134,375
Median Household Income
$56,372
Per Capita Income
2.6%
Poverty Rate

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Education

In Lakeland Shores, 97.4% of residents age 25+ have a high school diploma or higher, and 34.2% hold a bachelor's degree or higher (12.6% with a graduate or professional degree).

HS Diploma+
97.4%
Bachelor's+
34.2%
Graduate+
12.6%
Education Level % of Adults (25+)
High School Diploma or Higher97.4%
Bachelor's Degree or Higher34.2%
Graduate or Professional Degree12.6%

Housing

The median home value in Lakeland Shores is $455,400, above the national median of $303,400. The median monthly rent is $1,375. The homeownership rate is 93.3%.

$455,400
Median Home Value
$1,375/mo
Median Rent
93.3%
Homeownership Rate
Housing Metric Value
Median Home Value$455,400
Median Monthly Rent$1,375
Homeownership Rate93.3%
Vacancy Rate0.8%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Lakeland Shores, Minnesota?
The population of Lakeland Shores, Minnesota is 344 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lakeland Shores, Minnesota?
The median household income in Lakeland Shores, Minnesota is $134,375. This is 66.7% above the national median of $80,610.
What is the median home value in Lakeland Shores, Minnesota?
The median home value in Lakeland Shores, Minnesota is $455,400. The median monthly rent is $1,375.
What percentage of people in Lakeland Shores have a college degree?
In Lakeland Shores, Minnesota, 34.2% of adults age 25 and older hold a bachelor's degree or higher, and 97.4% have a high school diploma or higher.
Is Lakeland Shores, Minnesota an affordable place to live?
The home price-to-income ratio in Lakeland Shores, Minnesota is 3.4x (median home value $455,400 vs. median income $134,375), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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