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Mountain 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
2,070
Population
$66,490
Median Income
$143,100
Home Value
31.5
Median Age

Demographics

Mountain Lake has a population of 2,070 with a median age of 31.5. Here is the racial and ethnic breakdown of the population:

White
68.2%
Hispanic
19.0%
Asian
9.0%
Other
3.8%
Demographic Value
Total Population2,070
Median Age31.5
White68.2%
Asian9.0%
Hispanic or Latino19.0%
Other / Two or More Races3.8%
Mountain Lake, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 68.2%Hispanic/Latino: 19.0%Asian: 9.0%Other: 3.8%2,070PopulationWhiteWhite68.2%Hispanic/LatinoHispanic/Latino19.0%AsianAsian9.0%OtherOther3.8%

Income & Economy

The median household income in Mountain Lake is $66,490, which is 17.5% below the national median of $80,610. The per capita income is $29,243. The poverty rate is 14.3%.

$66,490
Median Household Income
$29,243
Per Capita Income
14.3%
Poverty Rate

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Education

In Mountain Lake, 92.4% of residents age 25+ have a high school diploma or higher, and 21.3% hold a bachelor's degree or higher (4.5% with a graduate or professional degree).

HS Diploma+
92.4%
Bachelor's+
21.3%
Graduate+
4.5%
Education Level % of Adults (25+)
High School Diploma or Higher92.4%
Bachelor's Degree or Higher21.3%
Graduate or Professional Degree4.5%

Housing

The median home value in Mountain Lake is $143,100, below the national median of $303,400. The median monthly rent is $929. The homeownership rate is 72.1%.

$143,100
Median Home Value
$929/mo
Median Rent
72.1%
Homeownership Rate
Housing Metric Value
Median Home Value$143,100
Median Monthly Rent$929
Homeownership Rate72.1%
Vacancy Rate2.6%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Mountain Lake, Minnesota?
The population of Mountain Lake, Minnesota is 2,070 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Mountain Lake, Minnesota?
The median household income in Mountain Lake, Minnesota is $66,490. This is 17.5% below the national median of $80,610.
What is the median home value in Mountain Lake, Minnesota?
The median home value in Mountain Lake, Minnesota is $143,100. The median monthly rent is $929.
What percentage of people in Mountain Lake have a college degree?
In Mountain Lake, Minnesota, 21.3% of adults age 25 and older hold a bachelor's degree or higher, and 92.4% have a high school diploma or higher.
Is Mountain Lake, Minnesota an affordable place to live?
The home price-to-income ratio in Mountain Lake, Minnesota is 2.2x (median home value $143,100 vs. median income $66,490), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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