Minnesota Lake, MN
687Residents
$68,750Median household income
$1,015/moMedian gross rent
$158,100Median home value
41.2Median age
21%Adults with a bachelor’s degree or higher
77%Homes lived in by their owners
2.3×Home value to household income
Median rent takes about 18% of the median household income in Minnesota Lake.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $41,000 a year. In Minnesota that leaves roughly $2,695 a month after tax. See the full paycheck breakdown for $40,000.
Largest places in Minnesota
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.