Lanesboro vs Preston

A side-by-side comparison of Lanesboro and Preston: population, income, housing, and more.

Lanesboro and Preston are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Preston has the higher population (1,315 vs 804 in Lanesboro). Lanesboro has the higher median household income ($80,000 vs $60,438 in Preston). Lanesboro has the higher median home value ($186,900 vs $169,600 in Preston).

Population, income & housing

	Lanesboro	Preston
Population	804	1,315
Median age	47.1 yrs	41.3 yrs
Median household income	$80,000	$60,438
Median home value	$186,900	$169,600
Median gross rent	$532	$649
Housing units	467	622
Homeownership rate	71.7%	72.9%
Bachelor's degree or higher	43.2%	27.6%
Unemployment rate	1.5%	3.5%

Trends (ACS 5-year, 2019–2023)

	Lanesboro	Preston
Population	673 → 804 (+19.5%)	1,408 → 1,315 (-6.6%)
Median household income	$57,500 → $80,000 (+39.1%)	$49,750 → $60,438 (+21.5%)
Median home value	$140,100 → $186,900 (+33.4%)	$117,100 → $169,600 (+44.8%)
Median gross rent	$525 → $532 (+1.3%)	$544 → $649 (+19.3%)

Lanesboro

Population

673804

Median household income

$57,500$80,000

Median home value

$140,100$186,900

Median gross rent

$525$532

Preston

Population

1,4081,315

Median household income

$49,750$60,438

Median home value

$117,100$169,600

Median gross rent

$544$649

Age & race/ethnicity

Age distribution (share)

	Lanesboro	Preston
Under 5	2.6%	5.9%
5 to 17	19.0%	15.4%
18 to 24	5.2%	7.5%
25 to 34	10.8%	12.2%
35 to 44	8.8%	12.4%
45 to 54	13.2%	9.0%
55 to 64	11.8%	15.6%
65 to 74	17.3%	12.4%
75 and over	11.2%	9.5%

Race & ethnicity (share)

	Lanesboro	Preston
White (non-Hispanic)	96.0%	96.6%
Black or African American	0.0%	0.7%
American Indian & Alaska Native	0.0%	0.2%
Asian	0.0%	0.3%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	2.7%	0.8%
Hispanic or Latino	1.2%	1.4%

Educational attainment (age 25+)

Share of adults 25+

	Lanesboro	Preston
No high school diploma	3.6%	2.6%
High school graduate	17.0%	33.8%
Some college or associate's	36.2%	36.0%
Bachelor's degree	25.0%	19.1%
Graduate or professional degree	18.2%	8.4%

Commute to work

How workers get to work (share)

	Lanesboro	Preston
Drove alone	68.5%	77.5%
Carpooled	7.4%	2.5%
Public transit	3.1%	1.1%
Walked	14.4%	5.8%
Bicycle	0.0%	0.0%
Worked from home	6.7%	11.9%
Other means	0.0%	1.2%

Housing

Units in structure (share)

	Lanesboro	Preston
1-unit, detached	73.9%	66.4%
1-unit, attached	1.1%	2.6%
2 to 4 units	6.6%	4.0%
5 to 19 units	16.1%	18.8%
20 or more units	1.9%	3.5%
Mobile home & other	0.4%	4.7%

Poverty & households

	Lanesboro	Preston
Poverty rate	8.8%	13.5%
Average household size	2.18	2.23
Mean commute (minutes)	22	22
Median year structure built	1940	1962