Balaton vs Ghent

A side-by-side comparison of Balaton and Ghent: population, income, housing, and more.

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

Balaton has the higher population (544 vs 455 in Ghent). Ghent has the higher median household income ($72,500 vs $54,091 in Balaton). Ghent has the higher median home value ($154,700 vs $85,000 in Balaton).

Population, income & housing

	Balaton	Ghent
Population	544	455
Median age	46.7 yrs	34.3 yrs
Median household income	$54,091	$72,500
Median home value	$85,000	$154,700
Median gross rent	$1,081	$941
Housing units	279	184
Homeownership rate	76.2%	84.7%
Bachelor's degree or higher	18.1%	26.8%
Unemployment rate	6.9%	0.0%

Trends (ACS 5-year, 2019–2023)

	Balaton	Ghent
Population	600 → 544 (-9.3%)	407 → 455 (+11.8%)
Median household income	$50,313 → $54,091 (+7.5%)	$60,000 → $72,500 (+20.8%)
Median home value	$72,500 → $85,000 (+17.2%)	$126,100 → $154,700 (+22.7%)
Median gross rent	$573 → $1,081 (+88.7%)	$613 → $941 (+53.5%)

Balaton

Population

600544

Median household income

$50,313$54,091

Median home value

$72,500$85,000

Median gross rent

$573$1,081

Ghent

Population

407455

Median household income

$60,000$72,500

Median home value

$126,100$154,700

Median gross rent

$613$941

Age & race/ethnicity

Age distribution (share)

	Balaton	Ghent
Under 5	6.8%	5.7%
5 to 17	14.7%	20.0%
18 to 24	3.5%	13.6%
25 to 34	18.4%	11.6%
35 to 44	4.8%	14.1%
45 to 54	13.2%	12.7%
55 to 64	14.0%	7.7%
65 to 74	13.2%	11.4%
75 and over	11.4%	3.1%

Race & ethnicity (share)

	Balaton	Ghent
White (non-Hispanic)	93.4%	84.4%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	6.1%	1.3%
Hispanic or Latino	0.6%	14.3%

Educational attainment (age 25+)

Share of adults 25+

	Balaton	Ghent
No high school diploma	1.7%	7.6%
High school graduate	36.8%	35.5%
Some college or associate's	43.4%	30.1%
Bachelor's degree	15.0%	21.0%
Graduate or professional degree	3.2%	5.8%

Commute to work

How workers get to work (share)

	Balaton	Ghent
Drove alone	78.9%	74.8%
Carpooled	12.2%	6.6%
Public transit	0.0%	0.0%
Walked	0.8%	7.1%
Bicycle	0.0%	0.0%
Worked from home	8.1%	11.5%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Balaton	Ghent
1-unit, detached	93.9%	87.0%
1-unit, attached	0.0%	0.0%
2 to 4 units	0.7%	0.0%
5 to 19 units	1.1%	12.5%
20 or more units	4.3%	0.0%
Mobile home & other	0.0%	0.5%

Poverty & households

	Balaton	Ghent
Poverty rate	13.3%	7.0%
Average household size	2.06	2.68
Mean commute (minutes)	25	15
Median year structure built	1950	1976