Lake Park

Population: 573
Median household income: $63,250
Median home value: $160,900

Lake Park is a community in Becker County, Minnesota, home to 573 residents. Its median household income of $63,250 runs below the Becker County figure of $71,117.

From 2019 to 2023, Lake Park's population declined 21.7% from 732 to 573, while its median home value rose 75.5% from $91,700 to $160,900.

Owners occupy 84.0% of the area's occupied homes. The median resident is 36.8 years old.

Demographics

ACS 2019–2023

Population: 573
Median age: 36.8 yrs
Median household income: $63,250
Median home value: $160,900
Median gross rent: $717
Housing units: 251
Homeownership rate: 84.0%
Bachelor's degree or higher: 25.8%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

732573

Median household income

$44,883$63,250

Median home value

$91,700$160,900

Median gross rent

$645$717

Year	Population	Median household income	Median home value	Median gross rent
2019	732	$44,883	$91,700	$645
2020	631	$46,500	$101,900	$663
2021	654	$53,875	$108,900	$706
2022	602	$63,125	$132,700	$717
2023	573	$63,250	$160,900	$717

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.9%

5 to 1722.9%

18 to 242.3%

25 to 3414.8%

35 to 4416.2%

45 to 549.1%

55 to 6416.8%

65 to 747.9%

75 and over4.2%

	Count	Share
Under 5	34	5.9%
5 to 17	131	22.9%
18 to 24	13	2.3%
25 to 34	85	14.8%
35 to 44	93	16.2%
45 to 54	52	9.1%
55 to 64	96	16.8%
65 to 74	45	7.9%
75 and over	24	4.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	512	89.4%
Black or African American	0	0.0%
American Indian & Alaska Native	12	2.1%
Asian	40	7.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	9	1.6%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma4.1%

High school graduate31.6%

Some college or associate's38.5%

Bachelor's degree19.0%

Graduate or professional degree6.8%

	Count	Share
No high school diploma	16	4.1%
High school graduate	125	31.6%
Some college or associate's	152	38.5%
Bachelor's degree	75	19.0%
Graduate or professional degree	27	6.8%

Commute to work

Mean travel time to work: 25 min

Drove alone79.7%

Carpooled15.7%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home2.3%

Other means2.3%

How workers get to work

	Count	Share
Drove alone	244	79.7%
Carpooled	48	15.7%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	7	2.3%
Other means	7	2.3%

Travel time

	Count	Share
Under 15 min	79	26.4%
15 to 29 min	75	25.1%
30 to 44 min	103	34.4%
45 to 59 min	40	13.4%
60+ min	2	0.7%

Households

Average household size: 2.48
Poverty rate: 8.0% (45 of 561)

	Count	Share
Family households	135	58.4%
Nonfamily households	96	41.6%

Housing

Median year structure built: 1966

Occupancy

	Count	Share
Occupied	231	92.0%
Vacant	20	8.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	194	84.0%
Renter-occupied	37	16.0%

1-unit, detached72.1%

1-unit, attached6.0%

2 to 4 units2.0%

5 to 19 units10.4%

20 or more units0.0%

Mobile home & other9.6%

Units in structure

	Count	Share
1-unit, detached	181	72.1%
1-unit, attached	15	6.0%
2 to 4 units	5	2.0%
5 to 19 units	26	10.4%
20 or more units	0	0.0%
Mobile home & other	24	9.6%

Geography

Place GEOID: 2734784
Type (LSAD): 25
Land area: 0.98 sq mi
Water area: 0 sq mi
Center point: 46.8837, -96.0980