Finland

Population: 220
Median household income: $51,875
Median home value: $122,600

Located in Lake County, Minnesota, Finland is a community with a population of 220. At $51,875, its median household income sits below Lake County's $75,621.

From 2019 to 2023, Finland's population grew 22.9% from 179 to 220, while its median home value fell 14.4% from $143,200 to $122,600.

Owners occupy 72.9% of the area's occupied homes. The median resident is 54.9 years old.

Demographics

ACS 2019–2023

Population: 220
Median age: 54.9 yrs
Median household income: $51,875
Median home value: $122,600
Median gross rent: $699
Housing units: 177
Homeownership rate: 72.9%
Bachelor's degree or higher: 10.7%
Unemployment rate: 12.1%

Trends

ACS 5-year · 2019–2023

Population

179220

Median household income

$41,458$51,875

Median home value

$143,200$122,600

Median gross rent

$627$699

Year	Population	Median household income	Median home value	Median gross rent
2019	179	$41,458	$143,200	—
2020	208	$46,250	$120,700	$627
2021	166	$51,071	$119,900	$615
2022	177	$49,688	$122,200	$652
2023	220	$51,875	$122,600	$699

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

Age distribution

Under 50.0%

5 to 175.0%

18 to 241.8%

25 to 3413.2%

35 to 447.3%

45 to 5423.2%

55 to 6422.3%

65 to 7422.7%

75 and over4.5%

	Count	Share
Under 5	0	0.0%
5 to 17	11	5.0%
18 to 24	4	1.8%
25 to 34	29	13.2%
35 to 44	16	7.3%
45 to 54	51	23.2%
55 to 64	49	22.3%
65 to 74	50	22.7%
75 and over	10	4.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	212	96.4%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	8	3.6%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma10.7%

High school graduate48.8%

Some college or associate's29.8%

Bachelor's degree4.9%

Graduate or professional degree5.9%

	Count	Share
No high school diploma	22	10.7%
High school graduate	100	48.8%
Some college or associate's	61	29.8%
Bachelor's degree	10	4.9%
Graduate or professional degree	12	5.9%

Commute to work

Mean travel time to work: 26 min

Drove alone84.8%

Carpooled5.1%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home10.1%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	67	84.8%
Carpooled	4	5.1%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	8	10.1%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	7	9.9%
15 to 29 min	35	49.3%
30 to 44 min	17	23.9%
45 to 59 min	12	16.9%
60+ min	0	0.0%

Households

Average household size: 1.53
Poverty rate: 20.5% (45 of 220)

	Count	Share
Family households	64	44.4%
Nonfamily households	80	55.6%

Housing

Median year structure built: 1970

Occupancy

	Count	Share
Occupied	144	81.4%
Vacant	33	18.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	105	72.9%
Renter-occupied	39	27.1%

1-unit, detached84.7%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other15.3%

Units in structure

	Count	Share
1-unit, detached	150	84.7%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	27	15.3%

Geography

Place GEOID: 2721104
Type (LSAD): 57
Land area: 6.72 sq mi
Water area: 0.02 sq mi
Center point: 47.4321, -91.2560