Lake Benton

Population: 698
Median household income: $52,000
Median home value: $91,900

Located in Lincoln County, Minnesota, Lake Benton is a community with a population of 698. At $52,000, its median household income sits below Lincoln County's $67,715.

From 2019 to 2023, Lake Benton's population grew 4.5% from 668 to 698, while its median home value rose 6.0% from $86,700 to $91,900.

The typical home was built around 1961. 13.3% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 698
Median age: 45.1 yrs
Median household income: $52,000
Median home value: $91,900
Median gross rent: $550
Housing units: 401
Homeownership rate: 77.4%
Bachelor's degree or higher: 21.7%
Unemployment rate: 3.3%

Trends

ACS 5-year · 2019–2023

Population

668698

Median household income

$41,250$52,000

Median home value

$86,700$91,900

Median gross rent

$475$550

Year	Population	Median household income	Median home value	Median gross rent
2019	668	$41,250	$86,700	$475
2020	638	$46,538	$87,100	$513
2021	673	$52,750	$86,000	$465
2022	658	$45,500	$93,800	$475
2023	698	$52,000	$91,900	$550

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

Age distribution

Under 55.2%

5 to 1714.9%

18 to 249.9%

25 to 3410.6%

35 to 449.2%

45 to 5415.9%

55 to 648.9%

65 to 7410.9%

75 and over14.6%

	Count	Share
Under 5	36	5.2%
5 to 17	104	14.9%
18 to 24	69	9.9%
25 to 34	74	10.6%
35 to 44	64	9.2%
45 to 54	111	15.9%
55 to 64	62	8.9%
65 to 74	76	10.9%
75 and over	102	14.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	622	89.1%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	13	1.9%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	25	3.6%
Hispanic or Latino (any race)	38	5.4%

Educational attainment (age 25+)

No high school diploma5.3%

High school graduate27.0%

Some college or associate's46.0%

Bachelor's degree16.8%

Graduate or professional degree4.9%

	Count	Share
No high school diploma	26	5.3%
High school graduate	132	27.0%
Some college or associate's	225	46.0%
Bachelor's degree	82	16.8%
Graduate or professional degree	24	4.9%

Commute to work

Mean travel time to work: 26 min

Drove alone76.1%

Carpooled8.6%

Public transit0.0%

Walked3.4%

Bicycle0.0%

Worked from home11.8%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	265	76.1%
Carpooled	30	8.6%
Public transit	0	0.0%
Walked	12	3.4%
Bicycle	0	0.0%
Worked from home	41	11.8%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	107	34.9%
15 to 29 min	85	27.7%
30 to 44 min	76	24.8%
45 to 59 min	22	7.2%
60+ min	17	5.5%

Households

Average household size: 2.08
Poverty rate: 13.3% (93 of 698)

	Count	Share
Family households	162	48.2%
Nonfamily households	174	51.8%

Housing

Median year structure built: 1961

Occupancy

	Count	Share
Occupied	336	83.8%
Vacant	65	16.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	260	77.4%
Renter-occupied	76	22.6%

1-unit, detached83.3%

1-unit, attached0.5%

2 to 4 units2.0%

5 to 19 units8.5%

20 or more units5.2%

Mobile home & other0.5%

Units in structure

	Count	Share
1-unit, detached	334	83.3%
1-unit, attached	2	0.5%
2 to 4 units	8	2.0%
5 to 19 units	34	8.5%
20 or more units	21	5.2%
Mobile home & other	2	0.5%

Geography

Place GEOID: 2734100
Type (LSAD): 25
Land area: 3.21 sq mi
Water area: 0.84 sq mi
Center point: 44.2622, -96.2993