Prior Lake

Population: 27,832
Median household income: $130,278
Median home value: $429,900

Located in Scott County, Minnesota, Prior Lake is a community with a population of 27,832. At $130,278, its median household income sits above Scott County's $120,247.

Between 2019 and 2023, Prior Lake's population grew 5.6% from 26,365 to 27,832, while its median home value rose 33.3% from $322,400 to $429,900.

The median gross rent is $1,548. 51.5% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 27,832
Median age: 39.7 yrs
Median household income: $130,278
Median home value: $429,900
Median gross rent: $1,548
Housing units: 10,423
Homeownership rate: 85.6%
Bachelor's degree or higher: 51.5%
Unemployment rate: 1.2%

Trends

ACS 5-year · 2019–2023

Population

26,36527,832

Median household income

$109,604$130,278

Median home value

$322,400$429,900

Median gross rent

$1,143$1,548

Year	Population	Median household income	Median home value	Median gross rent
2019	26,365	$109,604	$322,400	$1,143
2020	26,775	$108,481	$328,400	$1,220
2021	27,242	$115,837	$348,700	$1,344
2022	27,608	$129,539	$400,500	$1,447
2023	27,832	$130,278	$429,900	$1,548

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

Age distribution

Under 55.9%

5 to 1719.8%

18 to 248.5%

25 to 349.8%

35 to 4413.5%

45 to 5414.2%

55 to 6413.5%

65 to 749.6%

75 and over5.2%

	Count	Share
Under 5	1,643	5.9%
5 to 17	5,504	19.8%
18 to 24	2,374	8.5%
25 to 34	2,718	9.8%
35 to 44	3,759	13.5%
45 to 54	3,953	14.2%
55 to 64	3,769	13.5%
65 to 74	2,670	9.6%
75 and over	1,442	5.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	22,671	81.5%
Black or African American	438	1.6%
American Indian & Alaska Native	410	1.5%
Asian	1,543	5.5%
Native Hawaiian & Pacific Islander	2	0.0%
Some other race	123	0.4%
Two or more races	1,244	4.5%
Hispanic or Latino (any race)	1,401	5.0%

Educational attainment (age 25+)

No high school diploma3.5%

High school graduate13.7%

Some college or associate's31.3%

Bachelor's degree36.2%

Graduate or professional degree15.3%

	Count	Share
No high school diploma	649	3.5%
High school graduate	2,506	13.7%
Some college or associate's	5,728	31.3%
Bachelor's degree	6,632	36.2%
Graduate or professional degree	2,796	15.3%

Commute to work

Mean travel time to work: 25 min

Drove alone68.1%

Carpooled6.7%

Public transit1.0%

Walked1.0%

Bicycle0.0%

Worked from home22.0%

Other means1.3%

How workers get to work

	Count	Share
Drove alone	10,289	68.1%
Carpooled	1,011	6.7%
Public transit	146	1.0%
Walked	154	1.0%
Bicycle	0	0.0%
Worked from home	3,321	22.0%
Other means	196	1.3%

Travel time

	Count	Share
Under 15 min	2,872	24.3%
15 to 29 min	4,557	38.6%
30 to 44 min	2,886	24.5%
45 to 59 min	916	7.8%
60+ min	565	4.8%

Households

Average household size: 2.74
Poverty rate: 2.9% (804 of 27,744)

	Count	Share
Family households	7,490	74.0%
Nonfamily households	2,628	26.0%

Housing

Median year structure built: 1997

Occupancy

	Count	Share
Occupied	10,118	97.1%
Vacant	305	2.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	8,666	85.6%
Renter-occupied	1,452	14.4%

1-unit, detached71.1%

1-unit, attached17.1%

2 to 4 units1.0%

5 to 19 units1.2%

20 or more units9.5%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	7,409	71.1%
1-unit, attached	1,782	17.1%
2 to 4 units	107	1.0%
5 to 19 units	130	1.2%
20 or more units	991	9.5%
Mobile home & other	4	0.0%

Geography

Place GEOID: 2752594
Type (LSAD): 25
Land area: 16 sq mi
Water area: 3.25 sq mi
Center point: 44.7256, -93.4409