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Minnesota · Census place 34370

Lake George CDP, MN

Quick answer

Lake George CDP has 245 residents, ranking #647 of 914 places in Minnesota. Median household income is $68,500, the median home is worth $222,500 and median gross rent runs $1,025 a month.

Population
245Lake George CDP residents
Median household income
$68,500Past 12 months, inflation adjusted
Median home value
$222,500Owner-occupied units
Median gross rent
$1,025Rent plus utilities, monthly
Median age
51.8 yrsAll residents
Homeownership rate
89.8%Owner-occupied households

What the numbers mean in Lake George CDP

Housing cost measured against local earnings.

A household earning the Lake George CDP median would spend about 18% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.8% of residents and 89.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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