Lake Park, MN population, income and ZIP codes

Lake Park city is a very small community in Minnesota, with 573 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #472 of 914 ranked by population — larger than 48% of them. The median age here is 36.8 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Lake Park city earn a median of $63,250 a year, 19.5% below the national figure of $78,538 and 16% below the $75,469 median for the 361 Minnesota cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 8% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Lake Park city is valued at $160,900, 47% below the national figure and 33% below the $240,400 peer median, while median gross rent runs $717 a month, 49% below the national figure, or roughly $8,604 across a full year. A household on the local median income would put about 13.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.5×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 84% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

With 573 residents, a handful of survey responses moves every median on this page. Compare Lake Park city against its county rather than against national figures.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.