Minnesota · Census place 36728
Lester Prairie city, MN
Quick answer
Lester Prairie city has 1,848 residents, ranking #274 of 914 places in Minnesota. Median household income is $87,188, the median home is worth $217,000 and median gross rent runs $735 a month.
- Population
- 1,848Lester Prairie city residents
- Median household income
- $87,188Past 12 months, inflation adjusted
- Median home value
- $217,000Owner-occupied units
- Median gross rent
- $735Rent plus utilities, monthly
- Median age
- 36.1 yrsAll residents
- Homeownership rate
- 85.8%Owner-occupied households
What the numbers mean in Lester Prairie city
Housing cost measured against local earnings.
A household earning the Lester Prairie city median would spend about 10.1% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.3% of residents and 85.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Spring Park city 1,869
- Tracy city 1,869
- Howard Lake city 1,864
- Ada city 1,834
- Mountain Lake city 1,833
- Kenyon city 1,811
- Rushford city 1,790
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More Minnesota coverage.