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Minnesota · Census place 40814

Martin Lake, MN population, income and ZIP codes

Quick answer

The population of the city of Martin Lake, Minnesota (Martin Lake, MN — Census place “Martin Lake CDP”) is 1,203 residents, ranking #333 of 914 places in Minnesota. Median household income is $120,705, the median home is worth $426,100 and median gross rent runs $1,589 a month. Looking for the Martin Lake Minnesota ZIP code list? 1 ZIP codes serve Martin Lake, MN: 55079.

Population
1,203Martin Lake CDP residents
Median household income
$120,705Past 12 months, inflation adjusted
Median home value
$426,100Owner-occupied units
Median gross rent
$1,589Rent plus utilities, monthly
Median age
42.4 yrsAll residents
Homeownership rate
68.2%Owner-occupied households

Martin Lake ZIP codes (Minnesota)

Census ZCTAs whose delivery area overlaps Martin Lake.

The Martin Lake MN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

What the numbers mean in Martin Lake CDP

Housing cost measured against local earnings.

A household earning the Martin Lake CDP median would spend about 15.8% 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 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.9% of residents and 68.2% of households own their home.

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

Martin Lake CDP, MN in context

How this area compares with national benchmarks.

Martin Lake CDP is a small town in Minnesota, with 1,203 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #333 of 914 ranked by population — larger than 63% of them. The median age here is 42.4 years against 39.1 nationally, a slightly older 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 Martin Lake CDP earn a median of $120,705 a year, 53.7% above the national figure of $78,538 and 60% above the $75,469 median for the 361 Minnesota cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 6.9% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Martin Lake CDP is valued at $426,100, 40.4% above the national figure and 77% above the $240,400 peer median, while median gross rent runs $1,589 a month, 13% above the national figure, or roughly $19,068 across a full year. A household on the local median income would put about 15.8% 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 3.5×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 68.2% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. 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.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. 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.

Compare with nearby places

Places of similar size in Minnesota.

More Minnesota coverage.

Frequently asked questions

Common questions about this area.

What is the population of Martin Lake CDP?
Martin Lake CDP has 1,203 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #333 of 914 in Minnesota.
What is the median household income in Martin Lake CDP?
Median household income in Martin Lake CDP is $120,705 a year, 53.7% above the national figure of $78,538.
How much does it cost to rent or buy in Martin Lake CDP?
Median gross rent is $1,589 a month and the median home value is $426,100, so rent absorbs about 15.8% of median household income.
Is Martin Lake CDP affordable compared with the rest of the US?
Homes cost about 3.5× the local median income here versus roughly 3.9× nationally, so Martin Lake CDP is more affordable to buy in than the typical US market, and rent takes 15.8% of median income against the 30% cost-burden line.
How current is this Martin Lake CDP data?
All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. 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.