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ZipNumbers

Minnesota · Census place 56086

Round Lake city, MN

Quick answer

Round Lake city has 383 residents, ranking #567 of 914 places in Minnesota. Median household income is $63,661, the median home is worth $87,800 and median gross rent runs $593 a month.

Population
383Round Lake city residents
Median household income
$63,661Past 12 months, inflation adjusted
Median home value
$87,800Owner-occupied units
Median gross rent
$593Rent plus utilities, monthly
Median age
44.9 yrsAll residents
Homeownership rate
74%Owner-occupied households

What the numbers mean in Round Lake city

Housing cost measured against local earnings.

A household earning the Round Lake city median would spend about 11.2% 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.8% of residents and 74% 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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