Living in Big Lake, Minnesota
Cost of living, income, home prices, rent and demographics of Big Lake · Census data 2020–2024
Big Lake has 12,367 residents with a median age of 32.5. The median household income is $120,549 (35% higher than the Minnesota median), the median home value is $330,200, the median rent is $1,340/month.
Big Lake at a glance
- Population
- 12,367
- Median age
- 32.5State: 38.8
- Median household income
- $120,549State: $89,062
- Median home value
- $330,200State: $329,300
- Median rent
- $1,340/moState: $1,280
- Homeowners
- 86.9%
- Bachelor's degree or higher
- 26.8%
- Average commute
- 33 min
Is Big Lake a good place to live?
Pros: Median household income 35% higher than the Minnesota median; unemployment of 3.2%; a poverty rate of 5.6%.
Cons: Home values about the same as the state median; an average commute of 33 minutes.
The weather is best in June to September.
Cost of living in Big Lake
Housing is the biggest part of the cost of living. In Big Lake the median home value is $330,200, about the same as the U.S. median. Renters pay a median of $1,340 per month, which is 29.9% of household income. Homeowners with a mortgage pay $2,088 a month in housing costs.
Big Lake median household income
The median household income in Big Lake is $120,549 and the income per person is $42,522. 5.6% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Big Lake: homes for sale and rent
- Housing units
- 4,162
- Owner-occupied
- 86.9%
- Renter-occupied
- 13.1%
- Vacant
- 3%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 3.05
Big Lake demographics
- Population
- 12,367
- Median age
- 32.5
- Under 18
- 28.6%
- 65 and older
- 5.7%
- Households
- 4,036
- Foreign-born
- 5.2%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Big Lake ›
Education in Big Lake
26.8% of adults 25 and older in Big Lake have a bachelor's degree or higher (Minnesota: 39.4%), and 8% have a graduate or professional degree.
Jobs and commute in Big Lake
- Unemployment rate
- 3.2%State: 4.1%
- Average commute
- 33 minState: 23 min
- Work from home
- 9.6%
- Drive alone
- 74.9%
- Public transit
- 1.1%
- Walk to work
- 0.2%
- Homes with broadband
- 95.9%
Big Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Big Lake | 12,367 | $120,549 | $330,200 | $1,340 |
| Monticello | 14,858 | $79,534 | $323,700 | $1,405 |
| Becker | 5,034 | $86,094 | $271,300 | $889 |
| Otsego | 22,245 | $119,927 | $396,700 | $1,765 |
| Albertville | 8,207 | $132,734 | $343,700 | $1,348 |
| Elk River | 26,793 | $108,741 | $370,100 | $1,283 |
| Zimmerman | 6,546 | $85,645 | $323,600 | $1,398 |
| St. Michael | 20,010 | $131,274 | $390,100 | $1,483 |
| Silver Creek | 167 | $51,042 | $418,800 | — |
More for people moving to Big Lake
Big Lake ZIP code ›Weather and climate ›Living in Big Lake: FAQ
What is the median household income in Big Lake, MN?
The median household income in Big Lake is $120,549, 35% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Big Lake?
The median home value in Big Lake is $330,200, compared with $329,300 in Minnesota.
How much is rent in Big Lake?
The median gross rent in Big Lake is $1,340 per month, about 29.9% of household income.
Is Big Lake, MN a good place to live?
Pluses: median household income 35% higher than the Minnesota median; unemployment of 3.2%; a poverty rate of 5.6%. Minuses: home values about the same as the state median; an average commute of 33 minutes.
What is the median age in Big Lake?
The median age in Big Lake is 32.5 years (Minnesota: 38.8).
How long is the commute in Big Lake?
The average commute to work in Big Lake is 33 minutes; 9.6% of workers work from home.
What is the unemployment rate in Big Lake?
The unemployment rate in Big Lake is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Big Lake?
26.8% of adults in Big Lake have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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