Living in Fifty Lakes, Minnesota
Cost of living, income, home prices, rent and demographics of Fifty Lakes · Census data 2020–2024
Fifty Lakes has 478 residents with a median age of 66.7. The median household income is $84,615 (5% lower than the Minnesota median), the median home value is $457,300.
Fifty Lakes is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Fifty Lakes at a glance
- Population
- 478
- Median age
- 66.7State: 38.8
- Median household income
- $84,615State: $89,062
- Median home value
- $457,300State: $329,300
- Homeowners
- 93.8%
- Bachelor's degree or higher
- 42%
- Average commute
- 27 min
Is Fifty Lakes a good place to live?
Pros: Unemployment of 2.2%.
Cons: Median household income 5% lower than the Minnesota median; home values 39% higher than the state median; an average commute of 27 minutes; a poverty rate of 10.7%.
The weather is best in June to September.
Cost of living in Fifty Lakes
Housing is the biggest part of the cost of living. In Fifty Lakes the median home value is $457,300, 37% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,825 a month in housing costs.
Fifty Lakes median household income
The median household income in Fifty Lakes is $84,615 and the income per person is $48,056. 10.7% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Fifty Lakes: homes for sale and rent
- Housing units
- 592
- Owner-occupied
- 93.8%
- Renter-occupied
- 6.2%
- Vacant
- 59.1%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 1.98
59.1% of homes are vacant most of the year, a sign that Fifty Lakes has many vacation and second homes.
Fifty Lakes demographics
- Population
- 478
- Median age
- 66.7
- Under 18
- 6.9%
- 65 and older
- 52.1%
- Households
- 242
- Foreign-born
- 0%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Fifty Lakes ›
Education in Fifty Lakes
42% of adults 25 and older in Fifty Lakes have a bachelor's degree or higher (Minnesota: 39.4%), and 12.4% have a graduate or professional degree.
Jobs and commute in Fifty Lakes
- Unemployment rate
- 2.2%State: 4.1%
- Average commute
- 27 minState: 23 min
- Work from home
- 17.2%
- Drive alone
- 73.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 90.5%
Fifty Lakes vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fifty Lakes | 478 | $84,615 | $457,300 | — |
| Crosslake | 2,521 | $79,635 | $473,700 | $1,042 |
| Emily | 693 | $68,250 | $348,800 | $680 |
| Breezy Point | 2,687 | $85,938 | $340,800 | $1,137 |
| Chickamaw Beach | 248 | $110,000 | $298,800 | — |
| Jenkins | 508 | $74,250 | $275,000 | $1,018 |
| Pine River | 906 | $43,080 | $180,400 | $700 |
| Pequot Lakes | 2,079 | $63,699 | $289,300 | $847 |
| Longville | 138 | $32,917 | $187,500 | $525 |
More for people moving to Fifty Lakes
Fifty Lakes ZIP code ›Weather and climate ›Living in Fifty Lakes: FAQ
What is the median household income in Fifty Lakes, MN?
The median household income in Fifty Lakes is $84,615, 5% lower 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 Fifty Lakes?
The median home value in Fifty Lakes is $457,300, compared with $329,300 in Minnesota.
Is Fifty Lakes, MN a good place to live?
Pluses: unemployment of 2.2%. Minuses: median household income 5% lower than the Minnesota median; home values 39% higher than the state median; an average commute of 27 minutes; a poverty rate of 10.7%.
What is the median age in Fifty Lakes?
The median age in Fifty Lakes is 66.7 years (Minnesota: 38.8).
How long is the commute in Fifty Lakes?
The average commute to work in Fifty Lakes is 27 minutes; 17.2% of workers work from home.
What is the unemployment rate in Fifty Lakes?
The unemployment rate in Fifty Lakes is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fifty Lakes?
42% of adults in Fifty Lakes 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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