Living in Howard Lake, Minnesota
Cost of living, income, home prices, rent and demographics of Howard Lake · Census data 2020–2024
Howard Lake has 1,832 residents with a median age of 48.4. The median household income is $92,188 (4% higher than the Minnesota median), the median home value is $273,600, the median rent is $911/month.
Howard Lake at a glance
- Population
- 1,832
- Median age
- 48.4State: 38.8
- Median household income
- $92,188State: $89,062
- Median home value
- $273,600State: $329,300
- Median rent
- $911/moState: $1,280
- Homeowners
- 72%
- Bachelor's degree or higher
- 23.1%
- Average commute
- 34 min
Is Howard Lake a good place to live?
Pros: Median household income 4% higher than the Minnesota median; home values 17% lower than the state median; unemployment of 1.4%.
Cons: An average commute of 34 minutes; a poverty rate of 10.3%.
The weather is best in June to September.
Cost of living in Howard Lake
Housing is the biggest part of the cost of living. In Howard Lake the median home value is $273,600, 18% lower than the U.S. median. Renters pay a median of $911 per month, which is 22.3% of household income. Homeowners with a mortgage pay $2,086 a month in housing costs.
Howard Lake median household income
The median household income in Howard Lake is $92,188 and the income per person is $44,807. 10.3% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Howard Lake: homes for sale and rent
- Housing units
- 915
- Owner-occupied
- 72%
- Renter-occupied
- 28%
- Vacant
- 10.9%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 2.19
Howard Lake demographics
- Population
- 1,832
- Median age
- 48.4
- Under 18
- 18.3%
- 65 and older
- 26.8%
- Households
- 815
- Foreign-born
- 4.5%
- Veterans
- 8.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Howard Lake ›
Education in Howard Lake
23.1% of adults 25 and older in Howard Lake have a bachelor's degree or higher (Minnesota: 39.4%), and 4.4% have a graduate or professional degree.
Jobs and commute in Howard Lake
- Unemployment rate
- 1.4%State: 4.1%
- Average commute
- 34 minState: 23 min
- Work from home
- 20%
- Drive alone
- 72.9%
- Public transit
- 0.3%
- Walk to work
- 0%
- Homes with broadband
- 85.2%
Howard Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Howard Lake | 1,832 | $92,188 | $273,600 | $911 |
| Waverly | 2,285 | $112,222 | $323,100 | $941 |
| Cokato | 2,782 | $70,288 | $223,300 | $797 |
| Winsted | 2,181 | $67,200 | $201,900 | $834 |
| Montrose | 3,888 | $102,625 | $275,700 | $1,474 |
| Lester Prairie | 1,898 | $96,544 | $237,400 | $688 |
| Silver Lake | 815 | $74,432 | $202,600 | $844 |
| Watertown | 4,790 | $99,671 | $337,200 | $927 |
| Maple Lake | 2,042 | $93,750 | $246,800 | $591 |
More for people moving to Howard Lake
Howard Lake ZIP code ›Weather and climate ›Living in Howard Lake: FAQ
What is the median household income in Howard Lake, MN?
The median household income in Howard Lake is $92,188, 4% 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 Howard Lake?
The median home value in Howard Lake is $273,600, compared with $329,300 in Minnesota.
How much is rent in Howard Lake?
The median gross rent in Howard Lake is $911 per month, about 22.3% of household income.
Is Howard Lake, MN a good place to live?
Pluses: median household income 4% higher than the Minnesota median; home values 17% lower than the state median; unemployment of 1.4%. Minuses: an average commute of 34 minutes; a poverty rate of 10.3%.
What is the median age in Howard Lake?
The median age in Howard Lake is 48.4 years (Minnesota: 38.8).
How long is the commute in Howard Lake?
The average commute to work in Howard Lake is 34 minutes; 20% of workers work from home.
What is the unemployment rate in Howard Lake?
The unemployment rate in Howard Lake is 1.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Howard Lake?
23.1% of adults in Howard 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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