Living in Lake Henry, Minnesota
Cost of living, income, home prices, rent and demographics of Lake Henry · Census data 2020–2024
Lake Henry has 77 residents with a median age of 33.8. The median household income is $105,357 (18% higher than the Minnesota median), the median home value is $154,200.
Lake Henry is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lake Henry at a glance
- Population
- 77
- Median age
- 33.8State: 38.8
- Median household income
- $105,357State: $89,062
- Median home value
- $154,200State: $329,300
- Homeowners
- 86.8%
- Bachelor's degree or higher
- 3.2%
- Average commute
- 13 min
Is Lake Henry a good place to live?
Pros: Median household income 18% higher than the Minnesota median; home values 53% lower than the state median; an average commute of 13 minutes; a poverty rate of 3.9%.
The weather is best in June to September.
Cost of living in Lake Henry
Housing is the biggest part of the cost of living. In Lake Henry the median home value is $154,200, 54% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,182 a month in housing costs.
Lake Henry median household income
The median household income in Lake Henry is $105,357 and the income per person is $41,095. 3.9% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Lake Henry: homes for sale and rent
- Housing units
- 40
- Owner-occupied
- 86.8%
- Renter-occupied
- 13.2%
- Vacant
- 5%Includes seasonal homes
- Median year built
- 1945
- Average household size
- 2.03
Lake Henry demographics
- Population
- 77
- Median age
- 33.8
- Under 18
- 11.7%
- 65 and older
- 29.9%
- Households
- 38
- Foreign-born
- 0%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Henry ›
Education in Lake Henry
3.2% of adults 25 and older in Lake Henry have a bachelor's degree or higher (Minnesota: 39.4%), and 0% have a graduate or professional degree.
Jobs and commute in Lake Henry
- Unemployment rate
- 0%State: 4.1%
- Average commute
- 13 minState: 23 min
- Work from home
- 3.3%
- Drive alone
- 63.3%
- Public transit
- 0%
- Walk to work
- 23.3%
- Homes with broadband
- 89.5%
Lake Henry vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Henry | 77 | $105,357 | $154,200 | — |
| Paynesville | 2,519 | $75,250 | $178,200 | $815 |
| St. Martin | 313 | $59,219 | $216,900 | $425 |
| Belgrade | 758 | $51,103 | $163,400 | $756 |
| Elrosa | 217 | $86,875 | $174,300 | $1,188 |
| Greenwald | 270 | $72,625 | $149,200 | — |
| New Munich | 299 | $92,188 | $179,000 | $1,139 |
| Meire Grove | 167 | $61,806 | $190,600 | $863 |
| New London | 1,187 | $68,421 | $218,800 | $946 |
More for people moving to Lake Henry
Lake Henry ZIP code ›Weather and climate ›Living in Lake Henry: FAQ
What is the median household income in Lake Henry, MN?
The median household income in Lake Henry is $105,357, 18% 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 Lake Henry?
The median home value in Lake Henry is $154,200, compared with $329,300 in Minnesota.
Is Lake Henry, MN a good place to live?
Pluses: median household income 18% higher than the Minnesota median; home values 53% lower than the state median; an average commute of 13 minutes; a poverty rate of 3.9%.
What is the median age in Lake Henry?
The median age in Lake Henry is 33.8 years (Minnesota: 38.8).
How long is the commute in Lake Henry?
The average commute to work in Lake Henry is 13 minutes; 3.3% of workers work from home.
What is the unemployment rate in Lake Henry?
The unemployment rate in Lake Henry is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Henry?
3.2% of adults in Lake Henry 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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