Living in Lake Wilson, Minnesota

Cost of living, income, home prices, rent and demographics of Lake Wilson · Census data 2020–2024

Lake Wilson has 237 residents with a median age of 52.9. The median household income is $65,500 (26% lower than the Minnesota median), the median home value is $98,600.

Lake Wilson is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Lake Wilson at a glance

Population
237
Median age
52.9State: 38.8
Median household income
$65,500State: $89,062
Median home value
$98,600State: $329,300
Homeowners
93.2%
Bachelor's degree or higher
18.3%
Average commute
18 min

Is Lake Wilson a good place to live?

Pros: Home values 70% lower than the state median; an average commute of 18 minutes.

Cons: Median household income 26% lower than the Minnesota median; a poverty rate of 17.3%.

The weather is best in June to September.

Cost of living in Lake Wilson

Housing is the biggest part of the cost of living. In Lake Wilson the median home value is $98,600, 70% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,069 a month in housing costs.

Median home value

Lake Wilson$98,600
Minnesota$329,300
United States$332,700

Median monthly rent

Minnesota$1,280
United States$1,413

Lake Wilson median household income

The median household income in Lake Wilson is $65,500 and the income per person is $34,011. 17.3% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Lake Wilson$65,500
Minnesota$89,062
United States$80,734

Housing in Lake Wilson: homes for sale and rent

Housing units
140
Owner-occupied
93.2%
Renter-occupied
6.8%
Vacant
15.7%Includes seasonal homes
Median year built
1952
Average household size
2.01

Lake Wilson demographics

Population
237
Median age
52.9
Under 18
13.9%
65 and older
28.7%
Households
118
Foreign-born
2.1%
Veterans
13.2%Adults 18+

Race and ethnicity

White86.9%
Hispanic or Latino9.3%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Lake Wilson ›

Education in Lake Wilson

18.3% of adults 25 and older in Lake Wilson have a bachelor's degree or higher (Minnesota: 39.4%), and 4.7% have a graduate or professional degree.

Bachelor's degree or higher

Lake Wilson18.3%
Minnesota39.4%
United States35.7%

Jobs and commute in Lake Wilson

Unemployment rate
0%State: 4.1%
Average commute
18 minState: 23 min
Work from home
7.3%
Drive alone
78%
Public transit
0%
Walk to work
4.6%
Homes with broadband
83.9%

Lake Wilson vs nearby towns

TownPopulationMedian incomeHome valueRent
Lake Wilson237$65,500$98,600—
Chandler331$96,786$161,100$806
Woodstock200$58,785——
Slayton2,141$62,344$161,700$752
Iona214$44,583$65,600$768
Edgerton1,104$68,894$132,100$825
Leota169$83,125$143,800—
Holland292$82,794$70,900$830
Ruthton222$38,864$56,800$625

More for people moving to Lake Wilson

Lake Wilson ZIP code ›Weather and climate ›

Living in Lake Wilson: FAQ

What is the median household income in Lake Wilson, MN?

The median household income in Lake Wilson is $65,500, 26% 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 Lake Wilson?

The median home value in Lake Wilson is $98,600, compared with $329,300 in Minnesota.

Is Lake Wilson, MN a good place to live?

Pluses: home values 70% lower than the state median; an average commute of 18 minutes. Minuses: median household income 26% lower than the Minnesota median; a poverty rate of 17.3%.

What is the median age in Lake Wilson?

The median age in Lake Wilson is 52.9 years (Minnesota: 38.8).

How long is the commute in Lake Wilson?

The average commute to work in Lake Wilson is 18 minutes; 7.3% of workers work from home.

What is the unemployment rate in Lake Wilson?

The unemployment rate in Lake Wilson is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Lake Wilson?

18.3% of adults in Lake Wilson 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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