Living in Lester Prairie, Minnesota
Cost of living, income, home prices, rent and demographics of Lester Prairie · Census data 2020–2024
Lester Prairie has 1,898 residents with a median age of 32.8. The median household income is $96,544 (8% higher than the Minnesota median), the median home value is $237,400, the median rent is $688/month.
Lester Prairie at a glance
- Population
- 1,898
- Median age
- 32.8State: 38.8
- Median household income
- $96,544State: $89,062
- Median home value
- $237,400State: $329,300
- Median rent
- $688/moState: $1,280
- Homeowners
- 85.8%
- Bachelor's degree or higher
- 13%
- Average commute
- 30 min
Is Lester Prairie a good place to live?
Pros: Median household income 8% higher than the Minnesota median; home values 28% lower than the state median; unemployment of 0.8%; a poverty rate of 3%.
Cons: An average commute of 30 minutes.
The weather is best in June to September.
Cost of living in Lester Prairie
Housing is the biggest part of the cost of living. In Lester Prairie the median home value is $237,400, 29% lower than the U.S. median. Renters pay a median of $688 per month, which is 26.4% of household income. Homeowners with a mortgage pay $1,709 a month in housing costs.
Lester Prairie median household income
The median household income in Lester Prairie is $96,544 and the income per person is $38,836. 3% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Lester Prairie: homes for sale and rent
- Housing units
- 713
- Owner-occupied
- 85.8%
- Renter-occupied
- 14.2%
- Vacant
- 3.9%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.77
Lester Prairie demographics
- Population
- 1,898
- Median age
- 32.8
- Under 18
- 27.4%
- 65 and older
- 11.7%
- Households
- 685
- Foreign-born
- 5.9%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lester Prairie ›
Education in Lester Prairie
13% of adults 25 and older in Lester Prairie have a bachelor's degree or higher (Minnesota: 39.4%), and 1.2% have a graduate or professional degree.
Jobs and commute in Lester Prairie
- Unemployment rate
- 0.8%State: 4.1%
- Average commute
- 30 minState: 23 min
- Work from home
- 8.6%
- Drive alone
- 74.9%
- Public transit
- 0%
- Walk to work
- 6.6%
- Homes with broadband
- 90.5%
Lester Prairie vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lester Prairie | 1,898 | $96,544 | $237,400 | $688 |
| New Germany | 595 | $93,864 | $258,000 | $1,107 |
| Winsted | 2,181 | $67,200 | $201,900 | $834 |
| Mayer | 2,518 | $124,917 | $342,700 | $1,563 |
| Plato | 242 | $91,250 | $239,700 | — |
| Silver Lake | 815 | $74,432 | $202,600 | $844 |
| Glencoe | 5,695 | $71,356 | $227,900 | $1,101 |
| Norwood Young America | 3,849 | $71,364 | $299,300 | $1,073 |
| Watertown | 4,790 | $99,671 | $337,200 | $927 |
More for people moving to Lester Prairie
Lester Prairie ZIP code ›Weather and climate ›Living in Lester Prairie: FAQ
What is the median household income in Lester Prairie, MN?
The median household income in Lester Prairie is $96,544, 8% 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 Lester Prairie?
The median home value in Lester Prairie is $237,400, compared with $329,300 in Minnesota.
How much is rent in Lester Prairie?
The median gross rent in Lester Prairie is $688 per month, about 26.4% of household income.
Is Lester Prairie, MN a good place to live?
Pluses: median household income 8% higher than the Minnesota median; home values 28% lower than the state median; unemployment of 0.8%; a poverty rate of 3%. Minuses: an average commute of 30 minutes.
What is the median age in Lester Prairie?
The median age in Lester Prairie is 32.8 years (Minnesota: 38.8).
How long is the commute in Lester Prairie?
The average commute to work in Lester Prairie is 30 minutes; 8.6% of workers work from home.
What is the unemployment rate in Lester Prairie?
The unemployment rate in Lester Prairie is 0.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lester Prairie?
13% of adults in Lester Prairie 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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