Living in Lewisville, Minnesota

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

Lewisville has 255 residents with a median age of 46.6. The median household income is $76,250 (14% lower than the Minnesota median), the median home value is $63,900, the median rent is $550/month.

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

Lewisville at a glance

Population
255
Median age
46.6State: 38.8
Median household income
$76,250State: $89,062
Median home value
$63,900State: $329,300
Median rent
$550/moState: $1,280
Homeowners
94.9%
Bachelor's degree or higher
5.9%
Average commute
23 min

Is Lewisville a good place to live?

Pros: Home values 81% lower than the state median; an average commute of 23 minutes; a poverty rate of 3.1%.

Cons: Median household income 14% lower than the Minnesota median.

The weather is best in June to September.

Cost of living in Lewisville

Housing is the biggest part of the cost of living. In Lewisville the median home value is $63,900, 81% lower than the U.S. median. Renters pay a median of $550 per month. Homeowners with a mortgage pay $1,054 a month in housing costs.

Median home value

Lewisville$63,900
Minnesota$329,300
United States$332,700

Median monthly rent

Lewisville$550
Minnesota$1,280
United States$1,413

Lewisville median household income

The median household income in Lewisville is $76,250 and the income per person is $35,962. 3.1% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Lewisville$76,250
Minnesota$89,062
United States$80,734

Housing in Lewisville: homes for sale and rent

Housing units
102
Owner-occupied
94.9%
Renter-occupied
5.1%
Vacant
3.9%Includes seasonal homes
Median year built
1945
Average household size
2.60

Lewisville demographics

Population
255
Median age
46.6
Under 18
13.3%
65 and older
29%
Households
98
Foreign-born
8.2%
Veterans
6.3%Adults 18+

Race and ethnicity

White69.8%
Hispanic or Latino28.2%
Black0%
Asian2%

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

Education in Lewisville

5.9% of adults 25 and older in Lewisville have a bachelor's degree or higher (Minnesota: 39.4%), and 1% have a graduate or professional degree.

Bachelor's degree or higher

Lewisville5.9%
Minnesota39.4%
United States35.7%

Jobs and commute in Lewisville

Unemployment rate
0%State: 4.1%
Average commute
23 minState: 23 min
Work from home
3.7%
Drive alone
74.8%
Public transit
5.6%
Walk to work
0.9%
Homes with broadband
79.6%

Lewisville vs nearby towns

TownPopulationMedian incomeHome valueRent
Lewisville255$76,250$63,900$550
Truman1,212$61,188$106,400$1,052
Madelia2,327$76,548$165,400$833
St. James4,767$60,242$122,100$839
Northrop240$67,083$136,300$700
Vernon Center329$70,000$143,300$950
Amboy602$69,844$134,400$763
Ormsby136$80,625$75,000—
Garden City194$81,250$177,200$950

More for people moving to Lewisville

Lewisville ZIP code ›Weather and climate ›

Living in Lewisville: FAQ

What is the median household income in Lewisville, MN?

The median household income in Lewisville is $76,250, 14% 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 Lewisville?

The median home value in Lewisville is $63,900, compared with $329,300 in Minnesota.

How much is rent in Lewisville?

The median gross rent in Lewisville is $550 per month.

Is Lewisville, MN a good place to live?

Pluses: home values 81% lower than the state median; an average commute of 23 minutes; a poverty rate of 3.1%. Minuses: median household income 14% lower than the Minnesota median.

What is the median age in Lewisville?

The median age in Lewisville is 46.6 years (Minnesota: 38.8).

How long is the commute in Lewisville?

The average commute to work in Lewisville is 23 minutes; 3.7% of workers work from home.

What is the unemployment rate in Lewisville?

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

How educated is Lewisville?

5.9% of adults in Lewisville 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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