Living in Long Lake, Minnesota

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

Long Lake has 1,728 residents with a median age of 42.2. The median household income is $109,063 (22% higher than the Minnesota median), the median home value is $422,600, the median rent is $1,809/month.

Long Lake at a glance

Population
1,728
Median age
42.2State: 38.8
Median household income
$109,063State: $89,062
Median home value
$422,600State: $329,300
Median rent
$1,809/moState: $1,280
Homeowners
74.5%
Bachelor's degree or higher
56.1%
Average commute
25 min

Is Long Lake a good place to live?

Pros: Median household income 22% higher than the Minnesota median; unemployment of 1.5%; a poverty rate of 5.5%.

Cons: Home values 28% higher than the state median; an average commute of 25 minutes.

The weather is best in June to September.

Cost of living in Long Lake

Housing is the biggest part of the cost of living. In Long Lake the median home value is $422,600, 27% higher than the U.S. median. Renters pay a median of $1,809 per month, which is 42.5% of household income. Homeowners with a mortgage pay $2,360 a month in housing costs.

Median home value

Long Lake$422,600
Minnesota$329,300
United States$332,700

Median monthly rent

Long Lake$1,809
Minnesota$1,280
United States$1,413

Long Lake median household income

The median household income in Long Lake is $109,063 and the income per person is $57,364. 5.5% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Long Lake$109,063
Minnesota$89,062
United States$80,734

Housing in Long Lake: homes for sale and rent

Housing units
725
Owner-occupied
74.5%
Renter-occupied
25.5%
Vacant
5.8%Includes seasonal homes
Median year built
1970
Average household size
2.51

Long Lake demographics

Population
1,728
Median age
42.2
Under 18
26.8%
65 and older
17%
Households
683
Foreign-born
4.5%
Veterans
6%Adults 18+

Race and ethnicity

White82.6%
Hispanic or Latino5.6%
Black3.6%
Asian1.4%

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

Education in Long Lake

56.1% of adults 25 and older in Long Lake have a bachelor's degree or higher (Minnesota: 39.4%), and 17.2% have a graduate or professional degree.

Bachelor's degree or higher

Long Lake56.1%
Minnesota39.4%
United States35.7%

Jobs and commute in Long Lake

Unemployment rate
1.5%State: 4.1%
Average commute
25 minState: 23 min
Work from home
22.3%
Drive alone
68%
Public transit
0.9%
Walk to work
0%
Homes with broadband
93.9%

Long Lake vs nearby towns

TownPopulationMedian incomeHome valueRent
Long Lake1,728$109,063$422,600$1,809
Orono8,195$173,527$1,004,500$1,818
Wayzata4,354$131,614$1,153,400$1,782
Village of Minnetonka Beach469$250,001$2,000,001—
Woodland477$190,000$1,185,300—
Medina6,968$230,859$736,700$1,429
Deephaven3,793$197,679$935,900—
Spring Park1,896$48,315$661,600$1,241
Tonka Bay1,270$156,458$917,100$2,320

More for people moving to Long Lake

Long Lake ZIP code ›Weather and climate ›

Living in Long Lake: FAQ

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

The median household income in Long Lake is $109,063, 22% 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 Long Lake?

The median home value in Long Lake is $422,600, compared with $329,300 in Minnesota.

How much is rent in Long Lake?

The median gross rent in Long Lake is $1,809 per month, about 42.5% of household income.

Is Long Lake, MN a good place to live?

Pluses: median household income 22% higher than the Minnesota median; unemployment of 1.5%; a poverty rate of 5.5%. Minuses: home values 28% higher than the state median; an average commute of 25 minutes.

What is the median age in Long Lake?

The median age in Long Lake is 42.2 years (Minnesota: 38.8).

How long is the commute in Long Lake?

The average commute to work in Long Lake is 25 minutes; 22.3% of workers work from home.

What is the unemployment rate in Long Lake?

The unemployment rate in Long Lake is 1.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Long Lake?

56.1% of adults in Long 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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