Living in Martin Lake, Minnesota
Cost of living, income, home prices, rent and demographics of Martin Lake · Census data 2020–2024
Martin Lake has 1,068 residents with a median age of 42.6. The median household income is $123,208 (38% higher than the Minnesota median), the median home value is $498,400.
Martin Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Martin Lake at a glance
- Population
- 1,068
- Median age
- 42.6State: 38.8
- Median household income
- $123,208State: $89,062
- Median home value
- $498,400State: $329,300
- Homeowners
- 67.5%
- Bachelor's degree or higher
- 20.6%
- Average commute
- 31 min
Is Martin Lake a good place to live?
Pros: Median household income 38% higher than the Minnesota median; a poverty rate of 8%.
Cons: Home values 51% higher than the state median; an average commute of 31 minutes.
The weather is best in June to September.
Cost of living in Martin Lake
Housing is the biggest part of the cost of living. In Martin Lake the median home value is $498,400, 50% higher than the U.S. median. Renters pay a median of — per month, which is 19.3% of household income. Homeowners with a mortgage pay $1,726 a month in housing costs.
Martin Lake median household income
The median household income in Martin Lake is $123,208 and the income per person is $54,705. 8% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Martin Lake: homes for sale and rent
- Housing units
- 526
- Owner-occupied
- 67.5%
- Renter-occupied
- 32.5%
- Vacant
- 11.6%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 2.30
Martin Lake demographics
- Population
- 1,068
- Median age
- 42.6
- Under 18
- 16.3%
- 65 and older
- 15.4%
- Households
- 465
- Foreign-born
- 2.2%
- Veterans
- 2%Adults 18+
Hispanic or Latino can be of any race. Population history of Martin Lake ›
Education in Martin Lake
20.6% of adults 25 and older in Martin Lake have a bachelor's degree or higher (Minnesota: 39.4%), and 11.1% have a graduate or professional degree.
Jobs and commute in Martin Lake
- Unemployment rate
- 0%State: 4.1%
- Average commute
- 31 minState: 23 min
- Work from home
- 17%
- Drive alone
- 67.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 96.6%
Martin Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Martin Lake | 1,068 | $123,208 | $498,400 | — |
| Stacy | 4,384 | $98,464 | $323,800 | $892 |
| East Bethel | 12,115 | $110,000 | $363,900 | $1,695 |
| Wyoming | 8,087 | $107,565 | $365,700 | $1,166 |
| Chisago City | 5,899 | $102,197 | $413,000 | $1,321 |
| Columbus | 4,248 | $123,194 | $460,200 | $1,653 |
| Bethel | 474 | $89,904 | $267,800 | $1,000 |
| Ham Lake | 16,702 | $120,135 | $442,500 | $1,173 |
| Isanti | 7,210 | $87,500 | $290,600 | $1,256 |
More for people moving to Martin Lake
Martin Lake ZIP code ›Weather and climate ›Living in Martin Lake: FAQ
What is the median household income in Martin Lake, MN?
The median household income in Martin Lake is $123,208, 38% 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 Martin Lake?
The median home value in Martin Lake is $498,400, compared with $329,300 in Minnesota.
Is Martin Lake, MN a good place to live?
Pluses: median household income 38% higher than the Minnesota median; a poverty rate of 8%. Minuses: home values 51% higher than the state median; an average commute of 31 minutes.
What is the median age in Martin Lake?
The median age in Martin Lake is 42.6 years (Minnesota: 38.8).
How long is the commute in Martin Lake?
The average commute to work in Martin Lake is 31 minutes; 17% of workers work from home.
What is the unemployment rate in Martin Lake?
The unemployment rate in Martin Lake is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Martin Lake?
20.6% of adults in Martin 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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