Living in Mountain Lake, Minnesota
Cost of living, income, home prices, rent and demographics of Mountain Lake · Census data 2020–2024
Mountain Lake has 2,070 residents with a median age of 31.5. The median household income is $66,490 (25% lower than the Minnesota median), the median home value is $143,100, the median rent is $929/month.
Mountain Lake at a glance
- Population
- 2,070
- Median age
- 31.5State: 38.8
- Median household income
- $66,490State: $89,062
- Median home value
- $143,100State: $329,300
- Median rent
- $929/moState: $1,280
- Homeowners
- 72.1%
- Bachelor's degree or higher
- 21.3%
- Average commute
- 14 min
Is Mountain Lake a good place to live?
Pros: Home values 57% lower than the state median; an average commute of 14 minutes; unemployment of 2.5%.
Cons: Median household income 25% lower than the Minnesota median; a poverty rate of 14.3%.
The weather is best in June to September.
Cost of living in Mountain Lake
Housing is the biggest part of the cost of living. In Mountain Lake the median home value is $143,100, 57% lower than the U.S. median. Renters pay a median of $929 per month, which is 22% of household income. Homeowners with a mortgage pay $1,342 a month in housing costs.
Mountain Lake median household income
The median household income in Mountain Lake is $66,490 and the income per person is $29,243. 14.3% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Mountain Lake: homes for sale and rent
- Housing units
- 773
- Owner-occupied
- 72.1%
- Renter-occupied
- 27.9%
- Vacant
- 2.6%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.67
Mountain Lake demographics
- Population
- 2,070
- Median age
- 31.5
- Under 18
- 34%
- 65 and older
- 16.6%
- Households
- 753
- Foreign-born
- 11.2%
- Veterans
- 2.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Mountain Lake ›
Education in Mountain Lake
21.3% of adults 25 and older in Mountain Lake have a bachelor's degree or higher (Minnesota: 39.4%), and 4.5% have a graduate or professional degree.
Jobs and commute in Mountain Lake
- Unemployment rate
- 2.5%State: 4.1%
- Average commute
- 14 minState: 23 min
- Work from home
- 8.8%
- Drive alone
- 76.8%
- Public transit
- 0.6%
- Walk to work
- 2.3%
- Homes with broadband
- 85.1%
Mountain Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mountain Lake | 2,070 | $66,490 | $143,100 | $929 |
| Butterfield | 535 | $64,083 | $90,400 | $678 |
| Odin | 126 | $46,875 | $75,000 | — |
| Windom | 4,799 | $74,899 | $169,700 | $806 |
| Comfrey | 338 | $61,875 | $96,300 | $622 |
| Ormsby | 136 | $80,625 | $75,000 | — |
| St. James | 4,767 | $60,242 | $122,100 | $839 |
| Jeffers | 368 | $50,500 | $87,400 | $694 |
| Trimont | 546 | $49,196 | $98,800 | $622 |
More for people moving to Mountain Lake
Mountain Lake ZIP code ›Weather and climate ›Living in Mountain Lake: FAQ
What is the median household income in Mountain Lake, MN?
The median household income in Mountain Lake is $66,490, 25% 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 Mountain Lake?
The median home value in Mountain Lake is $143,100, compared with $329,300 in Minnesota.
How much is rent in Mountain Lake?
The median gross rent in Mountain Lake is $929 per month, about 22% of household income.
Is Mountain Lake, MN a good place to live?
Pluses: home values 57% lower than the state median; an average commute of 14 minutes; unemployment of 2.5%. Minuses: median household income 25% lower than the Minnesota median; a poverty rate of 14.3%.
What is the median age in Mountain Lake?
The median age in Mountain Lake is 31.5 years (Minnesota: 38.8).
How long is the commute in Mountain Lake?
The average commute to work in Mountain Lake is 14 minutes; 8.8% of workers work from home.
What is the unemployment rate in Mountain Lake?
The unemployment rate in Mountain Lake is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mountain Lake?
21.3% of adults in Mountain 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.
Last updated: