Living in Twin Lakes, Minnesota
Cost of living, income, home prices, rent and demographics of Twin Lakes · Census data 2020–2024
Twin Lakes has 197 residents with a median age of 40.8. The median household income is $72,500 (19% lower than the Minnesota median), the median home value is $244,100.
Twin Lakes is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Twin Lakes at a glance
- Population
- 197
- Median age
- 40.8State: 38.8
- Median household income
- $72,500State: $89,062
- Median home value
- $244,100State: $329,300
- Homeowners
- 88.1%
- Bachelor's degree or higher
- 21.5%
- Average commute
- 26 min
Is Twin Lakes a good place to live?
Pros: Home values 26% lower than the state median; unemployment of 3.9%.
Cons: Median household income 19% lower than the Minnesota median; an average commute of 26 minutes; a poverty rate of 25.8%.
The weather is best in June to September.
Cost of living in Twin Lakes
Housing is the biggest part of the cost of living. In Twin Lakes the median home value is $244,100, 27% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,875 a month in housing costs.
Twin Lakes median household income
The median household income in Twin Lakes is $72,500 and the income per person is $33,113. 25.8% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Twin Lakes: homes for sale and rent
- Housing units
- 197
- Owner-occupied
- 88.1%
- Renter-occupied
- 11.9%
- Vacant
- 57.4%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.35
57.4% of homes are vacant most of the year, a sign that Twin Lakes has many vacation and second homes.
Twin Lakes demographics
- Population
- 197
- Median age
- 40.8
- Under 18
- 28.4%
- 65 and older
- 25.9%
- Households
- 84
- Foreign-born
- 0%
- Veterans
- 13.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Twin Lakes ›
Education in Twin Lakes
21.5% of adults 25 and older in Twin Lakes have a bachelor's degree or higher (Minnesota: 39.4%), and 6.6% have a graduate or professional degree.
Jobs and commute in Twin Lakes
- Unemployment rate
- 3.9%State: 4.1%
- Average commute
- 26 minState: 23 min
- Work from home
- 6.7%
- Drive alone
- 78.3%
- Public transit
- 6.7%
- Walk to work
- 3.3%
- Homes with broadband
- 89.3%
Twin Lakes vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Twin Lakes | 197 | $72,500 | $244,100 | — |
| Naytahwaush | 478 | $37,917 | $88,800 | $383 |
| Rice Lake | 244 | $41,136 | $18,800 | $500 |
| White Earth | 506 | $17,450 | — | $300 |
| Waubun | 419 | $58,036 | $77,900 | $650 |
| Ogema | 257 | $55,250 | $73,000 | $700 |
| Riverland | 239 | $51,250 | — | $458 |
| Mahnomen | 1,049 | $45,341 | $83,200 | $753 |
More for people moving to Twin Lakes
Twin Lakes ZIP code ›Weather and climate ›Living in Twin Lakes: FAQ
What is the median household income in Twin Lakes, MN?
The median household income in Twin Lakes is $72,500, 19% 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 Twin Lakes?
The median home value in Twin Lakes is $244,100, compared with $329,300 in Minnesota.
Is Twin Lakes, MN a good place to live?
Pluses: home values 26% lower than the state median; unemployment of 3.9%. Minuses: median household income 19% lower than the Minnesota median; an average commute of 26 minutes; a poverty rate of 25.8%.
What is the median age in Twin Lakes?
The median age in Twin Lakes is 40.8 years (Minnesota: 38.8).
How long is the commute in Twin Lakes?
The average commute to work in Twin Lakes is 26 minutes; 6.7% of workers work from home.
What is the unemployment rate in Twin Lakes?
The unemployment rate in Twin Lakes is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Twin Lakes?
21.5% of adults in Twin Lakes 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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