Skip to main content

MN area data

Lake Park, MN

Lake Park, MN.

Population: 2,752 (Census ACS)

Home values & appreciation

Median home value
$424,191
1-year appreciation
+4.1%
3-year appreciation
+10.2%
5-year appreciation
+35.3%
10-year appreciation
+94.0%
All-time peak (2026-07)
$424,191
House Price Index
429.3 (+3.3% YoY)

Market activity

New listings (monthly)
5

Rents

2-bedroom fair-market rent (HUD reference)
$970/mo
3BR fair-market rent
$1,270/mo

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
0
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
winterWeather

Climate (30-year normals)

Annual precipitation
28.1 in

Air quality

Air quality rating
Good
Median AQI (annual)
44
Days with Good air quality
224
Days with Unhealthy air quality
2

Amenities

Nearest airport
Kaiser's Airstrip (7 mi)
Nearest major airport
Hector International Airport (FAR) (34 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+20 tax filers

Housing stock

Median year housing built
1,983
Median annual property tax
$2,284
Mean commute to work
27 min
Households with broadband internet
69.9%

Employment & development

Total county employment
11,709
Average weekly wage
$944
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
120

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents