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Lake Park, MN

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Lake Park is a tiny city located in the state of Minnesota. With a population of 714 people and just one neighborhood, Lake Park is the 422nd largest community in Minnesota. Much of the housing stock in Lake Park was built prior to World War II, making it one of the older and more historic cities in the country.

Lake Park real estate is some of the most expensive in Minnesota, although Lake Park house values don't compare to the most expensive real estate in the U.S.

Occupations and Workforce

Unlike some cities, Lake Park isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Lake Park are a mix of both white- and blue-collar jobs. Overall, Lake Park is a city of professionals, sales and office workers, and construction workers and builders. There are especially a lot of people living in Lake Park who work in office and administrative support (16.16%), healthcare (10.98%), and sales jobs (8.54%).

Setting & Lifestyle

One downside of living in Lake Park is that it can take a long time to commute to work. In Lake Park, the average commute to work is 31.89 minutes, which is quite a bit higher than the national average.

Lake Park is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

Demographics

The percentage of people in Lake Park who are college-educated is somewhat higher than the average US community of 21.84%: 28.32% of adults in Lake Park have at least a bachelor's degree.

The per capita income in Lake Park in 2022 was $32,229, which is lower middle income relative to Minnesota, and middle income relative to the rest of the US. This equates to an annual income of $128,916 for a family of four. However, Lake Park contains both very wealthy and poor people as well.

Lake Park is a somewhat ethnically-diverse city. The people who call Lake Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Park residents report their race to be White, followed by Asian. Important ancestries of people in Lake Park include German, Norwegian, Irish, Swedish, and European.

The most common language spoken in Lake Park is English. Other important languages spoken here include Native American languages and African languages.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 44.7% of the residential real estate vacant, the neighborhood claims the distinction of having a higher vacancy rate than 98.4% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, unpopulated, and rural, the neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 94.2% of the neighborhoods in America. One of the notable things about is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

People

If you're planning where to retire, the neighborhood in Lake Park is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in MN, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.3% of the neighborhoods in Minnesota. If you are considering retiring to Minnesota, this is a good neighborhood to look at.

Diversity

Did you know that the neighborhood has more Norwegian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.6% of this neighborhood's residents have Norwegian ancestry and 6.6% have Swedish ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the neighborhood in Lake Park are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.9% of the neighborhoods in America. In addition, 4.4% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 65.6% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the neighborhood, 45.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 21.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.1%), and 11.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 99.1% of households. Some people also speak Polish (2.1%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the neighborhood in Lake Park, MN, residents most commonly identify their ethnicity or ancestry as German (32.5%). There are also a number of people of Norwegian ancestry (30.6%), and residents who report Irish roots (7.3%), and some of the residents are also of Swedish ancestry (6.6%), along with some English ancestry residents (3.9%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 30 and 45 minutes commuting one-way to work (28.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (69.8%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (13.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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Economics & Demographics include:
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Migration & Mobility
Race & Ethnic Diversity
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Crime includes:
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Schools include:
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