Prior Lake is a medium-sized city located in the state of Minnesota. With a population of 28,027 people and seven associated neighborhoods, Prior Lake is the 36th largest community in Minnesota. Prior Lake real estate is some of the most expensive in Minnesota, although Prior Lake house values don't compare to the most expensive real estate in the U.S.Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Prior Lake is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Prior Lake is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Prior Lake who work in management occupations (14.37%), sales jobs (12.90%), and office and administrative support (9.63%). Also of interest is that Prior Lake has more people living here who work in computers and math than 95% of the places in the US. Telecommuters are a relatively large percentage of the workforce: 20.38% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Because of many things, Prior Lake is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Prior Lake really has some of the features that families look for when choosing a good community to raise children. Is Prior Lake perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.Do you like to read, write and learn? If you move to Prior Lake, you'll likely find that many of your neighbors like to as well. Prior Lake is one of the more educated communities in America, with a full 51.71% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%. The per capita income in Prior Lake in 2022 was $62,432, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $249,728 for a family of four. Prior Lake is a somewhat ethnically-diverse city. The people who call Prior Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Prior Lake residents report their race to be White, followed by Asian. Important ancestries of people in Prior Lake include German, Norwegian, Irish, Swedish, and Polish. The most common language spoken in Prior Lake is English. Other important languages spoken here include Spanish and Slavic languages.