Market insights · Minnesota
Lake County, MN: growth, migration and housing
Lake County has 10,746 residents, down 1.6% since 2020 (-0.1% in the last year). In 2022–2023, 263 households moved in and 323 moved out (-60 net), while a net $1.2M of income left. Median household income is $75,541, the median home $241,300 and median rent $1,093 a month.
In Minnesota: 71st of 87 counties for 5-year population growth · 76th of 87 counties for net in-migration (per resident) · 37th of 87 counties for median household income · 39th of 87 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Lake County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| St. Louis County, MN | 78 | $4.6M |
| Hennepin County, MN | 21 | $1.7M |
Where leavers went
Top counties by households leaving Lake County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| St. Louis County, MN | 126 | $7.6M |
BizyFi in Lake County
No companies in the BizyFi directory are based here yet. Search them on the company map (company names with a free account), or browse Minnesota companies.
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.