What is the median household income in Lake Shore, MN?
The median household income in Lake Shore, MN is $96,563 (±$10,762) a year (2020–2024 American Community Survey).
In Lake Shore, the median household income went from $90,263 in 2015–2019 to $96,563 in 2020–2024 (+7.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $96,563 (±$10,762)
Income in Lake Shore against Cass County, its state and the nation
| Lake Shore | Cass County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $96,563 (±$10,762) | $68,874 (±$2,502) | $89,062 (±$409) | $80,734 |
| Median renter household income | — | $40,815 (±$3,327) | $51,080 (±$531) | $52,966 |
| Median owner household income | $97,969 (±$13,381) | $74,365 (±$1,916) | $108,214 (±$476) | $100,009 |
| Median gross rent | — | $863 (±$45) | $1,280 (±$7) | $1,413 |
In Lake Shore, median household income is higher than in Cass County ($68,874).
It is not measurably different from Minnesota ($89,062).
It is higher than the national figure ($80,734).
In Cass County, Lake Shore ranks 5 of 61 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 814 of 2,568.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $90,263 (±$11,230) | $96,563 (±$10,762) | +7.0% | No measurable change after inflation |
| Median home value | $376,000 (±$62,686) | $513,200 (±$67,957) | +36.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Lake Shore
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Lake Shore | — | $96,563 (±$10,762) | — |
| Nisswa | 3.3 mi | $100,000 (±$34,379) | Not measurably different |
| Home Brook Township | 4.3 mi | $56,250 (±$22,619) | Lower |
| Loon Lake Township | 6.1 mi | $75,313 (±$17,931) | Lower |
| Fairview Township (Cass County) | 6.9 mi | $113,646 (±$10,013) | Higher |
| Pequot Lakes | 6.9 mi | $63,699 (±$8,014) | Lower |
| Lake Edward Township | 7.4 mi | $82,292 (±$14,854) | Not measurably different |
| East Gull Lake | 7.4 mi | $123,333 (±$18,866) | Higher |
| Maple Township | 8.1 mi | $73,438 (±$26,793) | Not measurably different |
Nearby places with a measurably lower figure: Home Brook Township, MN ($56,250), Loon Lake Township, MN ($75,313), Pequot Lakes, MN ($63,699).
Nearby places with a measurably higher figure: Fairview Township (Cass County), MN ($113,646), East Gull Lake, MN ($123,333).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Cass County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | East Gull Lake | $123,333 (±$18,866) |
| 2 | Bull Moose Township | $116,250 (±$34,329) |
| 3 | Fairview Township (Cass County) | $113,646 (±$10,013) |
| 4 | Chickamaw Beach | $110,000 (±$56,216) |
| 5 | Lake Shore | $96,563 (±$10,762) |
| 6 | Sylvan Township | $95,354 (±$7,185) |
| 7 | Otter Tail Peninsula Township | $93,750 (±$45,012) |
| 8 | Rogers Township | $83,750 (±$60,036) |
| 9 | Turtle Lake Township (Cass County) | $80,208 (±$11,886) |
| 10 | Slater Township | $79,688 (±$11,680) |
| 11 | Ponto Lake Township | $79,318 (±$10,618) |
Showing 11 of 61 places in Cass County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Shore
What is the median household income in Lake Shore?
The median household income in Lake Shore is $96,563 (±$10,762) a year (2020–2024 American Community Survey).
Have incomes in Lake Shore kept up with inflation?
In Lake Shore, the median household income went from $90,263 in 2015–2019 to $96,563 in 2020–2024 (+7.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake Shore city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Shore city, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Shore city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake Shore city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Shore city, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake Shore city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Shore city, Minnesota (place:34928, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lake Shore at a glance
- Home values in Lake Shore
- Homeowner costs in Lake Shore
- Property taxes in Lake Shore
- Types of homes in Lake Shore
- Bedrooms in Lake Shore
- Age of homes in Lake Shore
- Heating fuel in Lake Shore
- Commute and cars in Lake Shore
- Crime reported to police in Lake Shore
- Population growth in Lake Shore
- How long people stay in Lake Shore
- Minnesota landlord and tenant rules
- Housing across Cass County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota