Housing data for Lake Township (Wabasha County), MN
Lake Township (Wabasha County), MN has an estimated 442 residents and 195 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Wabasha County.
11.5% of households rent.
The median gross rent is $1,000 a month.
Figures last updated on .
- Residents
- 442 (±69)
- Housing units
- 195 (±30)
- Households that rent
- 11.5%
- Median gross rent
- $1,000
- Residents since 2015–2019
- −16.3%
What stands out in Lake Township (Wabasha County)
Median home value: $372,100 (±$39,005) in Lake Township (Wabasha County), higher than in Wabasha County ($264,400).
Median real estate taxes: $3,478 (±$243) in Lake Township (Wabasha County), higher than in Wabasha County ($2,785).
Homes built before 1980: 43.6% (±11.1 points) in Lake Township (Wabasha County), lower than in Wabasha County (55.2%).
Housing in Lake Township (Wabasha County) at a glance
- Median rent: $1,000 median gross rent a month (Small sample: wide margin of error)
- Rent burden: 0.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 11.5% of households rent (Small sample: wide margin of error)
- Income and affordability: $96,750 median household income (Small sample: wide margin of error)
- Home values: $372,100 median home value
- Homeowner costs: $2,225 median monthly cost with a mortgage
- Property taxes: $3,478 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units (Small sample: wide margin of error)
- Bedrooms: 89.7% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 43.6% of homes were built before 1980 (Small sample: wide margin of error)
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 57.6% heat with propane (Small sample: wide margin of error)
- Commute and cars: 21.2 minutes average trip to work
- Growth: −16.3% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 15.1% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 0.5% of homes have more than 1 person per room (Small sample: wide margin of error)
Lake Township (Wabasha County) against Wabasha County, its state and the nation
| Lake Township (Wabasha County) | Wabasha County | Minnesota | United States | |
|---|---|---|---|---|
| Residents | 442 (±69) | 21,565 (exact) | 5,739,445 (exact) | 334,922,499 |
| Housing units | 195 (±30) | 10,291 (±61) | 2,545,030 (±1,535) | 143,775,355 |
| Households that rent | 11.5% (±7.9 points) | 16.7% (±1.7 points) | 27.8% (±0.2 points) | 34.8% |
| Median gross rent | $1,000 (±$531) | $830 (±$52) | $1,280 (±$7) | $1,413 |
| Median household income | $96,750 (±$17,763) | $82,007 (±$3,223) | $89,062 (±$409) | $80,734 |
| Median home value | $372,100 (±$39,005) | $264,400 (±$8,354) | $329,300 (±$903) | $332,700 |
| Median real estate taxes (a year) | $3,478 (±$243) | $2,785 (±$80) | $3,357 (±$10) | $3,119 |
| Built before 1980 | 43.6% (±11.1 points) | 55.2% (±3.1 points) | 52.1% (±0.3 points) | 49.7% |
| Average commute | 21.2 minutes (±3.7) | 24.2 minutes (±0.9) | 22.7 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 82.2% (±8.0 points) | 85.9% (±1.7 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 52.6 years (±2.7) | 45.2 years (±0.4) | 38.8 years (±0.1) | 38.9 years |
Lake Township (Wabasha County) covers 24.6 square miles of land, about 18 residents per square mile (Census Bureau Gazetteer).
How Lake Township (Wabasha County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 528 (±97) | 442 (±69) | −16.3% | Not a measurable change |
| Housing units | 229 (±38) | 195 (±30) | −14.8% | Not a measurable change |
| Median gross rent | $1,375 (±$312) | $1,000 (±$531) | −27.3% | Down after inflation |
| Median home value | $306,100 (±$40,568) | $372,100 (±$39,005) | +21.6% | No measurable change after inflation |
| Median household income | $92,292 (±$12,651) | $96,750 (±$17,763) | +4.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,058 (±$424) | $2,225 (±$230) | +8.1% | No measurable change after inflation |
| Median real estate taxes | $2,908 (±$419) | $3,478 (±$243) | +19.6% | No measurable change after inflation |
| Households that rent | 8.5% (±5.7 points) | 11.5% (±7.9 points) | +3.0 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±51.3 points) | 0.0% (±52.6 points) | 0.0 percentage points | Not a measurable change |
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.
Crime reported to police in Wabasha County
Lake Township (Wabasha County) has no police department of its own in the FBI’s figures, so this is the figure for Wabasha County as a whole.
In 2025, the police departments that report for Wabasha County recorded 35 violent and 249 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Lake Township (Wabasha County)
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 55041 | 17% | 7,510 | $881 | $275,200 | $78,672 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Lake Township (Wabasha County)
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| West Albany Township | 3.5 mi | $950 | $384,200 | 17.6% |
| Lake City | 4.2 mi | $871 | $238,700 | 20.8% |
| Mount Pleasant Township | 4.8 mi | $930 | $393,600 | 11.6% |
| Pepin Township | 5.8 mi | $1,056 | $303,400 | 11.6% |
| Pepin | 6.4 mi | $844 | $209,400 | 22.2% |
| Gillford Township | 7.1 mi | $750 | $258,900 | 16.9% |
| Stockholm | 7.2 mi | — | $287,500 | 0.0% |
| Glasgow Township | 7.3 mi | — | $335,200 | 4.4% |
Places in Minnesota most like Lake Township (Wabasha County)
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| La Grand Township | $1,050 | $384,600 | $94,122 | 9.0% |
| La Crescent Township | $930 | $373,600 | $110,417 | 10.6% |
| Canosia Township | $1,167 | $374,800 | $87,667 | 12.8% |
| Sauk Centre Township | $889 | $314,700 | $98,611 | 8.8% |
| Erdahl Township | $1,125 | $403,700 | $105,250 | 9.7% |
| Watab Township | $959 | $318,200 | $99,018 | 4.7% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Minnesota.
HUD Fair Market Rent for Lake Township (Wabasha County), fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $894 | $931 | $1,014 | $1,328 | $1,512 |
HUD income limits for Lake Township (Wabasha County), fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $22,550 | $37,600 | $60,150 |
| 2 people | $25,800 | $43,000 | $68,750 |
| 3 people | $29,000 | $48,350 | $77,350 |
| 4 people | $33,000 | $53,700 | $85,900 |
| 5 people | $38,680 | $58,000 | $92,800 |
| 6 people | $44,360 | $62,300 | $99,650 |
| 7 people | $50,040 | $66,600 | $106,550 |
| 8 people | $55,720 | $70,900 | $113,400 |
These are the limits HUD sets for its housing programs in the Wabasha County, MN HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $107,400.
A program can use its own limits; tax-credit and local programs often do.
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 Township (Wabasha County)
What is the average home value in Lake Township (Wabasha County), MN?
The Census Bureau publishes the median: $372,100 (±$39,005) for owner-occupied homes in Lake Township (Wabasha County) (2020–2024 American Community Survey).
What is the average mortgage payment in Lake Township (Wabasha County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lake Township (Wabasha County), MN is $2,225 (±$230) a month, including taxes, insurance and utilities.
How much are property taxes in Lake Township (Wabasha County)?
The median real estate tax paid by homeowners in Lake Township (Wabasha County), MN is $3,478 (±$243) a year (2020–2024 American Community Survey).
How long is the average commute in Lake Township (Wabasha County)?
Workers who live in Lake Township (Wabasha County), MN take an average of 21.2 minutes each way (2020–2024 American Community Survey).
Is Lake Township (Wabasha County) growing?
In Lake Township (Wabasha County), the number of residents went from 528 in 2015–2019 to 442 in 2020–2024 (−16.3%), not a measurable change.
What ZIP codes are in Lake Township (Wabasha County)?
The ZIP code that covers Lake Township (Wabasha County) is 55041.
What is the median rent in ZIP code 55041?
The median gross rent in ZIP Code Tabulation Area 55041 is $881 (±$81) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lake township, Wabasha County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake township, Wabasha County, Minnesota
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake township, Wabasha County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lake township, Wabasha County, Minnesota
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Lake township, Wabasha County, Minnesota
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lake township, Wabasha County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake township, Wabasha County, Minnesota
- HUD Fair Market Rents, fiscal year 2027: Wabasha County, MN HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Wabasha County, MN HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Lake township, Wabasha County, Minnesota (county subdivision:34028, in state:27 county:157).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .