What percentage of people rent in Mountain Lake, MN?
27.9% (±6.2 points) of the occupied homes in Mountain Lake, MN are rented (2020–2024 American Community Survey).
That is 210 renting households against 543 that own their home.
In Mountain Lake, the share of households that rent went from 33.9% in 2015–2019 to 27.9% in 2020–2024 (−6.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 27.9% (±6.2 points)
- Renting households
- 210 (±52)
- Median renter income
- $47,250 (±$16,045)
Who rents and who owns in Mountain Lake
| Mountain Lake | Cottonwood County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 27.9% (±6.2 points) | 25.6% (±3.0 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 210 (±52) | 1,184 (±149) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 543 (±74) | 3,446 (±161) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 2.7 (±0.5) | 2.3 (±0.2) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.2) | 2.4 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $47,250 (±$16,045) | $40,750 (±$9,360) | $51,080 (±$531) | $52,966 |
| Median owner household income | $76,382 (±$14,471) | $83,777 (±$3,622) | $108,214 (±$476) | $100,009 |
In Mountain Lake, the renter share is not measurably different from Cottonwood County (25.6%).
It is not measurably different from Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Cottonwood County, Mountain Lake ranks 5 of 24 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 314 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Mountain Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 33.9% (±5.7 points) | 27.9% (±6.2 points) | −6.0 percentage points | Not a measurable change |
| Median gross rent | $702 (±$225) | $929 (±$234) | +32.3% | No measurable change after inflation |
| Median household income | $40,054 (±$8,658) | $66,490 (±$8,769) | +66.0% | Up 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.
Households that rent in places near Mountain Lake
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Mountain Lake | — | 27.9% (±6.2 points) | — |
| Midway Township (Cottonwood County) | 3.2 mi | 9.2% (±11.7 points) | Lower |
| Mountain Lake Township | 4.0 mi | 2.8% (±4.7 points) | Lower |
| Bingham Lake | 6.2 mi | 12.2% (±12.1 points) | Lower |
| Carson Township | 6.4 mi | 9.2% (±8.2 points) | Lower |
| Butterfield | 6.8 mi | 15.8% (±12.0 points) | Not measurably different |
| Lakeside Township (Cottonwood County) | 7.2 mi | 0.7% (±1.3 points) | Lower |
| Odin Township | 7.2 mi | 5.4% (±7.9 points) | Lower |
| Butterfield Township | 7.5 mi | 5.1% (±4.9 points) | Lower |
Nearby places with a measurably lower figure: Midway Township (Cottonwood County), MN (9.2%), Mountain Lake Township, MN (2.8%), Bingham Lake, MN (12.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Cottonwood County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Westbrook | 38.5% (±8.9 points) |
| 2 | Windom | 31.5% (±5.7 points) |
| 3 | Germantown Township | 31.1% (±18.4 points) |
| 4 | Delton Township | 30.8% (±20.8 points) |
| 5 | Mountain Lake | 27.9% (±6.2 points) |
| 6 | Storden | 27.8% (±14.3 points) |
| 7 | Springfield Township | 24.4% (±20.1 points) |
| 8 | Great Bend Township | 23.9% (±15.3 points) |
| 9 | Southbrook Township | 16.7% (±22.8 points) |
| 10 | Selma Township | 15.8% (±10.9 points) |
| 11 | Storden Township | 15.7% (±8.8 points) |
Showing 11 of 24 places in Cottonwood 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.
What you can do on Seayora in Mountain Lake
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Questions about Mountain Lake
How many renters are there in Mountain Lake?
Mountain Lake has an estimated 210 (±52) renting households, 27.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Mountain Lake?
In Mountain Lake, the share of households that rent went from 33.9% in 2015–2019 to 27.9% in 2020–2024 (−6.0 percentage points), not a measurable change.
How big are renting households in Mountain Lake?
A renting household in Mountain Lake has 2.7 people on average, against 2.7 in an owned home.
How much do renters earn in Mountain Lake?
The median renting household in Mountain Lake, MN has an income of $47,250 (±$16,045) a year, against $76,382 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mountain Lake city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Mountain Lake city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Mountain Lake city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mountain Lake city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Mountain Lake 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 Mountain Lake city, Minnesota (place:44566, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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
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- Population growth in Mountain Lake
- How long people stay in Mountain Lake
- Minnesota landlord and tenant rules
- Housing across Cottonwood County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota