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The Lakes, MN Real Estate

The Lakes, Minnesota is located in Murray County. Nearby cities and towns include Currie, Garvin, Tracy, Dovray, Balaton, Slayton, Hadley, Walnut Grove, Avoca, Westbrook, Lake Wilson, Iona, Russell, Revere, Florence, Chandler, Fulda, Lynd, Ruthton, Storden, Milroy, Woodstock, Marshall, Lamberton, Tyler, Dundee, Lucan, Holland, and Kinbrae. The Lakes is a rural community with a population of 678. The median household income is $47,499. In The Lakes, 65% of residents are married, and families with children reside in 17% of the households. Half the population of The Lakes commutes 18 minutes or less to work, with 53% of residents holding white collar jobs and 47% residents holding blue collar jobs. The median age of homes in The Lakes, MN is 35 years, with 46% of those homes owned, 5% rented, and 49% not occupied. In the previous year, 3 The Lakes properties were sold. The median sale price of a home in The Lakes in the previous year was $253,333.

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The Lakes, MN Local Market & Demographic Data

Married vs. single

The Lakes, MN
  • 35% Single
  • 65% Married
  • 47% Single
  • 53% Married

Male VS. Female

The Lakes, MN
  • 49% Female
  • 51% Male
  • 50% Female
  • 50% Male

Average Age of Citizens in The Lakes, MN

  • 48
  • 38
  • The Lakes, MN
  • Minnesota

Average Age of Homes in The Lakes, MN

  • 35
  • 31
  • The Lakes, MN
  • Minnesota

Vacant Homes in The Lakes, MN

  • 49%
  • 12%
  • The Lakes, MN
  • Minnesota

Average INCOME of Citizens

  • $57,089
  • $75,284
  • The Lakes, MN
  • Minnesota

Owned Homes vs. Rented Homes

The Lakes, MN
  • 46% Owned
  • 5% Rented
  • 63% Owned
  • 25% Rented