Median Household Income
$134,255 ± $11,762
Median Home Value
$450,700 ± $15,127
Median Gross Rent
$1,654 ± $146/mo
Per Capita Income
$62,573
Poverty Rate
3.1%
Unemployment Rate
1.5%
Homeownership Rate
86.2%
Bachelor's Degree or Higher
52.4%
Median Age
39.6
Average Commute
19 min
Households
9,976
Veterans
1,306
Population Over Time
Prior Lake grew 16.9% from 2014 to 2024.
2014
23,956
2016
24,997
2018
25,880
2020
26,775
2022
27,608
2024
28,016
Population by Race & Ethnicity
White
80.8%
Hispanic or Latino
5.8%
Black or African American
2.2%
Asian
5.5%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.