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AREA INFORMATION

Prior Lake, MN

Explore the real estate in Prior Lake, MN

Area Highlights

Prior Lake, MN residents have a median age of 39.4 years old, with employment highest in the food and personal care industries.

28,033 Population

The population has increased by 1.5% since the year 2010.

10,808 Households

$116,841 /yr
Median Household Income

$410,000
Median Home Sale Price

23m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

39.4 Median Age

Average Household Size

2.6
persons per
household

63.2%

Married Households

Community Population By Education

Bachelors Degree 37%
Some College 21%
Associates Degree 14%
Graduate Degree 13%
High School Graduate 13%
Some High School 2%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 37.27% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
39% of households have children

Economics

$116,841 /yr
Median Household Income
$410,000
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 23.5% of the households.

Transportation to Work

  • Drive 81%
  • Work from Home 17%
  • Public Transit 2%
  • Walk or Bike 1%

Occupancy by Type

Owned 9,415 84%
Rented 1,393 12%
Vacant 466 4%

White vs Blue Collar Jobs







White Collar 81%
Blue Collar 19%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 39.4 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 82%
Asian 5%
Hispanic 3%
Black 3%
Native American 3%
Other 1%
The most prevalent ethnicity is White at 82%, followed by Asian at 5%, Hispanic at 3%, and Black at 3%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

83° July
Hottest Average Month
3° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
3°
22°
Feb
8°
28°
Mar
21°
40°
Apr
35°
57°
May
47°
70°
Jun
57°
79°
Jul
61°
83°
Aug
59°
81°
Sep
50°
72°
Oct
39°
60°
Nov
24°
41°
Dec
10°
27°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

Price On Request
For sale
5 beds • 3 baths • 2,621 sqft

1878 Rainer Drive Plan: The Henry
Shakopee, MN 55379

Price On Request
For sale
4 beds • 2 baths • 1 half baths • 1,977 sqft

1916 Highview Terrace Plan: The Princeton Lower Level
Shakopee, MN 55379

Price On Request
For sale
4 beds • 2 baths • 1 half baths • 1,695 sqft

1916 Highview Terrace Plan: The Duet Lower Level
Shakopee, MN 55379

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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