Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

23 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $944

Average Rent as Percentage of Gross Income

Median rent for 2018: $586

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $1,204
--Home Prepared Food $678
--Restaurant/Takeaway Food $526
Alcoholic Beverages $88
Housing $3,052
--Rent/Mortgage/Upkeep/Taxes $1,784
--Utilities $615
--Operations $232
--Supplies $113
--Furnishings $308
Apparel $283
--Men & Boys $63
--Women & Girls $115
--Children < 2 $1
--Footwear $60
Transportation $1,482
--New Vehicles $277
--Used Vehicles $317
--Fuel $320
--Insurance $148
--Public Transit $124
Healthcare $755
Entertainment $490
--Pets $100
--Toys $24
Personal Care Products $117
Books & Literature $17
Education $214
Tobacco Products $53
Miscellaneous $150
Retirement $287
Non-health Insurance $1,108
Total Expenditures $9,299

Selected Population Data

Period Geography Population
2014 Balaton city, Minnesota 575
2015 Balaton city, Minnesota 524
2016 Balaton city, Minnesota 550
2017 Balaton city, Minnesota 590
2018 Balaton city, Minnesota 602