Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

10 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: $925

Average Rent as Percentage of Gross Income

Median rent for 2018: $495

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $1,468
--Home Prepared Food $827
--Restaurant/Takeaway Food $641
Alcoholic Beverages $108
Housing $3,720
--Rent/Mortgage/Upkeep/Taxes $2,175
--Utilities $750
--Operations $282
--Supplies $138
--Furnishings $376
Apparel $345
--Men & Boys $77
--Women & Girls $140
--Children < 2 $1
--Footwear $73
Transportation $1,807
--New Vehicles $338
--Used Vehicles $386
--Fuel $390
--Insurance $181
--Public Transit $151
Healthcare $920
Entertainment $597
--Pets $122
--Toys $29
Personal Care Products $143
Books & Literature $20
Education $261
Tobacco Products $64
Miscellaneous $183
Retirement $349
Non-health Insurance $1,351
Total Expenditures $11,336

Selected Population Data

Period Geography Population
2014 Lake Benton city, Minnesota 669
2015 Lake Benton city, Minnesota 685
2016 Lake Benton city, Minnesota 693
2017 Lake Benton city, Minnesota 718
2018 Lake Benton city, Minnesota 677