Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

379 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: $1,952

Average Rent as Percentage of Gross Income

Median rent for 2018: $1,105

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $99,756
--Home Prepared Food $56,212
--Restaurant/Takeaway Food $43,544
Alcoholic Beverages $7,323
Housing $252,855
--Rent/Mortgage/Upkeep/Taxes $147,853
--Utilities $50,967
--Operations $19,199
--Supplies $9,402
--Furnishings $25,533
Apparel $23,455
--Men & Boys $5,245
--Women & Girls $9,501
--Children < 2 $99
--Footwear $4,948
Transportation $122,815
--New Vehicles $22,960
--Used Vehicles $26,226
--Fuel $26,523
--Insurance $12,272
--Public Transit $10,292
Healthcare $62,546
Entertainment $40,576
--Pets $8,313
--Toys $1,979
Personal Care Products $9,699
Books & Literature $1,386
Education $17,715
Tobacco Products $4,354
Miscellaneous $12,470
Retirement $23,752
Non-health Insurance $91,839
Total Expenditures $770,539

Selected Population Data

Period Geography Population
2014 Prior Lake city, Minnesota 23,956
2015 Prior Lake city, Minnesota 24,402
2016 Prior Lake city, Minnesota 24,997
2017 Prior Lake city, Minnesota 25,452
2018 Prior Lake city, Minnesota 25,880