Balaton, MNPublished Date: November 21, 2024Balaton is located in Lyon County, Minnesota and has a population of 548. The poverty rate in Balaton is 15.5% and is higher than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Balaton is 7.7% while the Lyon County unemployment rate is 3%.
| | Population | |
|---|
| Male | | 54% |
| Female | | 46% |
| | Median Age (city/county) | |
|---|
| Balaton | | 39.1 |
| Lyon | | 36.8 |
| | Median Household Income (city/county) | |
|---|
| Balaton | | $53,333 |
| Lyon | | $68,919 |
| | Median Home Value (city/county) | |
|---|
| Balaton | | $80,000 |
| Lyon | | $179,264 |
| | Median Rent (city/county) | |
|---|
| Balaton | | $1,025 |
| Lyon | | $718 |
| | Poverty Rate (city/county) | |
|---|
| Balaton | | 15.5% |
| Lyon | | 12.4% |
Races and Ethnicity
▩ White 93.2%
▩ Black or African American 0%
▩ Asian 0%
▩ Native 0%
▩ Pacific 0%
▩ Other 0.7%
▩ Hispanic 0.7%
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