Balaton, MN
December 23, 2024
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Balaton, MN




Balaton 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%




ZIP Codes in Balaton: 56115