Groundwork

County profile · Minnesota

Lake County, MN market data

Population, household spending and competition for 56 business types in Lake County, each scored against other counties.

Population, 2025
10,746
−1.6% since 2020
Households
4,942
Median household income
$75,541
+22.9% vs. 2015–2019, before inflation
Median home value
$241,300
Jobs located here
3,658
Highest market score
66
Salons, barbers and spas, #404 of 2,385 scored counties

A site report maps the competitors on map listings around any address in Lake County by name and distance, and the households and spending within reach. Or open the report at the center of Lake County. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

An estimated 10,746 people live in Lake County, in 4,942 households. Population estimates show Lake County declined 1.6% from 2020 to 2025, against +3.1% for the U.S. The median household income in Lake County is $75,541 a year, 6% below the U.S. median of $80,734. That rose 22.9% from the 2015–2019 survey, before inflation.

Set against the U.S., households in Lake County spend the most on vehicle maintenance and repairs (an index of 120, where 100 is the U.S. average) and the least on child care and other personal services (63).

The highest Groundwork market scores in Lake County are for salons, barbers and spas (66); medical and dental practices (65); and real estate businesses (57). Lake County ranks #404 of 2,385 scored counties for salons, barbers and spas.

For its number of households, Lake County has the most map listings, relative to the U.S., for coffee shops and cafes (2.6 times the U.S. rate) and the fewest for salons, barbers and spas (57% below the U.S. rate).

All 56 business types in Lake County

Highest Groundwork market score first. Each score compares Lake County with other counties for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Lake County, MN, highest Groundwork market score first, with its rank among counties, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among countiesListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Salons, barbers and spas66#404 of 2,3851020.2$471K2213
Doctors, dentists and clinics65#525 of 2,3942040.5$334K219Under 3
Real estate57#701 of 2,229612.1Index only2584
Clothing, shoes and laundry57#800 of 2,210612.1$1.5M175Under 3
Hair salons50#1,159 of 2,339918.2$523K1223
Auto repair and car care50#1,227 of 2,4012040.5$283K1058
Gas stations48#1,252 of 2,358612.1$2.4M1027
Real estate agents and brokers47#1,196 of 2,176612.1Index only2054
Insurance agencies42#1,392 of 2,272612.1$1.5M1174
Auto repair shops42#1,551 of 2,3781326.3$436K987
Pizza40#1,449 of 2,090612.1$3.1M608
Pet businesses40#1,521 of 2,200612.1$664K76Under 3
Sit-down restaurants36#1,790 of 2,4052550.6$737K11115
Grocery and convenience stores31#1,927 of 2,4021530.4$2M58Under 3
Gyms, studios and classes30#1,784 of 2,088816.2$495K75Under 3
Gyms27#1,566 of 1,792510.1$792K61Under 3
Bakeries and dessert shops27#1,700 of 1,889816.2$2.3M563
Restaurants and cafes27#2,126 of 2,40558117.4$318K8626
Coffee shops and cafes25#1,893 of 2,0631428.3$1.3M363
Convenience stores24#1,961 of 2,2611020.2$2.9M37Under 3
Home repair tradesNot scoredNot scored48.1$3.2M1319
Clothing and shoe storesNot scoredNot scored36.1$3.1M243Under 3
Fast food and sandwich shopsNot scoredNot scored36.1$6.1M2018
Grocery storesNot scoredNot scored36.1$9.8M105Under 3
Lawn, cleaning and pest controlNot scoredNot scored36.1$1.9M1158
VeterinariansNot scoredNot scored36.1$1.3M49Under 3
Collision repair and body shopsNot scoredNot scored24.0$2.8MToo fewUnder 3
Dentists and orthodontistsNot scoredNot scored24.0$3.3MToo fewUnder 3
ElectriciansNot scoredNot scored24.0$6.4MToo few5
HVAC and plumbingNot scoredNot scored24.0$6.4MToo few4
Landscaping and lawn careNot scoredNot scored24.0$2.9MToo few4
LaundromatsNot scoredNot scored24.0$4.6MToo fewUnder 3
Optometrists and eye careNot scoredNot scored24.0$3.3MToo fewUnder 3
Pet grooming and boardingNot scoredNot scored24.0$2MToo fewUnder 3
Primary care and pediatricsNot scoredNot scored24.0$3.3MToo fewUnder 3
Yoga, Pilates and fitness studiosNot scoredNot scored24.0$2MToo fewUnder 3
BarbershopsNot scoredNot scored12.0$4.7MToo fewUnder 3
Car washes and detailingNot scoredNot scored12.0$5.7MToo fewUnder 3
Child care and preschoolsNot scoredNot scored12.0$1.8MToo fewUnder 3
ChiropractorsNot scoredNot scored12.0$6.7MToo fewUnder 3
Funeral homesNot scoredNot scored12.0$970KToo fewUnder 3
House cleaningNot scoredNot scored12.0$5.8MToo few4
Martial arts and dance studiosNot scoredNot scored12.0$4MToo fewUnder 3
Pet storesNot scoredNot scored12.0$4MToo fewUnder 3
Physical therapyNot scoredNot scored12.0$6.7MToo fewUnder 3
Tire shopsNot scoredNot scored12.0$5.7MToo fewUnder 3
Dry cleanersNot scoredNot scored00.0None listedNone listedUnder 3
Home inspectorsNot scoredNot scored00.0None listedNone listedUnder 3
Mortgage brokers and lendersNot scoredNot scored00.0None listedNone listedUnder 3
Nail salonsNot scoredNot scored00.0None listedNone listedUnder 3
Oil change and quick lubeNot scoredNot scored00.0None listedNone listedUnder 3
Pest controlNot scoredNot scored00.0None listedNone listedUnder 3
Property managementNot scoredNot scored00.0None listedNone listedUnder 3
Roofing and guttersNot scoredNot scored00.0None listedNone listedUnder 3
Spas and skin careNot scoredNot scored00.0None listedNone listedUnder 3
Urgent care and walk-in clinicsNot scoredNot scored00.0None listedNone listedUnder 3

Household spending in Lake County

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Lake County, MN by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$5.7M$1,147120
Gasoline and other fuels$14.6M$2,946114
Food away from home$18.4M$3,72692
Groceries$29.3M$5,92194
Personal care products and services$4.7M$95295
Child care and other personal services$1.8M$36863
Memberships, classes and admissions$4M$80181
Medical and dental services$6.7M$1,353105
Pets$4M$80689
Clothing, shoes and related services$9.3M$1,87391
Vehicle insurance$8.8M$1,78291
Home repairs, maintenance and insurance$12.7M$2,57585
Lawn care, cleaning and other household services$5.8M$1,17483
Rent and homeowner costs$67.1M$13,56881

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

Population and households in Lake County

Population, 2025 estimate
10,746−1.6% since 2020
Households
4,942
Median age
49.6
Homes lived in by their owners
83%
Vehicles per household
2.0
Land area
2,109 sq. mi.
People per square mile
5
Median household income
$75,541+22.9% vs. 2015–2019, before inflation
Average household income
$89,384
Median home value
$241,300
Jobs located here
3,658
Daytime population
9,997Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Lake County?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the competitors on map listings by name and distance, for any of the 56 business types.

Or open the report at the center of Lake County. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Questions

How fast is Lake County, MN growing?

Population estimates put Lake County at 10,746 people in 2025, down 1.6% since 2020, against +3.1% for the U.S. It has 4,942 households. Against the 2015–2019 survey, median household income rose 22.9%, before inflation.

How much do households in Lake County, MN spend?

Households in Lake County spend about $67.1M a year on rent and homeowner costs, $29.3M on groceries and $18.4M on food away from home. Relative to the U.S., household spending in Lake County runs highest on vehicle maintenance and repairs (an index of 120, where 100 is the U.S. average) and lowest on child care and other personal services (63).

Which business types have the highest market scores in Lake County, MN?

Of the business types scored in Lake County, salons, barbers and spas (66); medical and dental practices (65); and real estate businesses (57) have the highest Groundwork market scores. For salons, barbers and spas, that ranks #404 of 2,385 scored counties.

How does Lake County, MN compare with the U.S.?

Median household income in Lake County is $75,541, 6% below the U.S. median of $80,734. The population fell 1.6% from 2020 to 2025, against +3.1% for the U.S. The median home value is $241,300, against $332,700 for the U.S. Against the U.S., map listings per household run highest for coffee shops and cafes (2.6 times the U.S. rate) and lowest for salons, barbers and spas (57% below the U.S. rate).

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. 20 of the 56 business types have a score in Lake County, each ranked against other counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Lake County. It maps the competitors on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

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Screening a site or an acquisition in Lake County?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Lake County. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.