Everything You Should Know Before Moving to Lake Edwards, MN
Thinking of moving to Lake Edwards, MN? With a population of about 2,250, this scenic lakeside community offers affordable living—median homes are valued at $320,000 and average rent is around $1,200. Residents enjoy low crime rates, short 25-minute commutes, and abundant outdoor recreation. Educational attainment is high, and with 58% sunny days each year, Lake Edwards is perfect for those seeking a peaceful, active lifestyle in Minnesota’s beautiful lake country.
Demographics - Lake Edwards, MN
Demographics - Lake Edwards, MN
Lake Edwards is a small, close-knit community of about 2,250 residents, with a median age of nearly 50 and a population density that fosters a peaceful, spacious environment. The area is predominantly White, with a slight male majority, and most residents speak English at home, reflecting a traditional Midwestern demographic makeup.
Population:
2,250
Density:
55 per sq mi
Median Age:
49.6
Gender Ratio:
105 males per 100 females
Non-English Speakers Percentage:
3.1%
Ethnic Composition
White:
95.2%
Black:
0.6%
Asian:
0.5%
Others:
3.7%
Cost Of Living
What is the average cost of living in Lake Edwards, MN?
Living in Lake Edwards is affordable, with a median home value of $320,000 and average rents at $1,200, both below national averages. The cost of living index is 94.8, indicating lower daily expenses compared to much of the U.S., making it an attractive option for families and retirees alike.
Median House Value:
$320,000
Gross Rent:
$1,200
Monthly Electricity Charges:
$120
Auto Insurance:
$1,050
House Owner Cost With Mortgage:
$1,520
House Owner Cost Without Mortgage:
$520
State Taxes:
Low:
5.35%
|
High:
9.85%
Cost Of Living Index:
94.8
Grocery:
98.0
Housing:
89.0
Utilities:
96.5
Transportation:
94.5
Health Care:
100.2
Miscellaneous:
95.0
Crime
Is Lake Edwards, MN a safe place to live?
Lake Edwards enjoys a notably low crime rate, with violent crimes at just 95 per 100,000 residents and property crimes also below national averages. Residents benefit from a strong sense of security, with the chance of experiencing violent crime being about 1 in 1,052.
Violent Crimes Per 100k:
95
Property Crimes Per 100k:
1,110
Crime Index:
1,205
Chance Of Violent Crime:
1 in 1,052
Chance Of Property Crime:
1 in 90
Weather
What is the weather like in Lake Edwards, MN year-round?
The city experiences all four seasons, with cold winters dipping to -2°F and mild summers reaching up to 80°F. With 58% sunny days and an average annual rainfall of 26.5 inches, Lake Edwards offers a classic Minnesota climate ideal for outdoor enthusiasts.
Winter
Min:
-2°F
Max:
22°F
Spring
Min:
32°F
Max:
60°F
Summer
Min:
54°F
Max:
80°F
Fall
Min:
35°F
Max:
60°F
Average Rainfall Inches:
26.5 inches
Sunny Days Percentage:
58%
Neighbors
Lake Edwards' households typically earn around $69,250, and the poverty rate is relatively low at 7.8%. The community is well-educated, with over 94% having at least a high school diploma, and the average commute is a manageable 25 minutes.
Median Income:
$40,500
Household Income:
$69,250
Family Income:
$82,000
Per Capita Income:
$34,800
Income Male:
$45,500
Income Female:
$38,000
Poverty Rate:
7.8%
Non English Speakers:
3.1%
Rent:
$1,200
Unemployment Rate:
3.2%
Public Transport Usage:
0.9%
Commute Time:
24.8 minutes
Education
High School or Higher:
94.2%
Bachelors or More:
29.6%
Education
How are the schools in Lake Edwards, MN?
Lake Edwards offers access to well-rated public schools, such as Nisswa Elementary and Pequot Lakes Middle School, both with favorable student-teacher ratios. Higher education opportunities are available nearby at Central Lakes College in Brainerd, just 13 miles away.
Public Schools
Name:
Nisswa Elementary School
Street:
5533 Lakers Lane, Nisswa, MN 56468
Phone:
218-963-2329
Students:
420
Student Teacher Ratio:
14.7
Name:
Pequot Lakes Middle School
Street:
30805 Olson St, Pequot Lakes, MN 56472
Phone:
218-568-9357
Students:
630
Student Teacher Ratio:
16.0
Colleges
Name:
Central Lakes College
City:
Brainerd
State:
MN
Distance:
13 miles
Students:
5,870
Healthcare
Residents have access to quality healthcare, including Essentia Health-St. Joseph's Medical Center just a short drive away. The city boasts a high health insurance coverage rate of nearly 95% and a favorable physician-to-population ratio, supporting overall community wellness.
Major Hospitals
Name:
Essentia Health-St. Joseph's Medical Center
Address:
523 N 3rd St, Brainerd, MN 56401
Phone:
(218) 828-7500
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.3
Health Insurance Coverage:
94.7%
Health Care Index:
78.2
Housing Market
What is the housing market like in Lake Edwards, MN?
The housing market in Lake Edwards is stable, with a median home price of $320,000 and a high owner-occupancy rate of over 90%. Home values have appreciated by 4.2% over the past year, and rental vacancies remain low, reflecting a healthy demand for housing.
Median Home Price:
$320,000
Average Rent For 2 Bedroom:
$1,200
Owner Occupied Rate:
90.2%
Rental Vacancy Rate:
4.3%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
1.1%
Foreclosure Rate:
0.3%
DMV Information
Driver and vehicle services for Lake Edwards are managed by the Minnesota Department of Public Safety, located in St. Paul. Residents can find information and complete transactions online or by phone, ensuring convenient access to licensing and registration services.
State:
Minnesota
Department:
Minnesota Department of Public Safety – Driver and Vehicle Services
Address:
445 Minnesota St, Suite 190, St. Paul, MN 55101
Phone:
651-297-3298
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.