Balaton Population History 1990 - 2023

What is the current population of Balaton?

Based on the latest 2024 data from the US census, the current population of Balaton is 583. Balaton, Minnesota is the 12,564th largest city in the US.

What was the peak population of Balaton?

The peak population of Balaton was in 1990, when its population was 746. In 1990, Balaton was the 11,157th largest city in the US; now its fallen to the 12,564th largest city in the US. Balaton is currently 21.8% smaller than it was in 1990.

How quickly is Balaton shrinking?

Balaton has shrunk 8.6% since the year 2000. Balaton, Minnesota's growth is about average. 56% of similarly sized cities are growing faster since 2000.

What is the voting age population of Balaton, Minnesota?

The total voting age population of Balaton, Minnesota, meaning US citizens 18 or older, is 484. The voting age population is 50.2% male and 49.8% female.

What percentage of Balaton, Minnesota residents are senior citizens?

According to the latest census statistics, 24.2% of the residents of Balaton are 65 or older.

What are the racial demographics of Balaton, Minnesota?

The racial demographics of Balaton are 98.2% White, 1.2% Two or more races, 0.5% Other and 0.2% American Indian. Additionally, 1.5% of the population identifies as Hispanic.

What percentage of Balaton, Minnesota residents are below the poverty line?

In Balaton, 18.0% of residents have an income below the poverty line, and the child poverty rate is 40.5%. On a per-household basis, 19.3% of families are below the poverty line in Balaton.

What percentage of Balaton, Minnesota residents are in the labor force?

Among those aged 16 and older, 61.8% of Balaton residents are in the labor force.

What are the education levels among Balaton, Minnesota residents?

Among the adult population 25 years old and over, 92.1% of Balaton residents have at least a high school degree or equivalent, 14.5% have a bachelor's degree and 2.3% have a graduate or professional degree.

What percentage of Balaton, Minnesota residents speak a non-English language at home?

Among Balaton residents aged 5 and older, 2.2% of them speak a non-English language at home. Broken down by language: 1.7% of residents speak Spanish at home, 0.6% speak an Indo-European language, and 0.0% speak an Asian language.

What is the unemployment rate in Balaton, Minnesota?

The unemployment rate in Balaton is 6.5%, which is calculated among residents aged 16 or older who are in the labor force.

What percentage of Balaton, Minnesota residents work for the government?

In Balaton, 10.1% of the residents in the non-military labor force are employed by the local, state and federal government.

What is the median income in Balaton, Minnesota?

The median household income in Balaton is $50,313.

What percentage of housing units are owner-occupied in Balaton, Minnesota?

In Balaton, 77.9% of housing units are occupied by their owners.

What percentage of housing units are rented in Balaton, Minnesota?

Renters occupy 22.1% of housing units in Balaton.

What percentage of Balaton, Minnesota housing units were built before 1940?

Of all the housing units in Balaton, 43.2% of them were build before 1940.

What percentage of Balaton, Minnesota housing units were built after 2000?

In Balaton, 5.5% of the total housing units were built after the year 2000.

What is the median monthly rent in Balaton, Minnesota?

The median gross monthly rent payment for renters in Balaton is $573.

What percentage of households in Balaton, Minnesota have broadband internet?

In Balaton, 77.9% of households have an active broadband internet connection.