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Apartments for rent in Lake Benton, MN

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Living In Lake Benton, MN

The small town of Lake Benton, Minnesota is home to just under 1,000 residents. Families with young children can expect to fit right in, as kids under 5 account for an above-average percentage of the population, while young professionals are less well-represented. The majority of residents own their homes in Lake Benton, and 24% of residents rent. With a relatively low average rent of $629 a month in the town, renting remains an affordable option, particularly compared to other cities in Minnesota. Each month, renters in Lake Benton will save around $362 compared to the state average.

Compared to the national average (5%), Lake Benton has a high percentage of residents over the age of 25 who have earned an Associate's degree (11%). Further, 10% have a Bachelor's degree and 2% have earned a Master's or Doctoral degree. There are plenty of industries from which to choose in Lake Benton, the most common five of which are manufacturing, agriculture, retail, construction, and healthcare. Combined, these industries account for 33% of the town's labor force. Meanwhile, looking at job function, many residents work in management, making it the top career path in the town. With an average annual income of just under $63,000, Lake Benton workers bring in about $18,000 less than their peers elsewhere in the state. The town's average income also falls below the national average ($73,345).

Lake Benton residents have an average commute of about 24 minutes. Driving a vehicle is the most common mode of getting to work, opted for by 44% of residents, while public transportation is not used. Walking (3%) isn't a common way to get to work, though the number is greater than the national average.


Frequently Asked Questions About Lake Benton

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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