Prior Lake is a medium-sized city located in the state of Minnesota. With a population of 28,086 people and seven constituent neighborhoods, Prior Lake is the 36th largest community in Minnesota.
Prior Lake real estate is some of the most expensive in Minnesota, although Prior Lake house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Prior Lake has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 16.54% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Prior Lake is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Prior Lake’s overall crime rate is lower than average for the country.
If knowledge is power, Prior Lake is a pretty powerful place. 50.34% of the adults in Prior Lake have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Prior Lake in 2018 was $56,789, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $227,156 for a family of four.
Prior Lake is a somewhat ethnically-diverse city. The people who call Prior Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Prior Lake residents report their race to be White, followed by Asian. Important ancestries of people in Prior Lake include German, Norwegian, Irish, Swedish, and English.
The most common language spoken in Prior Lake is English. Other important languages spoken here include Spanish and Slavic languages.