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Balaton, MN

City in Lyon County, Minnesota.

Population

551

Land area

1.5sq mi

People per sq mi

380

ZIP codes

0

Balaton and its ZIP codes

Balaton at a glance

  • Balaton is about 5.3 times as dense as Minnesota as a whole.
  • Households here earn a median of $54,688 a year, 39% less than the Minnesota figure of $89,062.
  • A typical owner-occupied home is valued at $94,000 (71% below Minnesota) and median rent is $1,138 a month.

Local data for Balaton, MN

Counts from official public data

Housing and community stats

Balaton, MN, American Community Survey 2020-2024

Full profile

Median household income

$54,688

Poverty rate

17.7%

Median home value

$94,000

Median rent

$1,138/mo

Homeownership

74.9%

Bachelor's or higher

15.4%

Median age

48.6

Average commute

27.5 min

Largest reported origins and ancestries: German Americans (183), Norwegian Americans (97), Swedish Americans (53).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Lyon County. PPP loans are for Balaton.

Details

Unemployment rate

4.7%

Aug 2026, +0.7 pts in a year

Average annual pay

$55,750

13,452 jobs, 2025

Income per person

$62,366

BEA, 2024

Federal spending

$168M

FY 2026, $6,666 per person

Lyon County economyFederal spending

How people get to work

Balaton, MN, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone78.2%
  • Carpooled9.3%
  • Public transit0.0%
  • Walked1.2%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other0.0%
  • Worked from home11.3%

Average one-way commute: 27.5 minutes for people who do not work from home.

Environment and hazard risk

Balaton, MN, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively Low

Top: winter weather

Storm events since 1996

775

Countywide, mostly hail

Flood insurance policies

29

0.3% of homes, county

July high / Jan low

82° / 5°F

29.2 inches of rain a year

Hazards, floods and storm historyCheck a flood zone

Health statistics

Share of adults in Balaton, MN, CDC PLACES estimates

All 40 measures

Obesity

37.4%

U.S. 33.3% +4.1 pts

Diabetes

11.2%

U.S. 12.1% -0.9 pts

Smoking

14.1%

U.S. 12.8% +1.3 pts

Uninsured (18-64)

7.2%

U.S. 11.1% -3.9 pts

Cities near Balaton

NameDistanceLand area (sq mi)
GarvinCity5.7 mi0.3
RussellCity7 mi0.9
FlorenceCity9 mi0.1
LyndCity11 mi1.2
RuthtonCity12 mi0.6
The LakesCensus-designated place13 mi33.7
TracyCity13 mi2.4
TylerCity13 mi2.1
CurrieCity15 mi0.6
MarshallCity16 mi10.3
HadleyCity16 mi0.3
Lake WilsonCity17 mi0.4
SlaytonCity18 mi2.1
ArcoCity18 mi0.3
GhentCity19 mi0.3
HollandCity19 mi0.9

Frequently asked questions

What county is Balaton, MN in?
Balaton is in Lyon County, Minnesota.
What is the population of Balaton, MN?
About 551 people live in Balaton, based on American Community Survey 5-year estimates.
What cities are near Balaton?
Nearby places include Garvin (5.7 mi), Russell (7 mi), Florence (9 mi), Lynd (11 mi), Ruthton (12 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023