Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Prior Lake, MN Population, Income & Demographics 2026

CSAMinneapolis-St. Paul MSAMinneapolis-St. Paul-Bloomington#31/210 Population

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

28,016

Median Agei

39.6

Race & Ethnicityi

White

79.2%22,180

Hispanic/Latino

5.8%1,632

Asian

5.5%1,550

Two or More

5.2%1,467

Black

2.2%627

American Indian/Alaska Native

1.5%426

Other

0.5%134

Educational Attainment (Age 25+)i

GED/Alternative

1.3%250

High School Diploma

12.5%2,312

Some College (<1 yr)

5.8%1,071

Some College (1+ yr)

11.6%2,150

Associate's Degree

12.7%2,351

Bachelor's Degree

37.3%6,922

Master's Degree

11.4%2,123

Professional Degree

2.2%417

Doctorate

1.4%255

HS or Higher

96.2%

BA or Higher

52.4%

Graduate+

15.1%

Housingi

Median Home Valuei

$450,700

Median Renti

$1,654

Tenure

Owner-Occupied

86.2%8,602

Renter-Occupied

13.8%1,374

Total Units

10,357

Homeownership

86.2%

Vacancy Rate

3.7%

Economyi

Median Household Incomei

$134,255

Mean Household Incomei

$169,887

Per Capita Incomei

$62,573

Poverty Ratei

3.1%

Unemploymenti

1.5%

Labor Forcei

15,853

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

140

Residentsi

412

Avg. Tenant Renti

$614/mo

Avg. Waitlisti

37 months

Programs in this community

Housing Choice Vouchers71 homes87% occupied$583/mo rent

Rental vouchers (Section 8) that help tenants pay for private-market housing

Project Based Section 836 homes92% occupied$674/mo rent

Privately owned apartments with rent subsidies tied to the building

Household Incomei

Based on area median of $134,255/yr

Extremely low incomeUnder $40K/yr

76.7%

Very low income$40K–$67K/yr

22.6%

Low income$67K–$107K/yr

0.7%

Who Receives This Housing

76.3% of subsidized households are headed by a single mother

32.5% of subsidized households are minority

20.6% of subsidized households include someone with a disability

39.4% of subsidized households include a senior (62+)

Social Characteristicsi

Veteransi

1,306(6.2% of civilian adults)