Is Eagle Lake, MN a Good Place to Live?
Eagle Lake is a small town of 3,229 in Minnesota, with a median household income of $87,130 and a 3.4% unemployment rate. Its cost of living index is 88 (US average = 100), which is 12% below the national average.
Strengths: Eagle Lake stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B), short average commutes.
Trade-offs: No major red flags stand out in the available data. Whether Eagle Lake is right for you depends on your priorities — the full breakdown is below.
All Eagle Lake city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 87.6Eagle Lake's overall cost of living index is 87.6, where 100 represents the US national average. Living in Eagle Lake costs roughly 12% less than the average American city.
| Metric | Eagle Lake, MN | National Avg |
|---|---|---|
| Median Home Value | $239,000 | $244,900 |
| Median Monthly Rent | $1,363 | $1,163 |
| Homeownership Rate | 67.4% | 65.9% |
| Median Household Income | $87,130 | $74,755 |
Crime & Safety
Very SafeEagle Lake's violent crime rate is 91.6 per 100,000 residents — 76% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Eagle Lake is served primarily by MANKATO PUBLIC SCHOOL DISTRICT. The student-to-teacher ratio is 15.6:1 (better than the national average of ~16:1).
| Metric | Eagle Lake, MN | National Avg |
|---|---|---|
| School District | MANKATO PUBLIC SCHOOL DISTRICT | — |
| Elementary Schools | 10 | — |
| Middle Schools | 3 | — |
| High Schools | 9 | — |
| Student/Teacher Ratio | 15.6:1 | 16:1 |
| Bachelor's Degree or Higher | 34.3% | 35.4% |
| High School Diploma or Higher | 96.8% | 91.1% |
Weather & Climate
Eagle Lake sees average highs of 23.7°F in January and 81.9°F in July, with 36.4 inches of annual precipitation and 38.7 inches of snow per year.
| Metric | Eagle Lake, MN |
|---|---|
| Average High — January | 23.7°F |
| Average High — July | 81.9°F |
| Annual Precipitation | 36.4" |
| Annual Snowfall | 38.7" |
Demographics
| Metric | Eagle Lake, MN | National Avg |
|---|---|---|
| Population | 3,229 | — |
| Median Age | 32.2 | 38.9 |
| Unemployment Rate | 3.4% | 3.7% |
| Avg Commute Time | 19.1 min | 26 min |
| White (non-Hispanic) | 90.3% | 59.3% |
| Black or African American | 0.5% | 13.6% |
| Hispanic or Latino | 2.7% | 18.9% |
| Asian | 0.3% | 6.3% |
| Under 18 | 29.8% | 22.2% |
| 65 and over | 9.0% | 16.8% |
Nearby Cities
ZIP Codes in Eagle Lake
Eagle Lake, MN is covered by 1 ZIP code: