Median Income
$71,750
household / year
Median Home Value
$164,000
owner-occupied
Median Rent
$499
gross / month
Cost of Living
93
national avg = 100

Is Lanesboro, MN a Good Place to Live?

Lanesboro is a small town of 829 in Minnesota, with a median household income of $71,750 and a 1.2% unemployment rate. Its cost of living index is 93 (US average = 100), which is 7% below the national average.

Strengths: Lanesboro stands out for an affordable cost of living, below-average home prices, solid school ratings (A-), a well-educated population, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Lanesboro is right for you depends on your priorities — the full breakdown is below.

All Lanesboro 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: 93.1

Lanesboro's overall cost of living index is 93.1, where 100 represents the US national average. Living in Lanesboro costs roughly 7% less than the average American city.

Metric Lanesboro, MN National Avg
Median Home Value $164,000 $244,900
Median Monthly Rent $499 $1,163
Homeownership Rate 70.3% 65.9%
Median Household Income $71,750 $74,755

Crime & Safety

Very Safe

Lanesboro's violent crime rate is 38.0 per 100,000 residents — 90% lower than the national average of ~380 per 100,000.

Violent Crime
38.0 /100k
Property Crime
289.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Lanesboro is served primarily by LANESBORO PUBLIC SCHOOL DISTRICT. The student-to-teacher ratio is 13.1:1 (better than the national average of ~16:1).

Metric Lanesboro, MN National Avg
School District LANESBORO PUBLIC SCHOOL DISTRICT —
Elementary Schools 1 —
Middle Schools N/A —
High Schools 1 —
Student/Teacher Ratio 13.1:1 16:1
Bachelor's Degree or Higher 44.3% 35.4%
High School Diploma or Higher 96.2% 91.1%

Weather & Climate

Lanesboro sees average highs of 23.6°F in January and 81.1°F in July, with 37.9 inches of annual precipitation and 42.2 inches of snow per year.

MetricLanesboro, MN
Average High — January23.6°F
Average High — July81.1°F
Annual Precipitation37.9"
Annual Snowfall42.2"

Demographics

MetricLanesboro, MNNational Avg
Population829—
Median Age46.638.9
Unemployment Rate1.2%3.7%
Avg Commute Time24.7 min26 min
White (non-Hispanic)94.9%59.3%
Black or African American0.0%13.6%
Hispanic or Latino1.7%18.9%
Asian0.0%6.3%
Under 1822.0%22.2%
65 and over26.2%16.8%

Nearby Cities

ZIP Codes in Lanesboro

Lanesboro, MN is covered by 1 ZIP code:

Lanesboro vs Other Cities

Frequently Asked Questions

Lanesboro's cost of living index is 93, where 100 is the national average. That makes Lanesboro roughly 7% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $164,000 and median rent is $499/month.
Lanesboro's violent crime rate is 38.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 289.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Lanesboro are operated by LANESBORO PUBLIC SCHOOL DISTRICT. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 13.1:1. 44.3% of adults 25+ hold a bachelor's degree or higher.
Lanesboro, MN has a population of 829, a median household income of $71,750, and an unemployment rate of 1.2%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lanesboro averages 23.6°F in January and 81.1°F in July. Annual rainfall is 37.9 inches with about 42.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Lanesboro, MN is covered by 1 ZIP code: 55949.
The population of Lanesboro, Minnesota is 829 with a median age of 46.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lanesboro: cost of living index 93 (100 = US average), median home $164,000, median household income $71,750, crime index 12 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Lanesboro side by side with your current city to see the trade-offs.