Twin Lakes, Carlton County, MN demographics:
population, income, and more

Total population
1,997
1.4% year-over-year change
Median household income
$96,546/yr
-1.9% year-over-year change
Housing units
815
1.5% year-over-year change

Twin Lakes population

How many people live in Twin Lakes

Twin Lakes is home to 1,997 residents, according to the most recent Census data. Gender-wise, 56.2% of Twin Lakes locals are male, and 43.9% are female.

Total population
1,997
1.4% year-over-year change
Gender ratio
Male
56.2%
1,122
Female
43.9%
876
Value Percent YoY change
Male 1,122 56.2% 3.2%
Female 876 43.9% -0.8%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Twin Lakes is 44, with the population distributed as follows: about 17% are children under 15, then 9.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 24.3% of the population, while another 29.5% fall into the 45 to 64 bracket. Finally, around 19.3% are 65 or older.

Median age
43.5
Age breakdown
Under 15
17%
15 to 24
9.9%
25 to 44
24.3%
45 to 64
29.5%
Over 65
19.3%
Value Percent YoY change
Under 15 339 17% -3.7%
15 to 24 198 9.9% 17.2%
25 to 44 485 24.3% -1.8%
45 to 64 589 29.5% -0.3%
Over 65 385 19.3% 6.1%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Twin Lakes, 98.9% of the population are US-born citizens, while 1% have gained naturalized citizenship. There’s also a share of 3.4% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.9%
Non-U.S.-born citizens
1%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 1,976 98.9% 2.4%
Non-U.S.-born citizens 21 1% -34.4%
Non-citizens 1 0% -87.5%
Racial breakdown
White
94.4%
Black or African American
0.8%
American Indian and Alaska Native
1.2%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
3.4%
Other
0.2%
Value Percent
White 1,885 94.4%
Black or African American 17 0.8%
American Indian and Alaska Native 24 1.2%
Two or more races 67 3.4%
Other 3 0.2%

Households in Twin Lakes

A peek inside Twin Lakes households

Twin Lakes has 771 households, with an average of 2 members in each. Of these, 68.5% are families, while the remaining 31.5% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
771
2.5% year-over-year change
Average people per household
2
Non-family households
243
Family households
528
Value Percent YoY change
Non-family households 243 31.5% 5.2%
Family households 528 68.5% 1.3%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Twin Lakes

The housing landscape of Twin Lakes

Twin Lakes's housing consists of 815 units, with 84.4% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 6% of the housing landscape.

Housing units
815
1.5% year-over-year change
Housing types
Value Percent
1 unit, detached 688 84.4%
2 units 19 2.3%
3 or 4 units 2 0.2%
5 to 9 units 14 1.7%
10 to 19 units 13 1.6%
20 to 49 units 30 3.7%
Mobile home 49 6%
Homes built since 2020
9
28.6% year-over-year change

The age of buildings in Twin Lakes

In Twin Lakes, the median construction year is 1981. About 12.4% of homes were built before the 1940s, with another 4.3% going up by 1949. Most development happened in the second half of the 20th century. Then, 19.3% of homes were added from 2000 to 2009, 8.4% between 2010 and 2019, and 1.1% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 101 12.4% -5.6%
Built between 1940 and 1949 35 4.3% -23.9%
Built between 1950 and 1959 60 7.4% -16.7%
Built between 1960 and 1969 80 9.8% 23.1%
Built between 1970 and 1979 123 15.1% 19.4%
Built between 1980 and 1989 80 9.8% -14.9%
Built between 1990 and 1999 101 12.4% -17.9%
Built between 2000 and 2009 157 19.3% 9.0%
Built between 2010 and 2019 68 8.4% 61.9%
Built in 2020 or later 9 1.1% 28.6%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Twin Lakes occupancy rates

Out of the 771 occupied housing units in Twin Lakes, 87.2% are owner-occupied, while 13% are lived in by tenants. Meanwhile, 5.4% of all homes on the local market sit vacant.

Occupied housing units
771
2.5% year-over-year change
Occupancy breakdown
Renter occupied
100
Owner occupied
672
Value Percent YoY
change
Renter occupied 100 13% 5.3%
Owner occupied 672 87.2% 2.3%
Unoccupied housing units
5.4%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Twin Lakes housing costs

Housing costs in Twin Lakes come to a median of $1,189 per month, while tenants specifically pay a median gross rent of $955.

Median housing costs per month
$1,189/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Twin Lakes
$955/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Twin Lakes

Twin Lakes education at a glance

About 34.7% of the population in Twin Lakes went to high school, while 20.8% pursued college studies. Another 16.8% earned an associate degree and 19.7% hold a bachelor’s. Meanwhile, 7.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 5 0.3% -66.7%
High school diploma 552 34.7% 10.2%
College diploma 331 20.8% -6.0%
Associate degree 268 16.8% -0.7%
Bachelor's degree 314 19.7% 10.6%
Graduate degree 122 7.7% 0.8%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Twin Lakes

How much people earn in Twin Lakes

The average annual household income in Twin Lakes was $102,311 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.5% change from the previous year. At the same time, the median income stood at $96,546, reflecting a -1.9% shift over the same period.

Average household income in Twin Lakes
$102,311/year
2.5% year-over-year change
Median household income in Twin Lakes
$96,546/year
-1.9% year-over-year change

Twin Lakes income by age

In Twin Lakes, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $136,458. Those with someone between 45 and 64 in charge, often well established professionally, earn $97,250 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $96,000, while those led by someone over 65, many of whom may be retired, have about $55,789 in earnings. Overall, 95.8% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $96,000 -17.4%
25 - 44 $136,458 2.4%
45 - 64 $97,250 -2.8%
Over 65 $55,789 -5.5%
Above poverty level
1,814
Below poverty level
79
Value Percent YoY
change
Above poverty level 1,814 95.8% 1.6%
Below poverty level 79 4.2% 6.8%

Employment in Twin Lakes

Workforce and job types in Twin Lakes

72.5% of the working population are employed in professional or administrative positions, while 27.5% are in hands-on or service-based jobs. Also, 7.1% run their own businesses, 60% are employed by private companies, and 18% work in the public sector.

Workforce demographics

White collar
727
Blue collar
276
Value Percent YoY change
White collar 727 72.5% 5.2%
Blue collar 276 27.5% 4.2%
Employer type
Self employees
7.1%
Private companies
60%
Governmental workers
18%
Not for profit companies
14.9%
Value Percent YoY change
Self employees 71 7.1% 29.1%
Private companies 602 60% 3.1%
Governmental workers 181 18% -7.7%
Not for profit companies 150 14.9% 24.0%

Transportation in Twin Lakes

How people get around in Twin Lakes

In Twin Lakes, the average commute time is 16 minutes. Commuting methods vary: 98.7% of residents travel by personal vehicle and 0.6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Commute time
16 min
Means of transportation
Value Percent YoY change
Car 862 98.7% 5.0%
Taxicab 5 0.6% 66.7%
Bicycle 1 0.1% -66.7%
Walk 5 0.6% -16.7%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Twin Lakes by zipcode?

Zipcode Population Number of households Median income Average income
55718 3,111 1,201 $96,546 $108,267

Explore more communities

FAQs about Twin Lakes demographics 

What is the total population of Twin Lakes?

Twin Lakes has a total population of 1,997 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +1.4% compared to a year ago.

What is the gender ratio in Twin Lakes?

The gender ratio in Twin Lakes is as follows:
  • 56.2% males (1,122 residents)
  • 43.9% females (876 residents)

What is the median age in Twin Lakes?

The median age in Twin Lakes is 43.5.

What is the age distribution of the population in Twin Lakes?

The age distribution in Twin Lakes is as follows:
  • Under 15: 17% (339 residents)
  • Ages 15-24: 9.9% (198 residents)
  • Ages 25-44: 24.3% (485 residents)
  • Ages 45-64: 29.5% (589 residents)
  • Over 65: 19.3% (385 residents)

What is the racial and ethnic makeup of Twin Lakes?

The racial and ethnic makeup of Twin Lakes is as follows:
  • White: 94.4% (1,885 residents)
  • Black or African American: 0.8% (17 residents)
  • American Indian and Alaska Native: 1.2% (24 residents)
  • Asian: 0% ( residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 3.4% (67 residents)
  • Other: 0.2% (3 residents)

What percentage of the population in Twin Lakes are U.S.-born citizens?

U.S.-born citizens represent 98.9% of the population in Twin Lakes.

How many housing units are there in Twin Lakes?

There are 815 housing units in Twin Lakes, reflecting a +1.5% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Twin Lakes and what is the average household size?

Twin Lakes has a total of 771 households, with an average of 2 people in each.

What is the median household income in Twin Lakes?

Twin Lakes has a median household income of $96,546, representing a -1.9% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Twin Lakes?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 72.5% (727 residents)
  • Blue-collar workers: 27.5% (276 residents)

Places of employment:
  • Self-employed: 7.1% (71 residents)
  • Private companies: 60% (602 residents)
  • Governmental workers: 18% (181 residents)
  • Not-for-profit companies: 14.9% (150 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025