Prior Lake Minnesota Real Estate
Prior Lake, Minnesota, is located in Scott County, 7 miles SW of Burnsville, Minnesota and 294 miles W of Milwaukee, Wisconsin. Prior Lake has a population of 15,917.
Prior Lake Homes
Prior Lake properties pool is 5,651 residential properties including Prior Lake new homes. Median age of real estate in Prior Lake is 1984. Average Household size is 3.17 people. 2% are one bedroom homes, 14% are 2 bedroom homes, 45% are 3 bedroom homes, 31% are 4 bedroom homes, and 9% are 5+ bedroom homes.
Prior Lake Mortgage Statistics
Prior Lake mortgages vs. USA median statistics
| Homes |
Prior Lake |
USA |
| Homes With No Mortgage |
11% |
30% |
| Homes With Mortgage |
89% |
70% |
| First Mortgage Only |
60% |
54% |
| First & Second Mortgage or HELOC |
28% |
16% |
Prior Lake Area Real Estate Tax
Prior Lake Real estate Tax: Median Real Estate Taxes (2000) were $2,358 comparing to 1999 Median Family income $ 81,011. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Prior Lake School District: Children make up 30.3% of Prior Lake population. Prior Lake has 4,825 under 18 years old residents, or 0.56 kids per one worker, or 0.85 kids per one household.
Prior Lake Real Estate & Prior Lake Homeownership
There are 847.65 or 15% one person households, 1864.83 or 33% two person households, and 1073.69 or 19% three person households in Prior Lake, Minnesota. Median residents age is 33.3, Senior citizens (65+) make up 774 or 4.9%% of Prior Lake population.
There are 8,678 workers (over 16 years of age) in Prior Lake. Of these, 92.98% drive to work. Approximately 1.34% of workers in Prior Lake take public transportation. An estimated 0.54% walk to work.
Median Prior Lake homeowner's housing expences are 19.8%
Crime in Prior Lake (2003), crimes per 10,000 residents per year
| Type of Crime |
Prior Lake |
USA, 2003 |
| Violent Crimes |
10.68 |
47.5 |
| Robberies |
1.88 |
14.2 |
| Aggravated Assaults |
6.91 |
29.5 |
| Property Crimes |
348.68 |
358.8 |
| Burglaries |
49 |
74.0 |
| Larceny-Thefts |
275.81 |
241.5 |
| Motor Vehicle Thefts |
23.87 |
43.3 |
Invest in Prior Lake Properties
When making a decision about buying real estate in Prior Lake Minnesota area, you should consider following statistical data:
| Category |
Prior Lake |
USA |
| Near Medium City |
Burnsville, Minnesota |
- |
| Near Large City |
Milwaukee, Wisconsin |
- |
| Prior Lake Zip Codes |
55372 |
- |
| Prior Lake Area Codes |
952 |
- |
| White population |
94.53% |
75.1% |
| African-American population |
0.77% |
12.3% |
| Asian |
0.94% |
3.6% |
| American Indian & Alaskan |
2.08% |
0.9% |
| Hispanic (of any race) |
1.11% |
12.5% |
| Median Family Income (1999) |
$ 81,011% |
$42,000 |
| Population Below Poverty Level |
3.57% |
12.4% |
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