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Census › Minnesota › Lyon County › Balaton

Balaton city, Minnesota

People
Population551B01003
Population, 2020 census595P1
Median age48.6B01002
Under 1823.0%B01001
65 and over24.9%B01001
Households259B11001
Foreign born1.8%B05002
Money
Median household income$54,688B19013
Median family income$71,607B19113
Per capita income$33,950B19301
Poverty rate17.7%B17001
Unemployment rate3.3%B23025
Civilian labor force275B23025
Mean commute (minutes)27.5B08013
Education
Bachelor's degree or higher15.4%B15003
Housing
Housing units279B25001
Owner-occupied74.9%B25003
Renters25.1%B25003
Median home value$94,000B25077
Median gross rent$1,138B25064
Race and ethnicity
White, not Hispanic92.6%B03002
Black0.0%B03002
Hispanic or Latino0.0%B03002
Asian0.0%B03002
American Indian and Alaska Native0.2%B03002

Figures from the 2020-2024 American Community Survey five-year estimates (table codes link to the same table for this area at data.census.gov) and the 2020 census (P1), via IPUMS NHGIS. Estimates for small areas carry wide margins of error; a tract's figures describe its residents, not any one organization.

Against the county: median household income here is 73% of Lyon County's ($75,303); poverty 17.7% against 12.2%.

Map

Balaton city: 551ZIP 56115: 23 nonprofits, $350,155

Click an area for its page. Circles are FURP records at their ZIP code's center point, sized by how many. Download this map's areas with their census figures: CSV (center points) · GeoJSON (outlines), ready for Datawrapper, Mapshaper or Google My Maps. Outlines: Census TIGER/Line 2026, simplified.

FURP records in Balaton, MN

RecordsHow manyTotalBiggest
Nonprofits23$350,155 revenue (latest return)CHESTER JOHNSON CHARITABLE TRUST ($240,198)
Nonprofit contractors1$113,350 paid by nonprofitsSwanson Home Specialists LLC ($113,350)
Form D issuers1$39,571,027 amount soldtru Shrimp Co ($39,571,027)
Form 5500 plan sponsors33 plansNORTH STAR MODULAR HOMES INC (1)
Open Payments recipients2$258 industry paymentsRICHARD WALLACE BROWN ($237)
Patent and trademark owners411 patents and marksTHE TRU SHRIMP COMPANIES, INC (5)
IPO registrants15 filingstru Shrimp Companies, Inc. (5)
Federal award recipients228$18,010,341 federal awardsEVAN AND BRETT PETERSON FARMS ($11,076,169)
State business registrations3ADVANCED SECURITY PRODUCTS LLC

Cross-reference: 23 nonprofits for 551 residents is 417.4 per 10,000 people; their latest-year revenue of $350,155 is $635 per resident, 2.5% of all household income here (households at the median income).

Nonprofits: biggest by revenue (latest return)

Nonprofit contractors: biggest by paid by nonprofits

Form D issuers: biggest by amount sold

Form 5500 plan sponsors: biggest by plans

Open Payments recipients: biggest by industry payments

Patent and trademark owners: biggest by patents and marks

IPO registrants: biggest by filings

Federal award recipients: biggest by federal awards

Census figures are from IPUMS NHGIS: the American Community Survey 2020-2024 five-year estimates (ACS table codes shown with each figure) and the 2020 decennial census (Demographic and Housing Characteristics), by state, county, place and census tract. FURP records are placed by ZIP code (the Census Bureau's 2020 ZCTA-to-county and ZCTA-to-tract relationship files: the county or tract holding most of the ZIP's land) and by city name (Census place names, normalized), so a record's tract is its ZIP's main tract, not its street's. Cite: Jonathan Schroeder, David Van Riper, Steven Manson, Grace Cooper, Zachary Krause, Tracy Kugler, Tsu Zhu, and Steven Ruggles. IPUMS National Historical Geographic Information System: Version 21.0 [dataset]. Minneapolis, MN: IPUMS. 2026. http://doi.org/10.18128/D050.V21.0