The Town FilesLake Edward, Minnesota
Township in Crow Wing County · population 2,108 (2020 Census)
- Median home
- $386,400
- Household income
- $82,292
- Jan low / Jul high
- 0° / 82°
- Snow a year
- 45 in
- Tornadoes ≤10 mi since 1950
- 15
- Median age
- 55.0
Lake Edward is a township of 2,108 people in Crow Wing County, Minnesota. The median home is worth $386,400, above the typical Minnesota town ($301,800). It ranks quieter than 94% of Minnesota towns, better for a vacation home than 92% of Minnesota towns, better for retirees than 86% of Minnesota towns.
How Lake Edward ranks
Percentile among Minnesota towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Minnesota towns.
Homes and cost of living
The median home in Lake Edward is worth $386,400, above the typical Minnesota town ($301,800). Homes cost about 4.7 times the median household income of $82,292, which is more affordable than 7% of Minnesota towns. 97.0% of households own their home.
| Housing | Lake Edward | Typical Minnesota town |
|---|---|---|
| Median home value | $386,400 | $301,800 |
| Median rent | — | $991 |
| Median household income | $82,292 | $87,375 |
| Home value ÷ income | 4.7× | 3.4× |
| Homeownership | 97.0% | 88.6% |
| Median year built | 1990 | 1979 |
| Seasonal / vacation homes | 36.3% | — |
Who lives in Lake Edward
| People | Lake Edward | Typical Minnesota town |
|---|---|---|
| Median age | 55.0 | 42.7 |
| Age 65 and over | 30.6% | 20.0% |
| Under 18 | 16.3% | — |
| Bachelor's degree or higher | 35.4% | 26.2% |
| Below the poverty line | 6.7% | 6.9% |
| Veterans | 11.2% | — |
| Born outside the U.S. | 3.3% | — |
| Work from home | 10.6% | 11.1% |
| Average commute | 21.0 min | 24.5 min |
| Homes with broadband | 91.2% | 90.2% |
Weather in Lake Edward
July highs average 81.5°F and January lows -0.1°F. About 24.5 inches of rain and melted snow fall a year, with 44.7 inches of snow (typical Minnesota town: 47.0 in). Expect about 6 days a year at 90°F or hotter and 173 nights at or below freezing.
Tornadoes, storms and disasters
15 tornadoes have passed within 10 miles of Lake Edward since 1950, compared with 14 for the typical Minnesota town. 7 rated (E)F2 or stronger. The strongest, an F3, struck on July 5, 1991 about 5.9 miles from the town center. The most recent was on June 16, 2025.
Hail of 1 inch or larger has been reported within 10 miles 70 times; the largest was 4.00 inches on June 19, 2016.
Severe weather in Crow Wing County since 1996
Crow Wing County has been included in 13 federal disaster or emergency declarations since 1953, most often for fire, flood, drought.
| Declared | Incident | Declaration |
|---|---|---|
| August 9, 2022 | Severe Storm | DR-4666: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
| April 7, 2020 | Biological | DR-4531: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3453: Covid-19 |
| July 6, 2012 | Severe Storm | DR-4069: Severe Storms And Flooding |
| September 13, 2005 | Hurricane | EM-3242: Hurricane Katrina Evacuation |
Jobs and pay in Crow Wing County
Crow Wing County had 31,053 jobs in 2024, paying an average of $53,044 a year. Unemployment was 3.4% in 2023; in Lake Edward itself the ACS puts it at 5.2%.
Towns near Lake Edward
- Nisswa, MN4.1 mi · 1,967 people · home $481,200
- Center, MN4.6 mi · 990 people · home $339,100
- Pelican, MN6.4 mi · 501 people · home $458,300
- Lake Shore, MN7.4 mi · 1,056 people · home $513,200
- Pequot Lakes, MN7.5 mi · 2,395 people · home $289,300
- Breezy Point, MN8.0 mi · 2,574 people · home $340,800
- Mission, MN9.0 mi · 796 people · home $424,500
- Oak Lawn, MN9.2 mi · 1,764 people · home $263,200
Lake Edward questions
Is Lake Edward, Minnesota a good place to retire?
On The Town Files lifestyle rankings, Lake Edward scores better for retirees than 86% of Minnesota towns and quieter than 94%. 30.6% of residents are 65 or older (median age 55.0).
How much does a house cost in Lake Edward?
The median owner-occupied home in Lake Edward is valued at $386,400 (Census ACS 2020–2024), against a median household income of $82,292, so homes cost about 4.7 times income. Median rent is — a month.
What is the weather like in Lake Edward?
July highs average 81.5°F and January lows -0.1°F (NOAA 1991–2020 normals). It gets about 24.5 inches of precipitation a year and 44.7 inches of snow.
Does Lake Edward get tornadoes?
15 tornadoes have passed within 10 miles of Lake Edward since 1950 (NOAA Storm Events); the strongest was a F3 on July 5, 1991. The typical Minnesota town has had 14.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)