The Town FilesLake Marshall, Minnesota
Township in Lyon County · population 564 (2020 Census)
- Median home
- $335,500
- Household income
- $123,750
- Jan low / Jul high
- 4° / 85°
- Snow a year
- 44 in
- Tornadoes ≤10 mi since 1950
- 12
- Median age
- 34.0
Lake Marshall is a township of 564 people in Lyon County, Minnesota. The median home is worth $335,500, above the typical Minnesota town ($301,800). It ranks better for young professionals than 84% of Minnesota towns, better for cycling than 78% of Minnesota towns, better for families than 73% of Minnesota towns.
How Lake Marshall 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 Marshall is worth $335,500, above the typical Minnesota town ($301,800). Homes cost about 2.7 times the median household income of $123,750, which is more affordable than 79% of Minnesota towns. Median rent is $1,250 a month. 95.3% of households own their home.
| Housing | Lake Marshall | Typical Minnesota town |
|---|---|---|
| Median home value | $335,500 | $301,800 |
| Median rent | $1,250 | $991 |
| Median household income | $123,750 | $87,375 |
| Home value ÷ income | 2.7× | 3.4× |
| Homeownership | 95.3% | 88.6% |
| Median year built | 1974 | 1979 |
| Seasonal / vacation homes | 0.0% | — |
Who lives in Lake Marshall
| People | Lake Marshall | Typical Minnesota town |
|---|---|---|
| Median age | 34.0 | 42.7 |
| Age 65 and over | 11.1% | 20.0% |
| Under 18 | 41.7% | — |
| Bachelor's degree or higher | 50.4% | 26.2% |
| Below the poverty line | 2.4% | 6.9% |
| Veterans | 2.9% | — |
| Born outside the U.S. | 0.8% | — |
| Work from home | 16.5% | 11.1% |
| Average commute | 12.6 min | 24.5 min |
| Homes with broadband | 97.1% | 90.2% |
Weather in Lake Marshall
July highs average 84.7°F and January lows 3.6°F. About 28.9 inches of rain and melted snow fall a year, with 43.5 inches of snow (typical Minnesota town: 47.0 in). Expect about 18 days a year at 90°F or hotter and 158 nights at or below freezing.
Tornadoes, storms and disasters
12 tornadoes have passed within 10 miles of Lake Marshall since 1950, compared with 14 for the typical Minnesota town. 1 rated (E)F2 or stronger. The strongest, an F2, struck on June 16, 1992 about 9.4 miles from the town center. The most recent was on July 19, 2017.
Hail of 1 inch or larger has been reported within 10 miles 86 times; the largest was 3.25 inches on May 28, 1991.
Severe weather in Lyon County since 1996
Lyon County has been included in 18 federal disaster or emergency declarations since 1953, most often for flood, drought, hurricane.
| 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 |
| June 12, 2019 | Flood | DR-4442: Severe Winter Storm, Straight-Line Winds, And Flooding |
| September 5, 2018 | Flood | DR-4390: Severe Storms, Tornadoes, Straight-Line Winds, And Flooding |
Jobs and pay in Lyon County
Lyon County had 13,763 jobs in 2024, paying an average of $52,859 a year. Unemployment was 2.5% in 2023; in Lake Marshall itself the ACS puts it at 3.4%.
Towns near Lake Marshall
- Marshall, MN3.3 mi · 13,628 people · home $210,300
- Balaton, MN12.8 mi · 595 people · home $94,000
- Tracy, MN13.5 mi · 2,076 people · home $113,400
- Cottonwood, MN15.2 mi · 1,149 people · home $176,200
- Minneota, MN15.2 mi · 1,366 people · home $161,300
- Walnut Grove, MN19.3 mi · 751 people · home $90,000
- Tyler, MN20.0 mi · 1,138 people · home $151,100
- The Lakes, MN21.2 mi · 590 people · home $397,100
Lake Marshall questions
Is Lake Marshall, Minnesota a good place to retire?
On The Town Files lifestyle rankings, Lake Marshall scores better for retirees than 44% of Minnesota towns and quieter than 32%. 11.1% of residents are 65 or older (median age 34.0).
How much does a house cost in Lake Marshall?
The median owner-occupied home in Lake Marshall is valued at $335,500 (Census ACS 2020–2024), against a median household income of $123,750, so homes cost about 2.7 times income. Median rent is $1,250 a month.
What is the weather like in Lake Marshall?
July highs average 84.7°F and January lows 3.6°F (NOAA 1991–2020 normals). It gets about 28.9 inches of precipitation a year and 43.5 inches of snow.
Does Lake Marshall get tornadoes?
12 tornadoes have passed within 10 miles of Lake Marshall since 1950 (NOAA Storm Events); the strongest was a F2 on June 16, 1992. 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)