Balaton, Minnesota Senior Housing, Adult Care, and Estate Planning Resources

About Balaton, Minnesota

Balaton, a city located in the state of Minnesota (MN), is home to a population of approximately 548 people. Balaton boasts a median age of 39.1, with around 29% of its residents aged 60 or above. 9.1% of the population identifies as US Veterans. 12.6% of Balaton residents are disabled. The city has an average household income of $53,333, while the unemployment rate stands at 7.7%, and around 15.5% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Balaton is $80,000, with a monthly rent averaging $1,025.