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Prior Lake, Minnesota   Add Favorite    3 Reviews | Review This Place




Find your Best Mortgage in Prior Lake: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Education
-Attractive downtown
-Attractive neighborhoods

Cons

-Growth and sprawl
-Cost of living
-Harsh winters


What Bert Has To Say About Minneapolis-St. Paul-Bloomington Metro Area


The “twin cities” serve as a regional center for the upper Midwest and northern Great Plains. The fully cosmopolitan area is a balanced industrial, commercial, educational, and cultural center, and functions much as one city. The area is one of the most economically diverse in the country, serving as headquarters to large firms in agriculture, food, banking, technology, retailing, healthcare, and transportation. A few of the well-known companies include General Mills, 3M, US Bancorp, United Healthcare, and retailers Target and Best Buy. Job growth is still fairly modest, but overall, the Twin Cities have have a strong and prosperous feel.


Bert Suggests test-driving a neighborhood in Prior Lake with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights



Quick Facts About Prior Lake


    ECONOMY
    The unemployment rate in Prior Lake is 3.30 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Prior Lake jobs have Increased by 1.32 percent.
    COST OF LIVING
    Compared to the rest of the country, Prior Lake's cost of living is 24.90% Higher than the U.S. average.
    POPULATION
    As of 2014, Prior Lake's population is 25,282 people. Since 2000, it has had a population growth of 120.19 percent.
    TRANSPORTATION
    Average Commute time is 27 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Prior Lake is $306,300. Home appreciation the last 10 years has been -12.57%.
    SCHOOLS
    Prior Lake public schools spend $11,030 per student. The average school expenditure in the U.S. is $12,383. There are about 19.3 students per teacher in Prior Lake.

Prior Lake Ranked & Rated



Prior Lake Housing Market


It's a good time to buy in Prior Lake. Home Appreciation is up 1.3% in the last 12 months. Browse Prior Lake Real Estate.
The median home price in Prior Lake is $306,300. Browse Homes in this Range.
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Reviews for Prior Lake, Minnesota


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Prior Lake

Star Rating Not a fan. Not for me. Just okay. Great place. The best place.
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Start Your Review of Prior Lake, MN


  10/11/2012
Love it!

Prior Lake is an amazing place to raise a family and to live. The city puts a lot of money into community events that are almost always free or of low cost. From the... (Read More)

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  4/7/2010
PL Has it all!

A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,... (Read More)

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  6/24/2007
Prior Lake---an outlying "suburb" of Minneapolis

We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River... (Read More)

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