Lino Lakes, Minnesota, has experienced steady growth in recent years, with its population reaching approximately 22,774 residents as of July 2024. This represents a 6.4% increase since April 2020, reflecting the city’s appeal as a residential and business hub.
Key Industries and Employment
The local economy is diverse, with significant employment in manufacturing, healthcare and social assistance, and retail trade. In 2024, manufacturing employed 1,662 individuals, healthcare and social assistance accounted for 1,621 jobs, and retail trade provided employment for 1,155 residents. Notably, the utilities sector offered the highest average annual salary at $128,570, followed by agriculture, forestry, fishing, and hunting at $95,795, and manufacturing at $91,736.
Business Development and Support
The City of Lino Lakes actively promotes commercial and industrial development to diversify its economic base and create local employment opportunities. The Economic Development department assists businesses in finding suitable sites, offers incentive programs, and collaborates with local organizations to strengthen the business climate. Resources are available for entrepreneurs looking to start or grow their businesses, including assistance programs and information on available real estate opportunities.
Community Profile
With a median household income of $127,181 and a median age of 41.5 years, Lino Lakes boasts a well-educated and affluent population. Approximately 43.3% of residents hold a bachelor’s degree or higher, contributing to a skilled workforce that supports the city’s economic vitality.
As Lino Lakes continues to grow, its commitment to fostering a supportive environment for businesses and residents alike positions the city as a dynamic and prosperous community in the Twin Cities metro area.