Diamond Lake is a township in Lincoln County, Minnesota, home to about 228 people across 32 square miles. It has no ZIP code of its own: it’s part of 56113 and 56149.
Homes sold for a median of $94 per square foot across 2 ZIP codes in the three months ending August 2026, and 1 of 2 were seller’s markets.
Population2287 per sq mi
Median home value$212,500Census, as estimated by owners
Price per sq ft$94Sold homes, 3 months to August 2026
Each card is that ZIP code’s whole market, including any part outside Diamond Lake. Seller’s market: under 4 months of supply; buyer’s market: over 6. Methodology
The Diamond Lake guide is on the way
We’re writing up Diamond Lake’s story and what everyday life there is like, for people thinking about moving in.
History
What it’s like to live there
Getting around
Things to do
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Around Diamond Lake
Distances
Nearest major airport
Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP)156 miles away
Closer regional airport
Sioux Falls Regional Airport (FSD)54 miles away
Nearest city of 250,000+
Minneapolis, MN155 miles away
Nearest city of 1 million+
Chicago, IL466 miles away
Straight-line distances from the center of Diamond Lake; driving is longer.
Source: Airports from OurAirports (scheduled passenger service); city centers and populations from the U.S. Census Bureau.
Source: Members of Congress from the congress-legislators project; districts from the Census Bureau’s relationship files; governor and mayor from Wikidata.
Population over time
Diamond Lake had 218 residents in the 2020 census, down 6% since 2000.
It’s the 1739th largest of 2,727 towns in Minnesota by population.
Lincoln County grew from 8,966 residents in 1900 to 5,640 in 2020.
Lincoln County, 1900–2020
Source: U.S. Census Bureau decennial censuses (counties 1900–1990 from the Bureau’s historical county file).
Weather by month
Average highs peak around 82°F in summer, and winter lows average 5°F. About 28.9 inches of rain and melted snow fall in a typical year, with about 40 inches of snow.
Source: NOAA 1991–2020 climate normals, Pipestone, MN weather station (19 miles away).
Jobs in Lincoln County
1,176 jobs at 183 businesses in Lincoln County. The biggest industries by employees:
Source: U.S. Census Bureau County Business Patterns 2023 (private employers; jobs counted where people work).
Public schools here are run by Lake Benton Public School District, Pipestone Area School District. Check each district’s attendance zones for a specific address.
Public schools(3)
School
Grades
Students
Type
Distance
Lake Benton ElementaryLake Benton
Pre-K–6
100
Public
2.2 mi
Heartland ElementaryLake Benton
K–8
12
Public
8.8 mi
Lake Benton SecondaryLake Benton
7–12
2
Public
2.2 mi
Source: U.S. Department of Education, NCES: Common Core of Data (2024-2025) for public schools. Listed by address; we don’t rate schools.
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Shares ZIP codes with Lake Benton City, Lake Benton Township, Lake Stay, Arco, Drammen, Shaokatan, Marshfield, Ash Lake, Verdi and Island Lake Township (Lyon County).
Town boundaries don’t always match ZIP codes: a ZIP code can cross into neighboring towns, and a town can share a ZIP code with its neighbors. Facts describe the town itself; market figures describe whole ZIP codes.