Prior Lake, MN's Data
About Prior Lake, MN's
Prior Lake is a city located in Scott County, Minnesota, roughly 20 miles southwest of downtown Minneapolis. It was incorporated as a village in 1851 and later as a city in 1970. The city is named after the nearby lake, which was itself named after Charles Prior, a superintendent of the Milwaukee Road. The area is known for its scenic lakes, wooded areas, and vibrant community life, making it a popular suburban enclave in the Twin Cities metropolitan area.
City: Prior Lake
State: Minnesota
Country: United States
Population: 26840
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Prior Lake, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Prior Lake, MN
Mystic Lake Casino Hotel - A large casino resort offering gaming, entertainment, dining, and hotel accommodations.
Cleary Lake Regional Park - A popular spot for outdoor activities including golfing, camping, and cross-country skiing.
The Wilds Golf Club - A championship golf course known for its challenging layout and beautiful natural settings.
Lakefront Park - Offers a variety of recreational activities with access to Prior Lake, picnic areas, and a boardwalk.
Playworks - A child-centered educational facility providing interactive play, child care, and family fun.
The Economy of Prior Lake, MN
The economy of Prior Lake is diverse, with a mix of retail, manufacturing, and service industries. It is also home to the Shakopee Mdewakanton Sioux Community (SMSC), which contributes significantly to the local economy through its enterprises, including the Mystic Lake Casino Hotel, the largest casino resort destination in the Twin Cities. Additionally, the city benefits from its proximity to major employment centers in Minneapolis and St. Paul, allowing residents to partake in the broader economic activities of the region.
Prior Lake, MN Inflation
Understanding the BLS and Inflation in Prior Lake, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Prior Lake, MN. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Prior Lake, MN understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Prior Lake, MN using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Prior Lake, MN when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Prior lake, MN
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