Balaton, Minnesota Balaton, Minnesota Balaton is a city in Lyon County, Minnesota, United States. The population was 643 at the 2010 census. Balaton was platted in 1879 by the railroad. It was named after Lake Balaton, in Hungary. A post office has been in operation at Balaton since 1879. Balaton was incorporated in 1882. According to the United States Census Bureau, the city has a total area of , of which is land and is water. As of the census of 2010, there were 643 people, 273 households, and 168 families residing in the city. The population density was . There were
Lake of the Ozarks construction. During the process of land acquisition for the lake during the 1920s, of land were set aside for a national park along the Grand Glaize Arm of the lake. In 1946, this land was acquired by the State of Missouri for Lake of the Ozarks State Park, the largest State Park in Missouri. Lake of the Ozarks State Park is home to Party Cove, a rowdy gathering spot that a New York "Times" writer called the "oldest established permanent floating bacchanal in the country." The Missouri State Water Patrol has estimated that the cove attracts up to 3,000 boats