Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Lakeville, MN

Comprehensive demographics, housing data, local amenities, and economic statistics for Lakeville.

← Back to Lakeville Hub

Community Insights

Highly Educated
33% bachelor's · 12% graduate
top 5% nationally
High Incomes
$138k/year
top 5% nationally
Leading Industries
Transportation · Arts, Food & Hospitality · Professional Services
4% transportation
Home Value Growth⬆
+5.7% over 2 years
Family-Friendly
27% of residents
above average nationally
Homeowners
88% of occupied units

People & Demographics

Total Population74,354
Households—
Under 18
27.0%
Age 18–34
27.0%
Age 35–64
34.0%
Age 65+
12.0%
Veterans
6.0%
Active Duty
0.0%

Housing & Living

Median Home Value$458,577
Median Gross Rent$1,939/mo
Owner Occupied
87.8%
Renter Occupied
12.2%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$137,558
Poverty Rate—

Key Industries

Healthcare12.0%
Professional Services2.0%
Manufacturing0.0%
Retail10.0%
Education2.0%

Amenities & Transit

Transit Score76 / 100
Walkability / Amenities65 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
33.0%
Master's or Higher
12.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Lakeville?›

The total population of Lakeville is approximately 74,354. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Lakeville walkable and transit-friendly?›

Based on local geographic data, Lakeville has an amenity and walkability score of 65/100 and a transit score of 76/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Lakeville?›

The housing market in Lakeville is predominantly driven by homeowners, with 88% of housing units being owner-occupied and 12% being renter-occupied.

What is the education level of residents in Lakeville?›

In Lakeville, approximately 33% of adult residents hold a bachelor's degree or higher. Additionally, 12% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.