Lakeville, MN
REAL ESTATE & DEMOGRAPHIC DATA






Lakeville profile


Living in Lakeville


Lakeville is a larger medium-sized city located in the state of Minnesota. With a population of 67,317 people and nine constituent neighborhoods, Lakeville is the 16th largest community in Minnesota.

Lakeville real estate is some of the most expensive in Minnesota, although Lakeville house values don't compare to the most expensive real estate in the U.S.

Unlike some cities, Lakeville isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Lakeville are a mix of both white- and blue-collar jobs. Overall, Lakeville is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Lakeville who work in management occupations (12.68%), office and administrative support (12.12%), and sales jobs (11.65%).

Also of interest is that Lakeville has more people living here who work in computers and math than 95% of the places in the US.

Because of many things, Lakeville is a great place for families with children to consider. First of all, many other families with children live here, making Lakeville a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lakeville has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lakeville’s overall crime rate is lower than average for the country.

Do you like to read, write and learn? If you move to Lakeville, you'll likely find that many of your neighbors like to as well. Lakeville is one of the more educated communities in America, with a full 50.56% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Lakeville in 2018 was $45,254, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $181,016 for a family of four.

Lakeville is a somewhat ethnically-diverse city. The people who call Lakeville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lakeville residents report their race to be White, followed by Asian. Important ancestries of people in Lakeville include German, Norwegian, Irish, English, and Swedish.

The most common language spoken in Lakeville is English. Other important languages spoken here include Spanish and African languages.