Lakeville, MN


Most expensive Lakeville neighborhoods

Lakeville profile

Living in Lakeville

Lakeville is a larger medium-sized city located in the state of Minnesota. With a population of 60,633 people and nine constituent neighborhoods, Lakeville is the 16th largest community in Minnesota.

Lakeville home prices are not only among the most expensive in Minnesota, but Lakeville real estate also consistently ranks among the most expensive in America.

Lakeville is a decidedly white-collar city, with fully 85.14% of the workforce employed in white-collar jobs, well above the national average. Overall, Lakeville is a city of sales and office workers, professionals, and managers. There are especially a lot of people living in Lakeville who work in sales jobs (14.12%), management occupations (13.84%), and office and administrative support (12.28%).

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.

Lakeville is one of the most well-educated cities in the nation. 47.72% of adults in Lakeville have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Lakeville in 2010 was $37,357, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $149,428 for a family of four.

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 Norwegian, Irish, Swedish, and English.

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