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.

Lakeville is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Lakeville really has some of the features that families look for when choosing a good community to raise children. Is Lakeville perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Lakeville. 50.56% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 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.