In 2023, Lakefield, MN had a population of 1.65k people with a median age of 43.9 and a median household income of $62,656. Between 2022 and 2023 the population of Lakefield, MN grew from 1,626 to 1,652, a 1.6% increase and its median household income grew from $58,977 to $62,656, a 6.24% increase.
The 5 largest ethnic groups in Lakefield, MN are White (Non-Hispanic) (91.8%), Two+ (Non-Hispanic) (3.69%), White (Hispanic) (2.6%), Two+ (Hispanic) (1.03%), and Black or African American (Non-Hispanic) (0.484%).
None of the households in Lakefield, MN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
98.7% of the residents in Lakefield, MN are U.S. citizens.
In 2023, the median property value in Lakefield, MN was $115,900, and the homeownership rate was 87.9%.
Most people in Lakefield, MN drove alone to work, and the average commute time was 16.9 minutes. The average car ownership in Lakefield, MN was 2 cars per household.