Lakeville, MN

Census Place

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2022 Population
70,696
2.42% 1-year growth
2022 Median Age
36.5
1.39% 1-year increase
2022 Poverty Rate
3.82%
2.76% 1-year decrease
2022 Median Household Income
$129,069
7.58% 1-year growth
2022 Median Property Value
$395,900
15.7% 1-year growth

About

In 2022, Lakeville, MN had a population of 70.7k people with a median age of 36.5 and a median household income of $129,069. Between 2021 and 2022 the population of Lakeville, MN grew from 69,026 to 70,696, a 2.42% increase and its median household income grew from $119,970 to $129,069, a 7.58% increase.

The 5 largest ethnic groups in Lakeville, MN are White (Non-Hispanic) (79.8%), Asian (Non-Hispanic) (5.96%), Black or African American (Non-Hispanic) (4.49%), Two+ (Non-Hispanic) (3.67%), and White (Hispanic) (1.93%).

None of the households in Lakeville, 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.

96.9% of the residents in Lakeville, MN are U.S. citizens.

In 2022, the median property value in Lakeville, MN was $395,900, and the homeownership rate was 87.4%.

Most people in Lakeville, MN drove alone to work, and the average commute time was 25 minutes. The average car ownership in Lakeville, MN was 2 cars per household.

Population & Diversity

Lakeville, MN is home to a population of 70.7k people, from which 96.9% are citizens. As of 2022, 8.4% of Lakeville, MN residents were born outside of the country (5.94k people).

In 2022, there were 13.4 times more White (Non-Hispanic) residents (56.4k people) in Lakeville, MN than any other race or ethnicity. There were 4.22k Asian (Non-Hispanic) and 3.17k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

96.9%
2022 Citizenship
96.9%
2021 Citizenship

As of 2022, 96.9% of Lakeville, MN residents were US citizens, which is higher than the national average of 93.5%. In 2021, the percentage of US citizens in Lakeville, MN was 96.9%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Lakeville, MN compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Lakeville, MN
  1. White (Non-Hispanic)
    56.4k ± 1.26k
  2. Asian (Non-Hispanic)
    4.22k ± 677
  3. Black or African American (Non-Hispanic)
    3.17k ± 930
5.34%
Hispanic Population
3.78k people

In 2022, there were 13.4 times more White (Non-Hispanic) residents (56.4k people) in Lakeville, MN than any other race or ethnicity. There were 4.22k Asian (Non-Hispanic) and 3.17k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

5.34% of the people in Lakeville, MN are hispanic (3.78k people).

The following chart shows the 7 races represented in Lakeville, MN as a share of the total population.

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Foreign-Born Population

8.4%
2022 Foreign-Born Population
5.94k people
8.17%
2021 Foreign-Born Population
5.64k people

As of 2022, 8.4% of Lakeville, MN residents (5.94k people) were born outside of the United States, which is lower than the national average of 13.6%. In 2021, the percentage of foreign-born citizens in Lakeville, MN was 8.17%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Lakeville, MN compared to that of it's neighboring and parent geographies.

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Veterans

Most Common Service Period
  1. Vietnam
    908 ± 158
  2. Gulf War (2001-)
    683 ± 231
  3. Gulf War (1990s)
    424 ± 150

Lakeville, MN has a large population of military personnel who served in Vietnam, 1.33 times greater than any other conflict.

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Economy

The economy of Lakeville, MN employs 38.7k people. The largest industries in Lakeville, MN are Health Care & Social Assistance (5,919 people), Retail Trade (4,736 people), and Manufacturing (4,122 people), and the highest paying industries are Management of Companies & Enterprises ($132,885), Professional, Scientific, & Technical Services ($100,948), and Finance & Insurance ($93,792).

Occupations

38.7k
2022 Value
± 1,561
1.54%
1 Year growth
± 5.59%

From 2021 to 2022, employment in Lakeville, MN grew at a rate of 1.54%, from 38.1k employees to 38.7k employees.

The most common job groups, by number of people living in Lakeville, MN, are Management Occupations (5,212 people), Sales & Related Occupations (4,620 people), and Office & Administrative Support Occupations (4,119 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lakeville, MN.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in the United States (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

38.7k
2022 Value
± 1,561
1.54%
1 Year growth
± 5.59%

From 2021 to 2022, employment in Lakeville, MN grew at a rate of 1.54%, from 38.1k employees to 38.7k employees.

The most common employment sectors for those who live in Lakeville, MN, are Health Care & Social Assistance (5,919 people), Retail Trade (4,736 people), and Manufacturing (4,122 people). This chart shows the share breakdown of the primary industries for residents of Lakeville, MN, though some of these residents may live in Lakeville, MN and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$82,467
Median earning men ± $4,017
$51,880
Median earning women ± $2,380

The industries with the best median earnings for men in 2022 are Finance & Insurance, & Real Estate & Rental & Leasing ($114,079), Professional, Scientific, & Management, & Administrative & Waste Management Services ($104,286), and Public Administration ($104,024).

The industries with the best median earnings for women in 2022 are Wholesale Trade ($77,804), Finance & Insurance, & Real Estate & Rental & Leasing ($72,243), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($68,507).

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Civics

are the senators currently representing the state of the United States. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming is currently represented by 435 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

US Senators from the United States

Senator from N/AN/A
  1. N/AN/A
    N/A
  2. N/AN/A
    N/A

are the senators currently representing the United States.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in the United States over time, excluding special elections, colored by their political party.

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US Representatives from Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming is currently represented by 435 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming have changed over time starting in 2008.

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Education

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Educational Pyramid

Data is only available at the state level. Showing data for Minnesota.
Measure

In 2022, 0.877% of men over 25 years of age had not completed any academic degree (no schooling), while 0.991% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for Minnesota.
Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (1.07M), Bachelors Degree (1.04M), and Some college (962k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Lakeville, MN was $395,900 in 2022, which is 1.4 times larger than the national average of $281,900. Between 2021 and 2022 the median property value increased from $342,100 to $395,900, a 15.7% increase. The homeownership rate in Lakeville, MN is 87.4%, which is approximately the same as the national average of 64.8%.

People in Lakeville, MN have an average commute time of 25 minutes, and they drove alone to work. Car ownership in Lakeville, MN is approximately the same as the national average, with an average of 2 cars per household.

Median household income in Lakeville, MN is $129,069. In 2022, the place with the highest median household income in Lakeville, MN was Census Tract 608.16 with a value of $183,036, followed by Census Tract 608.13 and Census Tract 608.19, with respective values of $126,023 and $120,313.

Property

$395,900
Median Property Value 2022
±$9,381
$21,186
Median Property Taxes
±$1,102

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lakeville, MN the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Lakeville, MN compared to it's parent and neighbor geographies.

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Rent vs Own

87.4%
Homeownership
2022
67.5%
Homeowners with Mortgage
2022

In 2022, 87.4% of the housing units in Lakeville, MN were occupied by their owner. This percentage declined from the previous year's rate of 88.1%.

This chart shows the percentage of owner in Lakeville, MN compared it's parent and neighboring geographies.

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Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity
Highest Median Household Income (Total)
  1. Census Tract 608.16
  2. Census Tract 608.13
  3. Census Tract 608.19

In 2022, the place with the highest Median Household Income (Total) in Lakeville, MN was Census Tract 608.16 with a value of $183,036, followed by Census Tract 608.13 and Census Tract 608.19, with respective values of $126,023 and $120,313.

The following map shows all of the places in Lakeville, MN colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$129,069
Median Household Income
± $6,766
24.3k
Number of Households
± 1,172

In 2022, the median household income of the 24.3k households in Lakeville, MN grew to $129,069 from the previous year's value of $119,970.

The following chart displays the households in Lakeville, MN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Wage Distribution

The closest comparable wage GINI for Lakeville, MN is from Lakeville, MN.
N/A Wage GINI in N/A
  1. N/A
  2. N/A

In N/A, the income inequality in N/A was N/A according to the GINI calculation of the wage distribution. Income inequality had a N/A N/A from N/A to N/A, which means that wage distribution grew somewhat N/A even. The GINI for N/A was N/A than the national average of 0.478. In other words, wages are distributed N/A evenly in N/A in comparison to the national average.

This chart shows the number of workers in Lakeville, MN across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2022
  1. Drove Alone (71%)
  2. Worked At Home (17.5%)
  3. Carpooled (7.66%)

In 2022, 71% of workers in Lakeville, MN drove alone to work, followed by those who worked at home (17.5%) and those who carpooled to work (7.66%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

25 minutes
Average Travel Time

Using averages, employees in Lakeville, MN have a shorter commute time (25 minutes) than the normal US worker (26.7 minutes). Additionally, 0.683% of the workforce in Lakeville, MN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lakeville, MN compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Lakeville, MN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lakeville, MN have 2 cars.

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Poverty & Diversity

3.82% of the population for whom poverty status is determined in Lakeville, MN (2.68k out of 70.1k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 35 - 44, followed by Males 55 - 64 and then Females 6 - 11.

The most common racial or ethnic group living below the poverty line in Lakeville, MN is White, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

97.7% of the population of Lakeville, MN has health coverage, with 73.4% on employee plans, 7.88% on Medicaid, 7.76% on Medicare, 7.78% on non-group plans, and 0.877% on military or VA plans.

Health Care Diversity

In 2022, insured persons according to age ranges were distributed in 29.5% under 18 years, 18% between 18 and 34 years, 42.8% between 35 and 64 years, and 9.82% over 64 years.

By gender, of the total number of insured persons, 50.6% were men and 49.4% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

2.33%
Uninsured
73.4%
Employer Coverage
7.88%
Medicaid
7.76%
Medicare
7.78%
Non-Group
0.877%
Military or VA

Between 2021 and 2022, the percent of uninsured citizens in Lakeville, MN grew by 3.2% from 2.26% to 2.33%.

The following chart shows how the percent of uninsured individuals in Lakeville, MN changed over time compared with the percent of individuals enrolled in various types of health insurance.

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