Lakeville, Minnesota Population

Lakeville, Minnesota has a population of 73,400, with a median household income of $118,500.

Current population data for Lakeville.

73,400

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Population

73,400

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Median Income

$118,500

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Unemployment

2.80%

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Housing Price

$485,000

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Crime Rate

14.10

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Internet Speed

1000.00 Mbps

Lakeville is a smaller urban community located in Minnesota. The city has a population that is above the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Lakeville, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Lakeville has a population of 73,400, which is higher than the state average. This indicates a relatively larger urban presence within Minnesota.

Income and Economy

The median household income in Lakeville is $118,500, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Lakeville average around $485,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Lakeville is 2.80%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Lakeville are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Lakeville shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Lakeville offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Lakeville

What is the population of Lakeville?

The population of Lakeville is approximately 73,400.

Is Lakeville a good place to live?

Lakeville offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Lakeville?

The median household income in Lakeville is around $118,500.

How expensive is housing in Lakeville?

The average housing price in Lakeville is approximately $485,000.