Lakeville, Massachusetts Median Income

Lakeville, Massachusetts has a population of 11,700, with a median household income of $94,000.

Current median income data for Lakeville.

$94,000

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Population

11,700

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Median Income

$94,000

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Unemployment

4.70%

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Housing Price

$520,000

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Crime Rate

3.50

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Internet Speed

215.00 Mbps

Lakeville is a small local community located in Massachusetts. The city has a population that is below the average city population in Massachusetts, 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 Massachusetts, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Lakeville has a population of 11,700, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Lakeville is $94,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Lakeville is about $520,000, making it relatively affordable compared to many cities in Massachusetts.

Employment and Safety

The unemployment rate in Lakeville is 4.70%, slightly above the state average, suggesting moderate employment conditions. 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 Massachusetts, 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 Massachusetts.

Frequently Asked Questions about Lakeville

What is the population of Lakeville?

The population of Lakeville is approximately 11,700.

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 $94,000.

How expensive is housing in Lakeville?

The average housing price in Lakeville is approximately $520,000.