Life in Lakeville research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Lakeville over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Lakeville:
The population in Lakeville is 72,480.
The median home value in Lakeville is $482,896.
The median income in Lakeville is $138,119.
The cost of living in Lakeville is 119 which is 1.2x higher than the national average.
The median rent in Lakeville is $1,727.
The unemployment rate in Lakeville is 2.3%.
The poverty rate in Lakeville is 3.3%.
The average high in Lakeville is 55.2° and the average low is 34.8°.
Crime in Lakeville summary. We use data from the FBI to determine the crime rates in Lakeville. Key points include:
There were 606 total crimes in Lakeville in the last reporting year.
The overall crime rate per 100,000 people in Lakeville is 787.7 / 100k people.
The violent crime rate per 100,000 people in Lakeville is 93.6 / 100k people.
The property crime rate per 100,000 people in Lakeville is 694.1 / 100k people.
Overall, crime in Lakeville is -62.83% below the national average.
| Statistic | Count Raw |
Lakeville / 100k People |
Minnesota / 100k People |
National / 100k People |
|---|---|---|---|---|
| Total Crimes Per 100K | 606 | 787.7 | 1,862.9 | 2,119.2 |
| Violent Crime | 72 | 93.6 | 256.6 | 359.0 |
| Murder | 2 | 2.6 | 2.9 | 5.0 |
| Robbery | 5 | 6.5 | 48.9 | 61.0 |
| Aggravated Assault | 42 | 54.6 | 168.0 | 256.0 |
| Property Crime | 534 | 694.1 | 1,606.3 | 1,760.0 |
| Burglary | 30 | 39.0 | 184.7 | 229.0 |
| Larceny | 471 | 612.3 | 1,208.5 | 1,272.0 |
| Car Theft | 33 | 42.9 | 213.1 | 259.0 |
Cost of living in Lakeville summary. We use data on the cost of living to determine how expensive it is to live in Lakeville. Real estate prices drive most of the variance in cost of living around Minnesota. Key points include:
The cost of living in Lakeville is 119 with 100 being average.
The cost of living in Lakeville is 1.2x higher than the national average.
The median home value in Lakeville is $482,896.
The median income in Lakeville is $138,119.
| Living Expense | Lakeville | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 119 | 97 | 100 | |
| Services | 96 | 101 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 101 | 110 | 100 | |
| Housing | 168 | 100 | 100 | |
| Transportation | 95 | 95 | 100 | |
| Utilities | 95 | 94 | 100 | |
The average high in Lakeville is 55.2° and the average low is 34.8°.
There are 60.5 days of precipitation each year.
Expect an average of 31.6 inches of precipitation each year with 44.3 inches of snow.
| Stat | Lakeville |
|---|---|
| Average Annual High | 55.2 |
| Average Annual Low | 34.8 |
| Annual Precipitation Days | 60.5 |
| Average Annual Precipitation | 31.6 |
| Average Annual Snowfall | 44.3 |
The current population in Lakeville is 72,480. The population has increased 34.3% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 72,480 | 2.5% |
| 2022 | 70,696 | 2.4% |
| 2021 | 69,026 | 5.0% |
| 2020 | 65,710 | 2.8% |
| 2019 | 63,915 | 2.3% |
| 2018 | 62,489 | 2.3% |
| 2017 | 61,056 | 2.1% |
| 2016 | 59,786 | 2.0% |
| 2015 | 58,592 | 1.5% |
| 2014 | 57,715 | 1.7% |
| 2013 | 56,758 | 1.6% |
| 2012 | 55,888 | 1.7% |
| 2011 | 54,951 | 1.8% |
| 2010 | 53,984 | - |
79.0% White with 57,289 White residents.
4.2% African American with 3,073 African American residents.
0.2% American Indian with 167 American Indian residents.
5.7% Asian with 4,117 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.6% Other with 469 Other residents.
4.0% Two Or More with 2,912 Two Or More residents.
6.1% Hispanic with 4,453 Hispanic residents.
| Race | Lakeville | MN | USA |
|---|---|---|---|
| White | 79.0% | 76.7% | 58.2% |
| African American | 4.2% | 6.7% | 12.0% |
| American Indian | 0.2% | 0.7% | 0.5% |
| Asian | 5.7% | 5.0% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.6% | 0.4% | 0.5% |
| Two Or More | 4.0% | 4.1% | 3.9% |
| Hispanic | 6.1% | 6.2% | 19.0% |
Lakeville is 48.8% female with 35,373 female residents.
Lakeville is 51.2% male with 37,106 male residents.
| Gender | Lakeville | MN | USA |
|---|---|---|---|
| Female | 48.8% | 49.9% | 50.5% |
| Male | 51.2% | 50.1% | 49.5% |
1.0% of adults in Lakeville completed < 9th grade.
1.0% of adults in Lakeville completed 9-12th grade.
16.0% of adults in Lakeville completed high school / ged.
18.0% of adults in Lakeville completed some college.
12.0% of adults in Lakeville completed associate's degree.
35.0% of adults in Lakeville completed bachelor's degree.
12.0% of adults in Lakeville completed master's degree.
3.0% of adults in Lakeville completed professional degree.
2.0% of adults in Lakeville completed doctorate degree.
| Education | Lakeville | MN | USA |
|---|---|---|---|
| < 9th Grade | 1.0% | 2.0% | 5.0% |
| 9-12th Grade | 1.0% | 3.0% | 6.0% |
| High School / GED | 16.0% | 24.0% | 26.0% |
| Some College | 18.0% | 20.0% | 19.0% |
| Associate's Degree | 12.0% | 12.0% | 9.0% |
| Bachelor's Degree | 35.0% | 25.0% | 21.0% |
| Master's Degree | 12.0% | 10.0% | 10.0% |
| Professional Degree | 3.0% | 2.0% | 2.0% |
| Doctorate Degree | 2.0% | 2.0% | 2.0% |
2.1% of households in Lakeville earn Less than $10,000.
0.5% of households in Lakeville earn $10,000 to $14,999.
2.2% of households in Lakeville earn $15,000 to $24,999.
3.0% of households in Lakeville earn $25,000 to $34,999.
5.3% of households in Lakeville earn $35,000 to $49,999.
9.4% of households in Lakeville earn $50,000 to $74,999.
11.5% of households in Lakeville earn $75,000 to $99,999.
21.2% of households in Lakeville earn $100,000 to $149,999.
18.1% of households in Lakeville earn $150,000 to $199,999.
26.7% of households in Lakeville earn $200,000 or more.
| Income | Lakeville | MN | USA |
|---|---|---|---|
| Less than $10,000 | 2.1% | 3.5% | 4.9% |
| $10,000 to $14,999 | 0.5% | 2.8% | 3.6% |
| $15,000 to $24,999 | 2.2% | 5.4% | 6.6% |
| $25,000 to $34,999 | 3.0% | 5.8% | 6.8% |
| $35,000 to $49,999 | 5.3% | 9.6% | 10.4% |
| $50,000 to $74,999 | 9.4% | 15.7% | 15.7% |
| $75,000 to $99,999 | 11.5% | 13.5% | 12.7% |
| $100,000 to $149,999 | 21.2% | 19.7% | 17.4% |
| $150,000 to $199,999 | 18.1% | 10.9% | 9.3% |
| $200,000 or more | 26.7% | 13.1% | 12.6% |