Last updated: 2024 BLS data · Page refreshed:
Lakeland has a population of 1,492 with a median age of 56.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,492 |
| Median Age | 56.2 |
| White | 93.8% |
| Black or African American | 0.4% |
| Asian | 0.7% |
| Hispanic or Latino | 3.9% |
| Other / Two or More Races | 1.2% |
The median household income in Lakeland is $100,132, which is 24.2% above the national median of $80,610. The per capita income is $58,009. The poverty rate is 3.3%.
Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.
In Lakeland, 97.8% of residents age 25+ have a high school diploma or higher, and 47.3% hold a bachelor's degree or higher (15.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.8% |
| Bachelor's Degree or Higher | 47.3% |
| Graduate or Professional Degree | 15.1% |
The median home value in Lakeland is $373,900, above the national median of $303,400. The median monthly rent is $1,668. The homeownership rate is 86.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $373,900 |
| Median Monthly Rent | $1,668 |
| Homeownership Rate | 86.6% |
| Vacancy Rate | 4.7% |
Explore salary data for popular occupations in Minnesota:
Find resources to help plan your move, explore homes, and compare insurance rates in Minnesota.
Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.
Join Americans who use data to make smarter decisions. Privacy Policy