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Lakeville, Connecticut

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
510
Population
$163,375
Median Income
$868,200
Home Value
57.6
Median Age

Demographics

Lakeville has a population of 510 with a median age of 57.6. Here is the racial and ethnic breakdown of the population:

White
95.1%
Other
4.9%
Demographic Value
Total Population510
Median Age57.6
White95.1%
Other / Two or More Races4.9%
Lakeville, Connecticut — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 95.1%Other: 4.9%510PopulationWhiteWhite95.1%OtherOther4.9%

Income & Economy

The median household income in Lakeville is $163,375, which is 102.7% above the national median of $80,610. The per capita income is $91,188. The poverty rate is 5.3%.

$163,375
Median Household Income
$91,188
Per Capita Income
5.3%
Poverty Rate

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Education

In Lakeville, 100.0% of residents age 25+ have a high school diploma or higher, and 77.9% hold a bachelor's degree or higher (49.9% with a graduate or professional degree).

HS Diploma+
100.0%
Bachelor's+
77.9%
Graduate+
49.9%
Education Level % of Adults (25+)
High School Diploma or Higher100.0%
Bachelor's Degree or Higher77.9%
Graduate or Professional Degree49.9%

Housing

The median home value in Lakeville is $868,200, above the national median of $303,400. The homeownership rate is 100.0%.

$868,200
Median Home Value
100.0%
Homeownership Rate
Housing Metric Value
Median Home Value$868,200
Homeownership Rate100.0%
Vacancy Rate25.7%

Salaries in Connecticut

Explore salary data for popular occupations in Connecticut:

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Other Cities in Connecticut

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Frequently Asked Questions

What is the population of Lakeville, Connecticut?
The population of Lakeville, Connecticut is 510 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lakeville, Connecticut?
The median household income in Lakeville, Connecticut is $163,375. This is 102.7% above the national median of $80,610.
What is the median home value in Lakeville, Connecticut?
The median home value in Lakeville, Connecticut is $868,200.
What percentage of people in Lakeville have a college degree?
In Lakeville, Connecticut, 77.9% of adults age 25 and older hold a bachelor's degree or higher, and 100.0% have a high school diploma or higher.
Is Lakeville, Connecticut an affordable place to live?
The home price-to-income ratio in Lakeville, Connecticut is 5.3x (median home value $868,200 vs. median income $163,375), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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