Last updated: 2024 BLS data · Page refreshed:
Lakeville has a population of 74,354 with a median age of 36.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 74,354 |
| Median Age | 36.8 |
| White | 77.6% |
| Black or African American | 6.6% |
| Asian | 6.2% |
| Hispanic or Latino | 6.1% |
| Other / Two or More Races | 3.5% |
The median household income in Lakeville is $139,041, which is 72.5% above the national median of $80,610. The per capita income is $57,291. The poverty rate is 2.9%.
The unemployment rate in Lakeville is 2.4%, compared to the national rate of 4.1%.
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In Lakeville, 96.5% of residents age 25+ have a high school diploma or higher, and 50.6% hold a bachelor's degree or higher (16.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.5% |
| Bachelor's Degree or Higher | 50.6% |
| Graduate or Professional Degree | 16.6% |
The median home value in Lakeville is $452,500, above the national median of $303,400. The median monthly rent is $1,806. The homeownership rate is 87.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $452,500 |
| Median Monthly Rent | $1,806 |
| Homeownership Rate | 87.8% |
| Vacancy Rate | 2.4% |
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