Demographics

The City of Lakeville is a family-oriented community that serves as the southern gateway to the Twin Cities metropolitan area. Encompassing 38-square miles, the community offers a well-balanced atmosphere of planned development and managed growth.

Lakeville combines a peaceful and safe small-town atmosphere with the convenience of easy access to the metropolitan area. Excellent schools, an arts center, and a wide variety of recreational opportunities add to the community spirit and quality of life enjoyed by residents.

With a population of 69,490* Lakeville has an active and growing business community, with over 1,200 businesses. Opportunities abound for commercial development to provide goods and services for the growing population. Lakeville provides businesses with easy access to Twin Cities amenities, as well as ideal access to southern Minnesota and points south, including Rochester, La Crosse, Des Moines and Chicago.

An aggregation of demographic information for Lakeville can be found via the link below:

Lakeville demographic information/community profile

• Population: 69,490*
• Population change since 2010: 24.2%*
• Median household income: $112,020*
• Median home value: $428,600^^
• Median age: 38.1*
• Unemployment rate in Lakeville: 2.5%**
• Number of businesses in Lakeville: 1,365^
• Number of jobs in Lakeville: 19,098^

*Source: U.S. Census Bureau
**Source: MN DEED, Local Area Unemployment Statistics – January 2022
^Source: MN DEED, Quarterly Census of Employment and Wages – Q3 2021
^^Source: Dakota County