Lakeville is a larger medium-sized city located in the state of Minnesota. With a population of 69,490 people and 14 constituent neighborhoods, Lakeville is the 11th largest community in Minnesota.
Lakeville home prices are not only among the most expensive in Minnesota, but Lakeville real estate also consistently ranks among the most expensive in America.
Lakeville is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Lakeville is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Lakeville who work in management occupations (13.85%), sales jobs (12.41%), and office and administrative support (10.94%).
Also of interest is that Lakeville has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Lakeville telecommute to their jobs. Overall, about 9.50% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Lakeville is a great place for families with children to consider. First of all, many other families with children live here, making Lakeville a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lakeville has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lakeville’s overall crime rate is lower than average for the country.
Lakeville is one of the most well-educated cities in the nation. 49.19% of adults in Lakeville have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Lakeville in 2018 was $45,980, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $183,920 for a family of four.
Lakeville is a somewhat ethnically-diverse city. The people who call Lakeville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lakeville residents report their race to be White, followed by Asian. Important ancestries of people in Lakeville include German, Norwegian, Irish, English, and Swedish.
The most common language spoken in Lakeville is English. Other important languages spoken here include Spanish and African languages.