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CITY

Lakeville

Indiana · 873 residents (2025 est.) · 0.626 sq mi
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The short version

Lakeville has lower-than-average household income, with a median household income of $62,772. Population has grown 30% since 2000. 15% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $136,500.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 36.2
US median: 38.9
Less educated
15% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
735
+30%since 2000
from 567 in 2000
1990 – 2025
Population density
1,174 / sq mi
+30%since 2000
from 906 / sq mi in 2000
US average: 281
Median age
36.2
−2%since 2000
from 37.1 in 2000
US average: 38.9

PEP 2025 EST:873 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
5366297238179101990201020202024Lakeville
2024735
1990201020202024
Section 02

Income & economy

Median household income
$62,772
+21%inflation adjusted, since 2000
from $28,438 in 2000
US average: $82,259
1990 – 2024
Per capita income
$31,928
+101%since 2000
from $15,885 in 2000
US average: $44,673
Households earning $100K+
33.0%
+16.8 ptssince 2009
from 16.2% in 2009
US average: 53.3%
Poverty rate
17.6%
+4.0 ptssince 2000
from 13.6% in 2000
US average: 12.5%
Income inequality (Gini)
0.386
+7%since 2010
from 0.362 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade21.3%
US avg: 9.9%
Information10.6%
US avg: 10.8%
Finance & insurance9.2%
US avg: 5.9%
Professional, scientific, technical9.2%
US avg: 5.1%
Wholesale trade4.7%
US avg: 6.9%
Other services2%
US avg: 6.7%
Public administration1.2%
US avg: 4.8%
Arts, entertainment, food0.5%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$136,500
+21%inflation adjusted, since 2000
from $61,700 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$797
+5%inflation adjusted, since 2000
from $416 in 2000
US average: $1,442
Owner-occupied
43.5%
−20.8 ptssince 2000
from 64.2% in 2000
56.5% rent
Vacancy rate
17.5%
−3.2 ptssince 2009
from 20.6% in 2009
US average: 10.0%
Owner cost-burdened
18.0%
+9.6 ptssince 2009
from 8.4% in 2009
US average: 22.9%
Renter cost-burdened
38.5%
+2.4 ptssince 2009
from 36.1% in 2009
US average: 47.4%
Afford Score
2.2
Unchangedsince 2000
from 2.2 in 2000
1990 – 2024
Gentrification Score
40
RELATED:See current rent listings in Lakeville on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.6%(548)
Black0.4%(2)
Hispanic / Latino1.6%(9)
Asian0%(0)
Other0%
Diversity Score4.8%(27)
2024
White, non-Hispanic91.6%(673)
Black0%(0)
Hispanic / Latino3.1%(23)
Asian0%(0)
Other5.3%(39)
Diversity Score19.7%(145)
Diversity Score
20
+308%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
14.7%
+6.6 ptssince 2000
from 8.1% in 2000
US average: 35.6%
High school or higher
91.6%
+14.4 ptssince 2000
from 77.2% in 2000
US average: 89.6%
Graduate degree
8.2%
+6.0 ptssince 2000
from 2.2% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
28.5 min
+87%since 2000
from 15.2 min in 2000
US average: 26.5
Drive alone to work
84.4%
+28.5 ptssince 2009
from 55.9% in 2009
US average: 68.9%
Carpooled to work
8.4%
+2.1 ptssince 2009
from 6.3% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
7.2%
+6.3 ptssince 2009
from 0.9% in 2009
US average: 15.0%
Walked to work
0.0%
−31.8 ptssince 2009
from 31.8% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
6.4%
+0.5 ptssince 2009
from 5.9% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.7%
−13.3 ptssince 2011
from 16.0% in 2011
US average: 5.2%
Labor force participation
67.9%
+2.4 ptssince 2011
from 65.5% in 2011
US average: 63.5%
Self-employed
7.9%
−1.2 ptssince 2009
from 9.2% in 2009
US average: 13.1%
Management & professional
30.4%
−33.2 ptssince 2009
from 63.6% in 2009
US average: 42.5%
Section 08

People & community

Male
41.0%
−3.7 ptssince 2009
from 44.7% in 2009
Female
59.0%
+3.7 ptssince 2009
from 55.3% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
4.6%
−35.4 ptssince 2009
from 40.0% in 2009
US average: 6.2%
With a disability
11.3%
−5.8 ptssince 2012
from 17.1% in 2012
US average: 13.3%
Uninsured
7.2%
−71.2 ptssince 2013
from 78.4% in 2013
US average: 8.4%
Broadband at home
87.5%
+30.1 ptssince 2017
from 57.4% in 2017
US average: 91.0%
English only at home
94.7%
−3.1 ptssince 2016
from 97.8% in 2016
US average: 77.7%
Spanish at home
5.3%
+4.5 ptssince 2016
from 0.9% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Lakeville to nearby cities

LAKEVILLE VS
South Bend
Income$55,786−11%
Home value$140,400+3%
Population103,201+11721%
SEE FULL COMPARISON →
LAKEVILLE VS
Mishawaka
Income$54,291−14%
Home value$155,500+14%
Population51,226+5768%
SEE FULL COMPARISON →
LAKEVILLE VS
Plymouth
Income$58,623−7%
Home value$131,800−3%
Population11,081+1169%
SEE FULL COMPARISON →
LAKEVILLE VS
Granger
Income$123,318+96%
Home value$331,100+143%
Population30,321+3373%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lakeville, Indiana?

Lakeville, Indiana has about 735 residents according to the 2024 American Community Survey.

What is the median household income in Lakeville, Indiana?

The typical household in Lakeville, Indiana earns about $62,772 a year. Half of households make more than that, and half make less.

Is Lakeville, Indiana expensive?

In Lakeville, Indiana, the median home is worth about $136,500, and the typical rent is about $797 a month.

How educated are people in Lakeville, Indiana?

About 14.7% of adults age 25 and over in Lakeville, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Lakeville, Indiana?

About 17.6% of people in Lakeville, Indiana live below the federal poverty line.

Has Lakeville, Indiana grown since 1990?

Yes, Lakeville, Indiana has grown since 1990. The population has added about 85 residents, a change of about 13 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Lakeville, Indiana: demographics, income & housing data · CensusEasy