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CITY · 1990 CENSUS

Lakeville

Minnesota · 24,854 residents · 36.915 sq mi
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The short version

Lakeville is significantly wealthier than the US average, with a median household income of $44,920. Population has fallen 42% since 2000, a loss of 18,274 residents. Median home value is $96,300. At a median age of 27.8, residents skew younger than the country as a whole. Poverty is rare here, at 3.0% of residents. Households here earn about 45% more than the Minnesota median.

At a glance
Wealthier
above the US median
US median: $30,130
Younger
median age 27.8
US median: 33.0
Average education
20% hold a bachelor's degree
US average: 20%
More affordable
home values down 23%, inflation adjusted
US median home: $93,722
Section 01

Population & growth

24,854
−42%vs 2000
vs 43,128 in 2000
1990 – 2025
673 / sq mi
−42%vs 2000
vs 1,168 / sq mi in 2000
US average: 221
27.8
−12%vs 2000
vs 31.5 in 2000
US average: 33.0
Population, 19902024
20K35K50K64K79K1990201020202024Lakeville
202474K
1990201020202024
Section 02

Income & economy

$44,920
−18%inflation adjusted, since 2000
vs $72,404 in 2000
US average: $30,130
1990 – 2024
$15,476
−42%vs 2000
vs $26,492 in 2000
US average: $14,340
3.0%
+1.0 ptsvs 2000
vs 2.0% in 2000
US average: 13.2%
Section 03

Housing

$96,300
−23%inflation adjusted, since 2000
vs $165,400 in 2000
US average: $93,722
1990 – 2024
$620
+1%inflation adjusted, since 2000
vs $807 in 2000
US average: $450
88.6%
−3.1 ptsvs 2000
vs 91.8% in 2000
11.4% rent
2.1
−6%vs 2000
vs 2.3 in 2000
1990 – 2024
RELATED:See current rent listings in Lakeville on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic93.3%(40,226)
Black1.3%(544)
Hispanic / Latino1.9%(835)
Asian2%(865)
Other0%
Diversity Score12.7%(5,494)
1990
White, non-Hispanic97.3%(24,188)
Black0.7%(179)
Hispanic / Latino0.7%(181)
Asian1.4%(346)
Other0.6%(141)
Diversity Score8.3%(2,056)
8
−35%vs 2000
vs 13 in 2000
1990 – 2024
Section 05

Education

20.5%
−15.3 ptsvs 2000
vs 35.7% in 2000
US average: 20.3%
High school or higher
94.0%
−1.6 ptsvs 2000
vs 95.6% in 2000
US average: 75.2%
4.6%
−2.8 ptsvs 2000
vs 7.5% in 2000
US average: 7.1%
Section 06

Commute & transportation

21.7 min
+39%vs 2000
vs 15.6 min in 2000
US average: 21.9
Section 07

Work & employment

No data for the years selected.

Section 08

People & community

No data for the years selected.

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Frequently asked

How many people live in Lakeville, Minnesota?

Lakeville, Minnesota has about 24,854 residents according to the 1990 Census.

What is the median household income in Lakeville, Minnesota?

The typical household in Lakeville, Minnesota earns about $44,920 a year. Half of households make more than that, and half make less.

Is Lakeville, Minnesota expensive?

In Lakeville, Minnesota, the median home is worth about $96,300, and the typical rent is about $620 a month.

How educated are people in Lakeville, Minnesota?

About 20.5% of adults age 25 and over in Lakeville, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Lakeville, Minnesota?

About 3.0% of people in Lakeville, Minnesota live below the federal poverty line.

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

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