Lakeville

Lakeville, Minnesota Overview

Lakeville ranks #1 of 20 cities in Minnesota, earning a A+ grade with a composite score of 70.9/100. The city stands out in Fiscal Health (99/100) and Safety (96/100), placing it among the state’s strongest performers across the metrics we track.

Income & Employment in Lakeville

Lakeville’s median household income of $147,992 is 73% above the Minnesota median of $85,551, and its 2.4% unemployment rate undercuts the state’s 3.4%. That economic strength is drawing residents — the population grew 2.1% recently.

Safety in Lakeville

Lakeville’s violent crime rate of 94.9 per 100,000 is well below both the Minnesota rate of 256 and national norms, making safety one of the city’s defining features. The property crime rate is 702 per 100,000.

Cost of Living in Lakeville

Lakeville has a cost of living index of 104.5 (where 100 equals the national average), slightly above the national benchmark. The median home value is $425,200. Median monthly rent is $1,727. Renters spend 14.0% of income on rent, well within the 30% affordability guideline.

Health & Wellness in Lakeville

The adult obesity rate in Lakeville is 33.7% (CDC PLACES). The diabetes prevalence rate is 8.2%. Residents average 14.2 poor mental health days per month. Minnesota ranks #6 nationally for overall health.

Education & Schools in Lakeville

Lakeville has a high school graduation rate of 90.6%. The student-teacher ratio is 16.5:1. Per-pupil spending is $14,912. The city has 17 public schools serving 12,549 students. School data is sourced from the NCES Common Core of Data and EDFacts.

Climate & Commute in Lakeville

Winters in Lakeville are cold, averaging 24.7°F. Summers average 72.2°F. Winters average 24.7°F. Annual precipitation is 39.3 inches. 17.5% of workers in Lakeville work from home, well above the national average.

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