Everything You Should Know Before Moving to Lakeville, MN
Considering a move to Lakeville, MN? This family-friendly suburb with 72,300 residents boasts a low violent crime rate (75 per 100K), excellent schools, and abundant green spaces. The median home price is $458,000 and average rent is $1,780, reflecting a strong housing market. Residents enjoy a short 27-minute average commute, high educational attainment (54.2% with a bachelor's or higher), and 58% sunny days annually. With top-rated healthcare and a cost of living just above the national average, Lakeville is ideal for those seeking quality living near the Twin Cities.
Demographics - Lakeville, MN
Demographics - Lakeville, MN
Lakeville is home to about 72,300 residents, featuring a median age of 37.2 and a balanced gender ratio. The city is predominantly White (83.5%), with growing diversity including Asian and Black communities, and about 8.5% of residents speak a language other than English at home. With a moderate population density, Lakeville offers a suburban atmosphere suited for families and professionals.
Population:
72,300
Density:
2,180 per sq mi
Median Age:
37.2
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
8.5%
Ethnic Composition
White:
83.5%
Black:
4.3%
Asian:
6.1%
Others:
6.1%
Cost Of Living
What is the average cost of living in Lakeville, MN?
Lakeville's cost of living index is 116.5, slightly higher than the national average, mainly due to housing costs. The median home value stands at $458,000 and median rent is $1,780, with other essentials like groceries and healthcare also somewhat above average. Residents benefit from relatively moderate utility costs and a range of housing options for both buyers and renters.
Median House Value:
$458,000
Gross Rent:
$1,780
Monthly Electricity Charges:
$110
Auto Insurance:
$1,420
House Owner Cost With Mortgage:
$2,150
House Owner Cost Without Mortgage:
$670
State Taxes:
Low:
5.35%
|
High:
9.85%
Cost Of Living Index:
116.5
Grocery:
106.1
Housing:
127.4
Utilities:
97.8
Transportation:
104.2
Health Care:
104.5
Miscellaneous:
101.2
Crime
Is Lakeville, MN a safe place to live?
Lakeville enjoys a notably low crime rate, with just 75 violent crimes per 100,000 residents and property crime rates well below the national average. Residents have a 1 in 1,330 chance of being a victim of violent crime, making it a safe choice for families. The city's strong sense of community and proactive law enforcement contribute to its secure environment.
Violent Crimes Per 100k:
75
Property Crimes Per 100k:
1,200
Crime Index:
1,275
Chance Of Violent Crime:
1 in 1,330
Chance Of Property Crime:
1 in 83
Weather
What is the weather like in Lakeville, MN year-round?
Lakeville experiences all four seasons, with cold winters (lows around 7°F), warm summers (highs up to 83°F), and moderate spring and fall temperatures. The area receives about 31.6 inches of annual rainfall and enjoys sunshine about 58% of the year. This seasonal variety offers plenty of opportunities for outdoor activities throughout the year.
Winter
Min:
7°F
Max:
26°F
Spring
Min:
36°F
Max:
61°F
Summer
Min:
61°F
Max:
83°F
Fall
Min:
37°F
Max:
62°F
Average Rainfall Inches:
31.6 inches
Sunny Days Percentage:
58%
Neighbors
Lakeville residents enjoy a high median household income of $123,400 and a low poverty rate of 3%. The community is well-educated, with nearly 98% holding a high school diploma and over half possessing a bachelor’s degree or higher. Low unemployment and a typical 27-minute commute make the city an appealing choice for working families.
Median Income:
$54,500
Household Income:
$123,400
Family Income:
$135,900
Per Capita Income:
$47,600
Income Male:
$66,000
Income Female:
$54,000
Poverty Rate:
3.0%
Non English Speakers:
8.5%
Rent:
$1,780
Unemployment Rate:
2.8%
Public Transport Usage:
1.1%
Commute Time:
26.9 minutes
Education
High School or Higher:
97.8%
Bachelors or More:
54.2%
Education
How are the schools in Lakeville, MN?
Lakeville is served by reputable public schools, including Lakeville North and South High Schools, both offering a range of academic and extracurricular opportunities. Families also have access to private options like Christian Life Academy, and higher education is within reach at nearby Dakota County Technical College and Normandale Community College. The city's strong educational resources support lifelong learning and student success.
Public Schools
Name:
Lakeville North High School
Street:
19600 Ipava Ave
Phone:
952-232-3600
Students:
1,900
Student Teacher Ratio:
20.5
Name:
Lakeville South High School
Street:
21135 Jacquard Ave
Phone:
952-232-3300
Students:
1,800
Student Teacher Ratio:
20.2
Private Schools
Name:
Christian Life Academy
Street:
6300 212th St W
Phone:
952-985-5300
Students:
210
Colleges
Name:
Dakota County Technical College
City:
Rosemount
State:
MN
Distance:
9 miles
Students:
2,800
Name:
Normandale Community College
City:
Bloomington
State:
MN
Distance:
16 miles
Students:
9,500
Healthcare
Lakeville offers convenient access to quality healthcare, including major facilities like Fairview Ridges Hospital and several local clinics. With 2.7 physicians per 1,000 residents and a health insurance coverage rate of 95.8%, most residents receive prompt medical attention. The city’s healthcare index of 77.5 reflects its commitment to well-being and accessibility.
Major Hospitals
Name:
Fairview Ridges Hospital
Address:
201 E Nicollet Blvd, Burnsville, MN 55337
Phone:
(952) 892-2000
Type:
General & Surgical
Emergency Services:
Yes
Name:
M Health Fairview Clinic – Lakeville
Address:
18580 Joplin Ave, Lakeville, MN 55044
Phone:
(952) 469-0500
Type:
Clinic & Primary Care
Emergency Services:
No
Physicians Per 1000:
2.7
Health Insurance Coverage:
95.8%
Health Care Index:
77.5
Housing Market
What is the housing market like in Lakeville, MN?
Lakeville’s housing market is strong and stable, with a median home price of $458,000 and an owner-occupancy rate exceeding 83%. Rents for a two-bedroom average $1,780, and the city has a low foreclosure rate of 0.4%. Home values have appreciated by over 4% in the past year, making it an attractive option for homeowners and investors alike.
Median Home Price:
$458,000
Average Rent For 2 Bedroom:
$1,780
Owner Occupied Rate:
83.2%
Rental Vacancy Rate:
4.1%
Home Appreciation Rate (1yr):
4.3%
New Construction Rate:
2.3%
Foreclosure Rate:
0.4%
DMV Information
Minnesota Driver and Vehicle Services provides Lakeville residents with licensing and vehicle registration support at its central office in St. Paul. Information and appointments can be accessed online or by phone, making DMV processes user-friendly. Residents benefit from efficient service and easy access to driver resources.
State:
Minnesota
Department:
Minnesota Driver and Vehicle Services
Address:
445 Minnesota St, St Paul, MN 55101
Phone:
651-297-2126
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.