Minnesota / Dakota County

Moving to Lakeville, MN

Thinking of making a move to Lakeville, MN? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Lakeville, MN

Considering a move to Lakeville, MN? This welcoming community of 74,500 residents offers a blend of suburban charm and convenience, with median home prices around $455,000 and average rents near $1,820. Commute times average 28 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (56% annually), ideal for families and commuters alike. Explore Lakeville's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Lakeville, MN

Lakeville has a population of 74,500 residents, offering a diverse community with a median age of nearly 38 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 78% White, 7% Black, and 9% Asian residents, and over 9% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
74,500
Density
1,650 per sq mi
Median Age
37.8
Gender Ratio
97 males per 100 females
Non-English Speakers Percentage
8.5%

Ethnic Composition

White
78.0%
Black
7.0%
Asian
8.5%
Others
6.5%

Cost Of Living

What is the average cost of living in Lakeville, MN?

The cost of living in Lakeville is higher than the national average, with a cost of living index of 113.8. Median home values are around $455,000 and average rents for a two-bedroom apartment are approximately $1,820. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$455,000
Gross Rent
$1,820
Monthly Electricity Charges
$132
Auto Insurance
$1,650
House Owner Cost With Mortgage
$2,420
House Owner Cost Without Mortgage
$720
State Taxes
Low: 5.35%| High: 9.85%
Cost Of Living Index
113.8
Grocery
104.5
Housing
127.0
Utilities
100.8
Transportation
104.2
Health Care
99.6
Miscellaneous
101.0

Crime

Is Lakeville, MN a safe place to live?

Lakeville is considered a safe community, with a low violent crime rate of 88 incidents per 100,000 residents and a property crime chance of 1 in 88. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Minnesota.

Violent Crimes Per 100k
88
Property Crimes Per 100k
1,140
Crime Index
1,228
Chance Of Violent Crime
1 in 1,136
Chance Of Property Crime
1 in 88

Weather

What is the weather like in Lakeville, MN year-round?

Lakeville experiences four distinct seasons, with warm summers reaching highs of 83°F and cold winters dipping to 8°F. The area receives about 32 inches of rainfall annually and enjoys sunshine on 56% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
8°F
Max
27°F

Summer

Min
63°F
Max
83°F

Spring

Min
38°F
Max
63°F

Fall

Min
40°F
Max
65°F
Average Rainfall Inches
31.5 inches
Sunny Days Percentage
56%

Neighbors

The neighborhood boasts a healthy median household income of $125,500 and a low poverty rate of 3.8%. Over 97% of residents have at least a high school diploma, and nearly 50% hold a bachelor's degree or higher. Commute times average 28 minutes, and almost 2% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$49,500
Household Income
$125,500
Family Income
$142,000
Per Capita Income
$49,200
Income Male
$65,000
Income Female
$52,500
Poverty Rate
3.8%
Non English Speakers
7.4%
Rent
$1,820
Unemployment Rate
3.2%
Public Transport Usage
1.8%
Commute Time
28.4 minutes

Education

High School or Higher
96.5%
Bachelors or More
49.8%

Education

How are the schools in Lakeville, MN?

Lakeville offers quality education options, with public schools like Lakeville North High School and Lakeville South High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Dakota County Technical College and Saint Mary’s University of Minnesota. The community is committed to educational excellence for all age groups.

Public Schools

Name
Lakeville North High School
Street
19600 Ipava Ave
Phone
952-232-3600
Students
1,900
Student Teacher Ratio
18.0
Name
Lakeville South High School
Street
21135 Jacquard Ave
Phone
952-232-3300
Students
1,850
Student Teacher Ratio
17.8

Private Schools

Name
Heritage Lutheran School
Street
1325 College View Dr
Phone
952-435-2609
Students
280
Name
St. Michael Catholic School
Street
1660 County Rd 42 E
Phone
952-431-4850
Students
420

Colleges

Name
Dakota County Technical College
City
Rosemount
State
MN
Distance
11 miles
Students
5,300
Name
Saint Mary’s University of Minnesota
City
Winona
State
MN
Distance
92 miles
Students
5,900

Healthcare

Lakeville residents have access to quality healthcare, with major hospitals like M Health Fairview Ridges Hospital and Mayo Clinic Health System - Cannon Falls nearby. The community benefits from a high physician-to-resident ratio of 2.7 per 1,000 people and 95.0% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
M Health Fairview Ridges Hospital
Address
10150 Park Nicollet Ave, Burnsville, MN 55337
Phone
(952) 892-2101
Type
General & Surgical
Emergency Services
Yes
Name
Mayo Clinic Health System - Cannon Falls
Address
32021 County 24 Blvd, Cannon Falls, MN 55009
Phone
(507) 663-9000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
2.7
Health Insurance Coverage
95.0%
Health Care Index
78.4

Housing Market

What is the housing market like in Lakeville, MN?

The local housing market is strong, with a median home price of $455,000 and an owner-occupied rate of nearly 81%. The market has seen a 4.6% appreciation over the past year, and rental vacancy rates remain moderate at 4.2%. Lakeville offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$455,000
Average Rent For 2 Bedroom
$1,820
Owner Occupied Rate
81.0%
Rental Vacancy Rate
4.2%
Home Appreciation Rate (1yr)
4.6%
New Construction Rate
2.8%
Foreclosure Rate
0.3%

DMV Information

Residents of Lakeville handle vehicle services through the Minnesota Driver and Vehicle Services, conveniently located in St. Paul. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Minnesota
Department
Minnesota Driver and Vehicle Services
Address
445 Minnesota Street, Suite 180, St. Paul, MN 55101
Phone
1-651-297-2126

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.

FAQs About Moving to Lakeville, MN

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Lakeville, review the core fields on this page: population 74,500, median home value $455,000, average rent for 2 bedroom $1,820, commute time 28.4 minutes, and sunny days percentage 56%.

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