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 72,300 residents offers a blend of suburban charm and convenience, with median home prices around $458,000 and average rents near $1,780. Commute times average 27 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (58% 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 72,300 residents, offering a diverse community with a median age of nearly 37 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 84% White, 4% Black, and 6% Asian residents, and over 9% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

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?

The cost of living in Lakeville is higher than the national average, with a cost of living index of 116.5. Median home values are around $458,000 and average rents for a two-bedroom apartment are approximately $1,780. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

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 is considered a safe community, with a low violent crime rate of 75 incidents per 100,000 residents and a property crime chance of 1 in 83. 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
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 four distinct seasons, with warm summers reaching highs of 83°F and cold winters dipping to 7°F. The area receives about 32 inches of rainfall annually and enjoys sunshine on 58% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
7°F
Max
26°F

Summer

Min
61°F
Max
83°F

Spring

Min
36°F
Max
61°F

Fall

Min
37°F
Max
62°F
Average Rainfall Inches
31.6 inches
Sunny Days Percentage
58%

Neighbors

The neighborhood boasts a healthy median household income of $123,400 and a low poverty rate of 3.0%. Over 98% of residents have at least a high school diploma, and nearly 54% hold a bachelor's degree or higher. Commute times average 27 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

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 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 Normandale Community College. 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
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 residents have access to quality healthcare, with major hospitals like Fairview Ridges Hospital and M Health Fairview Clinic – Lakeville nearby. The community benefits from a high physician-to-resident ratio of 2.7 per 1,000 people and 95.8% health insurance coverage. Local healthcare services are reliable and comprehensive.

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

Healthcare Access

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?

The local housing market is strong, with a median home price of $458,000 and an owner-occupied rate of nearly 83%. The market has seen a 4.3% appreciation over the past year, and rental vacancy rates remain moderate at 4.1%. Lakeville offers a mix of stability and opportunity for both buyers and renters.

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

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 St, St Paul, MN 55101
Phone
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 72,300, median home value $458,000, average rent for 2 bedroom $1,780, commute time 26.9 minutes, and sunny days percentage 58%.

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