Demographics

The City of Lakeville is a family-oriented community that serves as the southern gateway to the Twin Cities metropolitan area. Encompassing 38-square miles, the community offers a well-balanced atmosphere of planned development and managed growth.

Lakeville combines a peaceful and safe small-town atmosphere with the convenience of easy access to the metropolitan area. Excellent schools, an arts center, and a wide variety of recreational opportunities add to the community spirit and quality of life enjoyed by residents.

With a population of 65,831Lakeville has an active and growing business community, with over 1,200 businesses. Opportunities abound for commercial development to provide goods and services for the growing population. Lakeville provides businesses with easy access to Twin Cities amenities, as well as ideal access to southern Minnesota and points south, including Rochester, La Crosse, Des Moines and Chicago.

An aggregation of demographic information for Lakeville can be found via the link below:

Lakeville demographic information/community profile

  • Population: 65,831*
  • Population change since 2010: 17.6%*
  • Median household income: $110, 212**
  • Median home value: $339,100*****
  • Median age: 36.6**
  • Unemployment rate in Lakeville: 3.2%***
  • Number of businesses in Lakeville: 1,332****
  • Number of jobs in Lakeville: 15,888****

*Source: Metropolitan Council Population Estimates 2019
**Source: U.S. Census Bureau, 2019 American Community Survey 5-Year Estimates
***Source: MN DEED, Local Area Unemployment Statistics – December 2020
****Source: MN DEED, Quarterly Census of Employment and Wages – Q2 2020
*****Source: Dakota County 2020

Top Employers

Business   Type
Independent School District #194   Government/public
Hearthside Food Solutions   Food manufacturing
TreeHouse Private Brands   Food manufacturing
Schmitty & Sons   Transportation
Post Consumer Brands   Headquarters
BTD Manufacturing   Fabricated metal
Menasha Corp.   Packaging materials
FedEx Freight   Distribution
City of Lakeville   Government/public
ImageTrend   Software solutions
Buddy's Kitchen   Food manufacturing
Dick's Sanitation   Refuse hauler
Uponor   Warehouse/distribution
Verified Credentials, Inc.   Professional and business services