Lakeville is a larger medium-sized city located in the state of Minnesota. With a population of 74,553 people and 14 associated neighborhoods, Lakeville is the 11th largest community in Minnesota. Lakeville real estate is some of the most expensive in Minnesota, although Lakeville house values don't compare to the most expensive real estate in the U.S.Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Lakeville is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Lakeville is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Lakeville who work in management occupations (13.47%), sales jobs (11.94%), and office and administrative support (10.64%). Also of interest is that Lakeville has more people living here who work in computers and math than 95% of the places in the US. A relatively large number of people in Lakeville telecommute to their jobs. Overall, about 17.47% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Because of many things, Lakeville is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Lakeville really has some of the features that families look for when choosing a good community to raise children. Is Lakeville perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.Lakeville is one of the most well-educated cities in the nation. 49.98% of adults in Lakeville have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher. The per capita income in Lakeville in 2022 was $52,634, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $210,536 for a family of four. Lakeville is a very ethnically-diverse city. The people who call Lakeville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lakeville residents report their race to be White, followed by Asian. Important ancestries of people in Lakeville include German, Norwegian, Irish, English, and Swedish. The most common language spoken in Lakeville is English. Other important languages spoken here include Spanish and Vietnamese.
