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 64,334* Lakeville has an active and growing business community, with over 1,000 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: 64,334*
  • Population change since 2010: 15.0%*
  • Median household income: $102,943**
  • Median home value: $328,500*****
  • Median age: 35.9**
  • Unemployment rate in Lakeville: 2.3%***
  • Number of businesses in Lakeville: 1,212****
  • Number of jobs in Lakeville: 18,119****

*Source: Metropolitan Council Population Estimates 2018
**Source: U.S. Census Bureau, 2013-2017 5-Year American Community Survey
***Source: MN DEED, Local Area Unemployment Statistics – December 2019
****Source: MN DEED, Quarterly Census of Employment and Wages – Q2 2019
*****Source: Dakota County 2019

Top Employers

Business
Number of Employees
  Type
Independent School District #194
1,211
  Government/public
Hearthside Food Solutions
556
  Food manufacturing
TreeHouse Private Brands
550
  Food manufacturing
Schmitty & Sons
454
  Transportation
Post Consumer Brands
450
  Headquarters
BTD Manufacturing
375
  Fabricated metal
Menasha Corp.
306
  Packaging materials
FedEx Freight
228
  Distribution
Imperial Plastics
215
  Plastics
City of Lakeville
204
  Government/public
ImageTrend
190
  Software solutions
Buddy's Kitchen
151
  Food manufacturing
Dick's Sanitation
150
  Refuse hauler
Uponor
130
  Warehouse/distribution
Verified Credentials, Inc.
115
  Professional and business services