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2024 Compare Cities Economy:
St. Louis Park, MN vs Lakeville, MN

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Highlights
- Household income in Lakeville, is 37% more than it is in St. Louis Park and is 42% above the National Average.
- St. Louis Park unemployment rate is 3.5%.
- Lakeville unemployment rate is 3.5%.

Economy
 St. Louis Park, MNLakeville, MNUnited States
 Unemployment Rate3.5%3.5%6.0%
 Recent Job Growth1.8%1.8%1.6%
 Future Job Growth38.3%39.9%33.5%
 Sales Taxes7.5%7.1%6.2%
 Income Taxes7.1%7.1%4.6%
 Income per Cap.$55,737$48,875$37,638
 Household Income$87,639$119,970$69,021
 Family Median Income$127,666$135,244$85,028
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 Est. Households By Income
 St. Louis Park, MNLakeville, MNUnited States
 Income Less Than 15K5.6%3.0%9.4%
 Income between 15K and 20K2.5%1.2%3.8%
 Income between 20K and 30K4.9%2.4%8.1%
 Income between 30K and 40K5.4%4.9%8.0%
 Income between 40K and 50K7.1%3.8%7.6%
 Income between 50K and 60K7.3%4.3%7.2%
 Income between 60K and 75K9.9%7.8%9.6%
 Income between 75K and 100K14.5%11.3%12.8%
 Income between 100K and 150K17.7%24.6%16.3%
 Income between 150K and 200K12.3%17.5%7.8%
 Income greater than 200K12.8%19.1%9.5%
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 Population By Occupation
 St. Louis Park, MNLakeville, MNUnited States
 Management, business, finance26.3%24.0%16.4%
 Engineering, computers, science12.4%8.8%6.5%
 Community, social services2.1%1.3%1.8%
 Legal1.4%0.5%1.2%
 Education, library6.4%6.5%6.2%
 Arts, design, media, sports, entertainment4.0%1.5%2.0%
 Healthcare practitioners and technology7.2%7.8%6.2%
 Healthcare support3.3%2.5%3.3%
 Firefighters, law enforcement1.0%1.4%2.1%
 Food preparation, serving3.6%3.2%5.4%
 Building maintenance1.9%2.3%3.6%
 Personal care1.6%2.0%2.6%
 Sales, office, administrative support18.9%22.1%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair2.8%6.3%8.1%
 Production, transportation, material moving6.9%9.8%13.1%

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Reviews for St. Louis Park    3 Reviews

Do your research before considering a move here. Make sure the politics and demographics are what you seek. This burb has changed dramatically in the past 10 years and  More

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Over 17 years ago

Due to the incredible amount of Fortune 500 companies in the Twin Cities, the housing market is amazingly stable. St Louis Park is a youthful suburb great for young  More

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I was born and raised in St. Louis Park, and I now live in Southeast Minneapolis, as I am a college student at the University of Minnesota. After leaving "the Park", I  More

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Reviews for Lakeville    8 Reviews

We lived in Lakeville for 3 years (2015-18). My husband and I have traveled all over the country. We've lived in California, Hawaii, Arizona, Colorado and Minnesota.  More

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I’ve grown up in Lakeville for 20 years. I know this area better than the back of my hand. The schools are excellent, especially North HS. The housing is cheap and  More

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I have found Lakeville to have many amenities and its nice its so close to the Twin Cities. HOWEVER, unless have bunches of money in your pocket or are a local you will  More

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ZIPS IN ST. LOUIS PARK, MINNESOTA
55416 55426
ZIPS IN LAKEVILLE, MINNESOTA
55044

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