2025 Compare Cities Economy:
Lakeville, MN vs Key West, FL

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Highlights
- Household income in Key West, is 37% less than it is in Lakeville and is 9% above the National Average.
- Lakeville unemployment rate is 3.5%.
- Key West unemployment rate is 3.2%.
 Lakeville, MNKey West, FLUnited States
 Unemployment Rate  Unlock3.2%6.0%
 Recent Job Growth  Unlock-7.2%1.6%
 Future Job Growth39.9%  Unlock33.5%
 Sales Taxes7.1%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$48,875  Unlock$37,638
 Household Income  Unlock$75,638$69,021
 Family Median Income$135,244  Unlock$85,028
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 Est. Households By Income
 Lakeville, MNKey West, FLUnited States
 Income Less Than 15K  Unlock6.7%9.4%
 Income between 15K and 20K1.2%  Unlock3.8%
 Income between 20K and 30K  Unlock6.5%8.1%
 Income between 30K and 40K4.9%  Unlock8.0%
 Income between 40K and 50K  Unlock6.6%7.6%
 Income between 50K and 60K4.3%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K11.3%  Unlock12.8%
 Income between 100K and 150K  Unlock14.7%16.3%
 Income between 150K and 200K17.5%  Unlock7.8%
 Income greater than 200K  Unlock13.0%9.5%
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 Population By Occupation
 Lakeville, MNKey West, FLUnited States
 Management, business, finance24.0%  Unlock16.4%
 Engineering, computers, science  Unlock2.8%6.5%
 Community, social services1.3%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library6.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.0%2.0%
 Healthcare practitioners and technology7.8%  Unlock6.2%
 Healthcare support  Unlock2.4%3.3%
 Firefighters, law enforcement1.4%  Unlock2.1%
 Food preparation, serving  Unlock12.4%5.4%
 Building maintenance2.3%  Unlock3.6%
 Personal care  Unlock4.2%2.6%
 Sales, office, administrative support22.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.5%0.6%
 Construction, extraction, maintenance/repair6.3%  Unlock8.1%
 Production, transportation, material moving  Unlock6.7%13.1%
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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Reviews for Key West    7 Reviews

I was raised in Key West since 1980, these average cost prices for rent that you are seeing were not even accurate then, let alone now in 2021. The average cost of  More

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Over 9 years ago

Like the  More

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I have lived in Key West for the last seven years. During that time, I have observed very little change in the cost of living. I work for a national company that pays  More

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