Lakeville, Minnesota 

8 Reviews | Review This Place | Photos and Maps

Economy in Lakeville, Minnesota

Lakeville has an unemployment rate of 2.4%. The US average is 3.9%.

Lakeville has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.

Tax Rates for Lakeville
- The Sales Tax Rate for Lakeville is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Lakeville is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lakeville
- The average income of a Lakeville resident is $37,110 a year. The US average is $28,555 a year.
- The Median household income of a Lakeville resident is $94,635 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYLakeville, MinnesotaUnited States
  2.8%3.7%
  1.8%1.6%
  39.9%33.5%
  7.1%6.2%
  7.1%4.6%
  $41,448$31,177
  $102,943$57,652
  $114,095$70,850
  POPULATION BY OCCUPATION
  1.4%1.3%
  0.1%0.6%
  4.1%6.2%
  10.7%10.4%
  3.6%2.7%
  11.9%11.6%
  5.7%4.1%
  0.3%0.9%
  2.6%2.1%
  9.0%4.7%
  1.7%1.9%
  7.2%6.7%
  0.2%0.1%
  3.6%4.3%
  8.1%9.3%
  11.8%13.8%
  2.5%2.2%
  6.3%7.4%
  5.3%4.9%
  4.0%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
Select Map Options
  • Unemployment Rate
  • Median HH Income
  • Recent Job Growth
  • Income < $15k
  • Income > $200k
  • Reset Map

  • View More Data >

    Reviews for Lakeville    8 Reviews
    Honest Thoughts on Lakeville - 5/13/2019
    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.... Read More

    Start Your Review of Lakeville


    The southern Twin Cities has pros and cons - 6/8/2018
    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... Read More

    Terrible Place to Raise Kids - 7/21/2011
    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... Read More


    View More Data >

    COMPARE COST OF LIVING
    Compare Lakeville, Minnesota to any other place in the USA.

    MAPS OF LAKEVILLE, MINNESOTA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Lakeville,Minnesota Map
    ZIP CODES IN LAKEVILLE, MINNESOTA
    55044

    NEW LISTINGS IN LAKEVILLE

    PREMIUM SUBSCRIPTION

    Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

    Try Now

    Join BestPlaces