Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

912 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,931

Average Rent as Percentage of Gross Income

Median rent for 2018: $1,432

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $231,231
--Home Prepared Food $130,297
--Restaurant/Takeaway Food $100,934
Alcoholic Beverages $16,975
Housing $586,105
--Rent/Mortgage/Upkeep/Taxes $342,717
--Utilities $118,139
--Operations $44,503
--Supplies $21,793
--Furnishings $59,184
Apparel $54,367
--Men & Boys $12,158
--Women & Girls $22,022
--Children < 2 $229
--Footwear $11,470
Transportation $284,680
--New Vehicles $53,220
--Used Vehicles $60,790
--Fuel $61,478
--Insurance $28,445
--Public Transit $23,857
Healthcare $144,978
Entertainment $94,052
--Pets $19,269
--Toys $4,588
Personal Care Products $22,481
Books & Literature $3,212
Education $41,062
Tobacco Products $10,093
Miscellaneous $28,904
Retirement $55,055
Non-health Insurance $212,879
Total Expenditures $1,786,073

Selected Population Data

Period Geography Population
2014 Lakeville city, Minnesota 57,715
2015 Lakeville city, Minnesota 58,592
2016 Lakeville city, Minnesota 59,786
2017 Lakeville city, Minnesota 61,056
2018 Lakeville city, Minnesota 62,489