1. Market
  2. Lakefield city, Minnesota

Market Population Trends

ACS 5 year data. Geography area - 1.34 square miles. Population density - 1,277.85/mi2.

Employment Type

ACS 5 year data

Age Grouping

ACS 5 year data

Ethnicity Mix 2018

ACS 5 year data

Fertility Rate

25 estimated births
(% of females 15-50 having a child in the past 12 months), ACS 5 year data

Household Characteristics

ACS 5 year data

Median Age over Time

ACS 5 year data

Households with Children by Age

ACS 5 year data

Median Household Income

ACS 5 year data

Educational Attainment

ACS 5 year data

Unemployment Rate

ACS 5 year data

Type of Housing

ACS 5 year data

Housing Values

Median mortgage payment for 2018: $892

ACS 5 year data

Average Rent as Percentage of Gross Income

Median rent for 2018: $745

ACS 5 year data

Average Commute

ACS 5 year data

Primary Transportation

ACS 5 year data

Gender Mix

ACS 5 year data

Field of Employment

ACS 5 year data

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $4,078
--Home Prepared Food $2,298
--Restaurant/Takeaway Food $1,780
Alcoholic Beverages $299
Housing $10,338
--Rent/Mortgage/Upkeep/Taxes $6,045
--Utilities $2,084
--Operations $785
--Supplies $384
--Furnishings $1,044
Apparel $959
--Men & Boys $214
--Women & Girls $388
--Children < 2 $4
--Footwear $202
Transportation $5,021
--New Vehicles $939
--Used Vehicles $1,072
--Fuel $1,084
--Insurance $502
--Public Transit $421
Healthcare $2,557
Entertainment $1,659
--Pets $340
--Toys $81
Personal Care Products $397
Books & Literature $57
Education $724
Tobacco Products $178
Miscellaneous $510
Retirement $971
Non-health Insurance $3,755
Total Expenditures $31,502
BLS CE Data, ACS 5 year data

Selected Population Data

Period Geography Population
2014 Lakefield city, Minnesota 1,528
2015 Lakefield city, Minnesota 1,527
2016 Lakefield city, Minnesota 1,619
2017 Lakefield city, Minnesota 1,703
2018 Lakefield city, Minnesota 1,710
ACS 5 year data