The median household income in Lakeville, MN in 2022 was $124,452, which was 33.8% greater than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $72,404 in 2000 this represents an increase of 41.8%. The per capita income in 2022 was $50,588, which means an increase of 47.6% compared to 2000 when it was $26,492.
Whole page based on the data from 2000 / 2022 when the population of Lakeville, Minnesota was 43,128 / 74,551
Income statistics for all residents
Median household income in Lakeville, MN in 2022:
Lakeville:
$124,452
Minnesota:
$82,338
Change in median household income between 2000 and 2022:
Lakeville, Minnesota:
+71.9%
State:
+74.8%
Number of households with income < $10k:
Lakeville:
1.7% (451)
State:
4.3% (100,518)
Number of households with income $10k - 20k:
Lakeville:
1.2% (329)
State:
5.6% (130,945)
Number of households with income $20k - 30k:
Lakeville:
5.4% (1,443)
State:
6.1% (140,637)
Number of households with income $30k - 40k:
Lakeville:
6.6% (1,769)
Minnesota:
6.5% (151,862)
Number of households with income $40k - 50k:
Lakeville:
4.2% (1,115)
Minnesota:
6.7% (154,930)
Number of households with income $50k - 60k:
Lakeville:
2.8% (759)
State:
6.9% (159,181)
Number of households with income $60k - 75k:
Lakeville:
7.4% (1,985)
Minnesota:
9.4% (218,220)
Number of households with income $75k - 100k:
Lakeville:
10.6% (2,840)
State:
13.8% (319,951)
Number of households with income $100k - 125k:
Lakeville:
10.4% (2,799)
Minnesota:
10.8% (251,243)
Number of households with income $125k - 150k:
Lakeville:
12.2% (3,275)
Minnesota:
8.2% (190,349)
Number of households with income $150k - 200k:
Lakeville:
14.6% (3,928)
State:
10.2% (236,018)
Number of households with income > $200k:
Lakeville:
22.9% (6,130)
Minnesota:
11.6% (268,336)
Aggregate household income in Lakeville in 2022: $3,746,017,300
Median family income in Lakeville in 2022:
Lakeville:
$141,138
Minnesota:
$105,324
Number of families with income < $10k:
Lakeville:
1.6% (319)
Minnesota:
2.2% (31,728)
Number of families with income $10k - 20k:
Lakeville:
0.8% (160)
Minnesota:
2.5% (36,635)
Number of families with income $20k - 30k:
Lakeville:
1.0% (211)
Minnesota:
3.5% (50,742)
Number of families with income $30k - 40k:
Lakeville:
3.8% (762)
Minnesota:
4.4% (64,281)
Number of families with income $40k - 50k:
Lakeville:
4.2% (840)
State:
5.2% (76,436)
Number of families with income $50k - 60k:
Lakeville:
2.8% (556)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
Lakeville:
5.9% (1,185)
State:
8.8% (127,783)
Number of families with income $75k - 100k:
Lakeville:
10.7% (2,159)
State:
14.7% (214,426)
Number of families with income $100k - 125k:
Lakeville:
10.5% (2,129)
State:
13.1% (190,094)
Number of families with income $125k - 150k:
Lakeville:
13.7% (2,768)
State:
10.3% (149,830)
Number of families with income $150k - 200k:
Lakeville:
16.7% (3,374)
State:
13.6% (197,479)
Number of families with income > $200k:
Lakeville:
28.4% (5,734)
Minnesota:
16.1% (233,828)
Median non-family income in Lakeville in 2022:
Lakeville:
$62,473
State:
$48,461
Change in median non-family income between 2000 and 2022:
Lakeville, Minnesota:
+37.3%
State:
+73.6%
Median per capita income in Lakeville in 2022:
Lakeville:
$50,588
Minnesota:
$45,021
Change in median per capita income between 2000 and 2022:
Lakeville, Minnesota:
+91.0%
State:
+94.1%
Income statistics for White residents
Median household income in Lakeville, MN in 2022:
Lakeville:
$131,344
Minnesota:
$85,697
Change in median household income between 2000 and 2022:
Lakeville, Minnesota:
+79.9%
State:
+77.5%
Number of households with income < $10k:
Lakeville:
1.0% (226)
Minnesota:
3.9% (74,145)
Number of households with income $10k - 20k:
Lakeville:
1.5% (329)
State:
5.1% (97,289)
Number of households with income $20k - 30k:
Lakeville:
5.7% (1,285)
State:
5.8% (111,536)
Number of households with income $30k - 40k:
Lakeville:
2.7% (617)
State:
6.2% (118,402)
Number of households with income $40k - 50k:
Lakeville:
4.0% (910)
Minnesota:
6.6% (126,331)
Number of households with income $50k - 60k:
Lakeville:
3.3% (759)
State:
6.8% (129,961)
Number of households with income $60k - 75k:
Lakeville:
7.6% (1,731)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
Lakeville:
11.4% (2,579)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Lakeville:
11.2% (2,543)
Minnesota:
11.2% (214,803)
Number of households with income $125k - 150k:
Lakeville:
11.7% (2,646)
State:
8.6% (164,715)
Number of households with income $150k - 200k:
Lakeville:
15.4% (3,503)
State:
10.6% (203,283)
Number of households with income > $200k:
Lakeville:
24.5% (5,547)
State:
12.2% (233,694)
Aggregate household income in Lakeville in 2022: $3,267,179,900
Median family income in Lakeville in 2022:
Lakeville:
$148,379
Minnesota:
$110,049
Number of families with income < $10k:
Lakeville:
0.9% (148)
State:
1.5% (17,407)
Number of families with income $10k - 20k:
Lakeville:
0.9% (160)
State:
1.9% (22,955)
Number of families with income $20k - 30k:
Lakeville:
0.3% (53)
State:
2.9% (34,913)
Number of families with income $30k - 40k:
Lakeville:
0.9% (161)
Minnesota:
3.7% (44,598)
Number of families with income $40k - 50k:
Lakeville:
3.7% (635)
State:
4.9% (58,683)
Number of families with income $50k - 60k:
Lakeville:
3.3% (556)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Lakeville:
5.9% (1,013)
State:
8.9% (105,839)
Number of families with income $75k - 100k:
Lakeville:
10.2% (1,746)
State:
14.8% (177,106)
Number of families with income $100k - 125k:
Lakeville:
11.5% (1,957)
Minnesota:
13.6% (162,292)
Number of families with income $125k - 150k:
Lakeville:
13.3% (2,277)
Minnesota:
10.9% (130,417)
Number of families with income $150k - 200k:
Lakeville:
17.7% (3,027)
Minnesota:
14.3% (171,257)
Number of families with income > $200k:
Lakeville:
31.3% (5,334)
State:
17.1% (204,721)
Median non-family income in Lakeville in 2022:
Lakeville:
$64,077
Minnesota:
$49,920
Change in median non-family income between 2000 and 2022:
Lakeville, Minnesota:
+39.8%
State:
+76.0%
Median per capita income in Lakeville in 2022:
Lakeville:
$56,056
Minnesota:
$49,507
Change in median per capita income between 2000 and 2022:
Lakeville, Minnesota:
+107.6%
Minnesota:
+103.3%
Income statistics for Black or African American residents
Median household income in Lakeville, MN in 2022:
Lakeville:
$39,952
Minnesota:
$51,320
Change in median household income between 2000 and 2022:: -41.4%
Lakeville, Minnesota:
-41.4%
State:
+77.4%
Number of households with income < $10k:
Lakeville:
3.3% (47)
Minnesota:
9.8% (13,122)
Number of households with income $10k - 20k:
Lakeville:
4.2% (59)
State:
12.0% (16,076)
Number of households with income $20k - 30k:
Lakeville:
0.0% (0)
Minnesota:
8.9% (11,986)
Number of households with income $30k - 40k:
Lakeville:
14.8% (209)
State:
9.8% (13,064)
Number of households with income $40k - 50k:
Lakeville:
4.2% (60)
Minnesota:
7.8% (10,426)
Number of households with income $50k - 60k:
Lakeville:
0.0% (0)
Minnesota:
8.4% (11,191)
Number of households with income $60k - 75k:
Lakeville:
1.1% (16)
State:
9.5% (12,717)
Number of households with income $75k - 100k:
Lakeville:
16.5% (234)
Minnesota:
11.0% (14,800)
Number of households with income $100k - 125k:
Lakeville:
7.8% (111)
State:
7.5% (10,088)
Number of households with income $125k - 150k:
Lakeville:
13.6% (192)
State:
4.7% (6,321)
Number of households with income $150k - 200k:
Lakeville:
11.1% (157)
Minnesota:
6.1% (8,240)
Number of households with income > $200k:
Lakeville:
23.4% (331)
State:
4.4% (5,958)
Aggregate household income in Lakeville in 2022: $115,150,900
Median family income in Lakeville in 2022:
Lakeville:
$142,029
State:
$61,475
Number of families with income < $10k:
Lakeville:
1.5% (15)
State:
7.6% (6,143)
Number of families with income $30k - 40k:
Lakeville:
7.5% (79)
Minnesota:
9.4% (7,539)
Number of families with income $40k - 50k:
Lakeville:
6.4% (68)
State:
7.9% (6,354)
Number of families with income $75k - 100k:
Lakeville:
25.8% (271)
Minnesota:
12.0% (9,645)
Number of families with income $100k - 125k:
Lakeville:
4.3% (45)
State:
10.6% (8,487)
Number of families with income $125k - 150k:
Lakeville:
21.3% (225)
State:
6.3% (5,073)
Number of families with income $150k - 200k:
Lakeville:
10.4% (109)
Minnesota:
6.8% (5,454)
Number of families with income > $200k:
Lakeville:
22.8% (241)
State:
6.0% (4,815)
Median non-family income in Lakeville in 2022:
Lakeville:
$39,122
State:
$34,487
Change in median non-family income between 2000 and 2022:: -52.4%
Lakeville, Minnesota:
-52.4%
Minnesota:
+60.8%
Median per capita income in Lakeville in 2022:
Lakeville:
$28,041
State:
$25,146
Change in median per capita income between 2000 and 2022:
Lakeville, Minnesota:
+6.7%
Minnesota:
+83.0%
Income statistics for Asian residents
Median household income in Lakeville, MN in 2022:
Lakeville:
$127,753
State:
$93,773
Change in median household income between 2000 and 2022:
Lakeville, Minnesota:
+135.2%
State:
+106.0%
Number of households with income < $10k:
Lakeville:
9.0% (113)
Minnesota:
4.2% (3,886)
Number of households with income $10k - 20k:
Lakeville:
0.0% (0)
Minnesota:
4.1% (3,821)
Number of households with income $20k - 30k:
Lakeville:
0.0% (0)
State:
3.8% (3,485)
Number of households with income $30k - 40k:
Lakeville:
10.6% (134)
Minnesota:
5.0% (4,620)
Number of households with income $40k - 50k:
Lakeville:
1.5% (19)
State:
6.0% (5,609)
Number of households with income $50k - 60k:
Lakeville:
0.5% (6)
State:
5.4% (4,977)
Number of households with income $60k - 75k:
Lakeville:
8.6% (108)
State:
9.3% (8,666)
Number of households with income $75k - 100k:
Lakeville:
12.8% (161)
Minnesota:
15.6% (14,466)
Number of households with income $100k - 125k:
Lakeville:
8.5% (107)
State:
10.7% (9,893)
Number of households with income $125k - 150k:
Lakeville:
16.6% (210)
State:
9.3% (8,600)
Number of households with income $150k - 200k:
Lakeville:
23.2% (293)
State:
12.6% (11,662)
Number of households with income > $200k:
Lakeville:
8.8% (111)
Minnesota:
14.2% (13,207)
Aggregate household income in Lakeville in 2022: $202,378,600
Median family income in Lakeville in 2022:
Lakeville:
$109,574
State:
$105,412
Number of families with income $10k - 20k:
Lakeville:
4.6% (51)
State:
3.1% (2,124)
Number of families with income $30k - 40k:
Lakeville:
5.3% (59)
Minnesota:
5.4% (3,668)
Number of families with income $40k - 50k:
Lakeville:
1.0% (11)
State:
4.8% (3,312)
Number of families with income $50k - 60k:
Lakeville:
1.9% (21)
State:
5.0% (3,388)
Number of families with income $60k - 75k:
Lakeville:
3.9% (44)
State:
8.6% (5,887)
Number of families with income $75k - 100k:
Lakeville:
9.9% (110)
State:
13.9% (9,500)
Number of families with income $100k - 125k:
Lakeville:
18.8% (209)
State:
11.4% (7,777)
Number of families with income $125k - 150k:
Lakeville:
17.5% (195)
State:
9.8% (6,734)
Number of families with income $150k - 200k:
Lakeville:
24.6% (273)
State:
14.4% (9,877)
Number of families with income > $200k:
Lakeville:
12.5% (139)
State:
17.1% (11,714)
Median per capita income in Lakeville in 2022:
Lakeville:
$36,550
Minnesota:
$39,496
Change in median per capita income between 2000 and 2022:
Lakeville, Minnesota:
+94.3%
State:
+156.7%
Income statistics for Hispanic or Latino residents
Median household income in Lakeville, MN in 2022:
Lakeville:
$155,077
State:
$63,399
Number of households with income < $10k:
Lakeville:
0.0% (0)
Minnesota:
4.0% (3,834)
Number of households with income $10k - 20k:
Lakeville:
4.2% (33)
State:
6.1% (5,874)
Number of households with income $20k - 30k:
Lakeville:
0.0% (0)
State:
9.9% (9,526)
Number of households with income $30k - 40k:
Lakeville:
20.4% (162)
State:
10.1% (9,710)
Number of households with income $40k - 50k:
Lakeville:
0.0% (0)
State:
8.0% (7,724)
Number of households with income $50k - 60k:
Lakeville:
20.5% (163)
State:
9.6% (9,248)
Number of households with income $60k - 75k:
Lakeville:
2.8% (22)
State:
10.8% (10,444)
Number of households with income $75k - 100k:
Lakeville:
9.1% (72)
Minnesota:
15.0% (14,464)
Number of households with income $100k - 125k:
Lakeville:
7.1% (56)
Minnesota:
7.6% (7,348)
Number of households with income $125k - 150k:
Lakeville:
3.8% (30)
State:
5.1% (4,890)
Number of households with income $150k - 200k:
Lakeville:
14.0% (111)
State:
6.5% (6,257)
Number of households with income > $200k:
Lakeville:
18.3% (145)
Minnesota:
7.3% (7,057)
Aggregate household income in Lakeville in 2022: $103,182,800
Median per capita income in Lakeville in 2022:
Lakeville:
$33,844
Minnesota:
$27,748
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Lakeville:
0.0% (0)
State:
9.0% (1,578)
Number of households with income $10k - 20k:
Lakeville:
0.0% (0)
State:
16.6% (2,922)
Number of households with income $20k - 30k:
Lakeville:
0.0% (0)
State:
10.4% (1,837)
Number of households with income $30k - 40k:
Lakeville:
0.0% (0)
State:
9.7% (1,699)
Number of households with income $40k - 50k:
Lakeville:
0.0% (0)
State:
8.8% (1,557)
Number of households with income $50k - 60k:
Lakeville:
0.0% (0)
State:
5.9% (1,033)
Number of households with income $60k - 75k:
Lakeville:
0.0% (0)
State:
7.3% (1,284)
Number of households with income $75k - 100k:
Lakeville:
5.2% (3)
State:
12.3% (2,163)
Number of households with income $100k - 125k:
Lakeville:
36.2% (21)
Minnesota:
8.9% (1,571)
Number of households with income $125k - 150k:
Lakeville:
24.1% (14)
State:
4.5% (796)
Number of households with income $150k - 200k:
Lakeville:
0.0% (0)
State:
3.0% (526)
Number of households with income > $200k:
Lakeville:
34.5% (20)
State:
3.6% (632)
Aggregate household income in Lakeville in 2022: $10,556,527
Median per capita income in Lakeville in 2022:
Lakeville:
$34,390
Minnesota:
$24,180
Income statistics for Multirace residents
Median household income in Lakeville, MN in 2022:
Lakeville:
$166,540
State:
$74,586
Number of households with income < $10k:
Lakeville:
2.8% (27)
State:
4.8% (5,071)
Number of households with income $10k - 20k:
Lakeville:
1.7% (16)
Minnesota:
7.2% (7,697)
Number of households with income $20k - 30k:
Lakeville:
7.5% (72)
Minnesota:
8.0% (8,495)
Number of households with income $30k - 40k:
Lakeville:
0.0% (0)
State:
8.9% (9,445)
Number of households with income $40k - 50k:
Lakeville:
0.8% (8)
Minnesota:
6.3% (6,680)
Number of households with income $50k - 60k:
Lakeville:
6.5% (62)
State:
6.7% (7,171)
Number of households with income $60k - 75k:
Lakeville:
9.4% (90)
Minnesota:
8.4% (8,916)
Number of households with income $75k - 100k:
Lakeville:
0.0% (0)
Minnesota:
13.8% (14,719)
Number of households with income $100k - 125k:
Lakeville:
4.8% (46)
State:
10.0% (10,590)
Number of households with income $125k - 150k:
Lakeville:
5.9% (56)
Minnesota:
7.3% (7,720)
Number of households with income $150k - 200k:
Lakeville:
23.9% (228)
State:
8.2% (8,751)
Number of households with income > $200k:
Lakeville:
36.6% (349)
Minnesota:
10.5% (11,170)
Aggregate household income in Lakeville in 2022: $103,696,400
Median family income in Lakeville in 2022:
Lakeville:
$166,654
State:
$91,504
Number of families with income < $10k:
Lakeville:
3.0% (21)
Minnesota:
2.9% (1,860)
Number of families with income $10k - 20k:
Lakeville:
7.5% (52)
State:
3.7% (2,376)
Number of families with income $20k - 30k:
Lakeville:
9.3% (64)
Minnesota:
7.0% (4,526)
Number of families with income $40k - 50k:
Lakeville:
1.2% (8)
State:
5.9% (3,846)
Number of families with income $50k - 60k:
Lakeville:
3.2% (22)
State:
6.0% (3,860)
Number of families with income $60k - 75k:
Lakeville:
11.0% (76)
State:
7.0% (4,538)
Number of families with income $75k - 100k:
Lakeville:
2.7% (18)
State:
15.0% (9,721)
Number of families with income $100k - 125k:
Lakeville:
3.3% (23)
State:
11.5% (7,416)
Number of families with income $125k - 150k:
Lakeville:
4.9% (34)
Minnesota:
8.4% (5,428)
Number of families with income $150k - 200k:
Lakeville:
22.6% (157)
State:
11.1% (7,156)
Number of families with income > $200k:
Lakeville:
31.3% (217)
State:
14.0% (9,072)
Median per capita income in Lakeville in 2022:
Lakeville:
$29,419
Minnesota:
$28,529
Income statistics for other residents
Number of households with income < $10k:
Lakeville:
0.0% (0)
State:
5.5% (2,716)
Number of households with income $10k - 20k:
Lakeville:
0.0% (0)
State:
6.3% (3,106)
Number of households with income $20k - 30k:
Lakeville:
0.0% (0)
State:
6.7% (3,298)
Number of households with income $30k - 40k:
Lakeville:
50.9% (176)
State:
9.2% (4,529)
Number of households with income $40k - 50k:
Lakeville:
0.0% (0)
State:
8.6% (4,198)
Number of households with income $50k - 60k:
Lakeville:
0.0% (0)
State:
9.2% (4,519)
Number of households with income $60k - 75k:
Lakeville:
9.0% (31)
Minnesota:
10.8% (5,300)
Number of households with income $75k - 100k:
Lakeville:
17.1% (59)
State:
15.9% (7,771)
Number of households with income $100k - 125k:
Lakeville:
7.5% (26)
State:
8.6% (4,216)
Number of households with income $125k - 150k:
Lakeville:
0.0% (0)
State:
4.4% (2,178)
Number of households with income $150k - 200k:
Lakeville:
13.0% (45)
Minnesota:
7.3% (3,556)
Number of households with income > $200k:
Lakeville:
2.6% (9)
State:
7.3% (3,596)
Aggregate household income in Lakeville in 2022: $42,538,800
Median per capita income in Lakeville in 2022:
Lakeville:
$20,410
State:
$28,385
Change in median per capita income between 2000 and 2022:
Lakeville, Minnesota:
+5.0%
Minnesota:
+149.3%
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-41.4%
+77.4%
