At a Glance
Median Income
$55,179
$30,734 per capita
Home Value
$122,300
Zillow: $272,694
Median Rent
$769/mo
25.6% of income on rent
Violent Crime
585/100K
1,407/100K property
Bachelor's Degree+
14.5%
90.0% high school+
Unemployment
2.0%
9.8% poverty rate
Obesity Rate
34.1%
15.8% smoking rate
Avg Temperature
49°F
275 sunny days/yr
How Lakeville Compares to the U.S. Average
Each bar shows Lakeville's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Lakeville a Good Place to Live?
B
3.0 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Lakeville residents earn a median household income of $55,179 , which is 27% below the national average of $75,149.
Per capita income is $30,734. The unemployment rate stands at 2.0% (44% below the U.S. rate of 3.6%). 9.8% of residents live below the poverty line. The area is home to 6,539 business establishments, including 630 restaurants.
Housing & Cost of Living
The median home value in Lakeville is $122,300 , 57% below the national median of $281,900.
Zillow estimates the typical home at $272,694. Median rent is $769/month, with 25.6% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1982.
Safety & Crime
Lakeville reports 585 violent crimes per 100,000 residents
, which is 54% above the national average of 380/100K.
Property crime is 1,407/100K.
Education
14.5% of adults in Lakeville hold a bachelor's degree or higher
(57% below the national average).
90.0% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Lakeville has an average annual temperature of 49°F (9°C).
Winters average 23°F in January while summers reach 71°F in July. The area gets 275 sunny days per year. Annual precipitation totals 41.9 inches. Air quality is rated Good with a median AQI of 41.
Data Overview
People
Population669
Median Age39.2 yrs
Density1,062/mi²
Male / Female42% / 58%
Foreign Born13.6%
Veterans6.1%
Economy
B+
Median Income$55,179
Per Capita$30,734
Unemployment2.0%
Poverty9.8%
County GDP$19,493M
Avg Weekly Wage$1,140
Housing
A+
Home Value$122,300
Rent$769
Ownership43.2%
Zillow$272,694
Housing Units383
Rent Burden25.6%
Crime
F
Violent585/100K
Property1,407/100K
Health
Obesity34.1%
Diabetes10.1%
Smoking15.8%
Heart Disease5.5%
Premature Death9,846/100K
Climate
Avg Temp49°F
Sunny Days275/yr
Rain41.9 in/yr
AQI41 (Good)
Elevation850 ft
Education
C
Bachelor's+14.5%
High School+90.0%
Graduate+6.7%
School Score5.6/10
Community
2024 VoteR 49% / D 50%
Commute24 min
Broadband81.3%
Internet Speed124 Mbps
EV Stations18
Libraries15
Did You Know?
Lakeville was founded in 1902.
The median home in Lakeville was built in 1982.
The nearest airport is South Bend International (13 miles).
The Gini coefficient (income inequality) is 0.472 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
19.1% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 124 Mbps.
There are 630 restaurants in the area.
The county recorded 23 fatal vehicle crashes.