Lakeville, IN

Full City Profile · Indiana · St. Joseph County County

3.6 /5.0
B+ Good
669 Population 1,062/sq mi density
$55,179 Median Income $30,734 per capita
$122,300 Home Value $292,314 Zillow
$769 Median Rent 25.6% income on rent
49°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$55,179 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$122,300 home value, $769/mo rent
C
Education
2.2 / 5.0
14.5% bachelor's degree or higher

Lakeville, IN

At a Glance

Median Income
$55,179
27% below
$30,734 per capita
Home Value
$122,300
57% below
Zillow: $292,314
Median Rent
$769/mo
34% below
25.6% of income on rent
Bachelor's Degree+
14.5%
57% below
90.0% high school+
Unemployment
2.9%
19% below
9.8% poverty rate
Obesity Rate
34.1%
6% above
15.8% smoking rate
Avg Temperature
49°F

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)

Income
73%
Home Value
43%
Rent
66%
Poverty
79%
Bachelor's
43%
Unemployment
81%
Thin vertical line = U.S. national average (100%)

Is Lakeville a Good Place to Live?

B+
3.6 / 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 2.9% (19% 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 $292,314. 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.

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. Annual precipitation totals 41.9 inches. Air quality is rated Good with a median AQI of 45.

Data Overview

People

Population669
Median Age39.2 yrs
Density1,062/mi²
Male / Female42% / 58%
Foreign Born0.0%
Veterans6.1%

Economy

B+
Median Income$55,179
Per Capita$30,734
Unemployment2.9%
Poverty9.8%
County GDP$19,493M
Avg Weekly Wage$1,140

Housing

A+
Home Value$122,300
Rent$769
Ownership43.2%
Zillow$292,314
Housing Units383
Rent Burden25.6%

Health

Obesity34.1%
Diabetes10.1%
Smoking15.8%
Heart Disease5.5%
Premature Death9,846/100K

Climate

Avg Temp49°F
Rain41.9 in/yr
AQI45 (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.
11.4% of the population has a disability.
Average internet download speed is 124 Mbps.
There are 630 restaurants in the area.
The county recorded 23 fatal vehicle crashes.