Living in Lakeville, MN
Suburb in Minnesota
Lakeville is a suburb in Minnesota, home to about 72,000 people, with 2.6 million living within 31 mi. Day to day, there is some transit, though many people drive. Life moves at a moderate pace, and homes are mostly houses with yards.
Is Lakeville a good place to live? Pros and cons
👍 Pros
- Family-friendly: playgrounds, family attractions and plenty of households with kids
- Strong healthcare: 9 top-rated (4–5★) hospitals within 31 mi
- Safe: violent crime is 0.2× the US rate (FBI 2019)
- Mild summers: highs around 80°F
👎 Cons
- Higher taxes: about $2,443 state income tax per resident, 1.01% property tax
- Quieter on culture: few museums and attractions nearby
- Cloudier than most places
Whether it's a good place for you depends on what you value. Take the quiz to see how Lakeville ranks against your own priorities.
Key facts
Living in Lakeville: common questions
What is the cost of living in Lakeville?
A typical 3-bedroom home is worth about $395k, and a 3-bedroom rents for about $2,260 a month including utilities. Overall living costs are above the US average (index 105, where the US is 100).
What are taxes like in Lakeville?
Minnesota collects about $2,443 in state income tax per resident, and homeowners here pay about 1.01% of their home's value in property tax each year.
Is Lakeville safe?
Violent crime is well below the national rate (0.2× in FBI 2019 data).
What is the weather like in Lakeville?
Lakeville has long, snowy winters: winter days average around 26°F and summer days around 80°F, with roughly 41″ of snow a year.
Does Lakeville get natural disasters?
Natural disaster risk is low, mainly from flooding, tornadoes and strong wind: 3 federally declared disasters have hit the county since 2000, and FEMA expects about 0.69 deaths or injuries per 100,000 residents a year.
What is the nearest major airport to Lakeville?
The nearest major airport is MSP, about 14 mi away.
How Lakeville scores
Each bar compares Lakeville with the other 1143 places in Best Life Fit Me. A dot shows where it sits between two ends, such as major metro and small town; neither end is better. Coloured bars run from poor (red) to excellent (green).
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Nearby
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Is Lakeville right for you?
Answer 27 quick questions and see how it ranks against your priorities.