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Lakeville Minnesota Real Estate By Jennifer Hershey

Lakeville Minnesota Real Estate

Lakeville, Minnesota, is located in Dakota County, 7 miles S of Burnsville, Minnesota and 286 miles W of Milwaukee, Wisconsin. Lakeville has a population of 43,128.

Lakeville Homes

Lakeville properties pool is 13,609 residential properties including Lakeville new homes. Median age of real estate in Lakeville is 1988. Average Household size is 3.43 people. 1% are one bedroom homes, 11% are 2 bedroom homes, 42% are 3 bedroom homes, 37% are 4 bedroom homes, and 9% are 5+ bedroom homes.

Lakeville Mortgage Statistics

Lakeville mortgages vs. USA median statistics

Homes Lakeville USA
Homes With No Mortgage 7%
30%
Homes With Mortgage 93%
70%
First Mortgage Only 61%
54%
First & Second Mortgage or HELOC 32%
16%

Lakeville Area Real Estate Tax

Lakeville Real estate Tax: Median Real Estate Taxes (2000) were $1,837 comparing to 1999 Median Family income $ 76,542. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Lakeville School District: Children make up 36.1% of Lakeville population. Lakeville has 15,560 under 18 years old residents, or 0.68 kids per one worker, or 1.14 kids per one household.

Lakeville Real Estate & Lakeville Homeownership

There are 1496.99 or 11% one person households, 3674.43 or 27% two person households, and 2721.8 or 20% three person households in Lakeville, Minnesota. Median residents age is 31.5, Senior citizens (65+) make up 1,226 or 2.8%% of Lakeville population.

There are 22,998 workers (over 16 years of age) in Lakeville. Of these, 93.31% drive to work. Approximately 1.48% of workers in Lakeville take public transportation. An estimated 0.63% walk to work.

Median Lakeville homeowner's housing expences are 20.1%

Crime in Lakeville (2003), crimes per 10,000 residents per year

Type of Crime Lakeville USA, 2003
Violent Crimes
5.8
47.5
Robberies
1.16
14.2
Aggravated Assaults
3.94
29.5
Property Crimes
210.3
358.8
Burglaries
28.29
74.0
Larceny-Thefts
176.22
241.5
Motor Vehicle Thefts
5.8
43.3

Invest in Lakeville Properties

When making a decision about buying real estate in Lakeville Minnesota area, you should consider following statistical data:

Category Lakeville USA
Near Medium City
Burnsville, Minnesota
-
Near Large City
Milwaukee, Wisconsin
-
Lakeville Zip Codes
55044
-
Lakeville Area Codes
952
-
White population
94.26%
75.1%
African-American population
1.28%
12.3%
Asian
2.01%
3.6%
American Indian & Alaskan
0.38%
0.9%
Hispanic (of any race)
1.94%
12.5%
Median Family Income (1999)
$ 76,542%
$42,000
Population Below Poverty Level
1.98%
12.4%

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