Census Bureau data for Lakefield city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Lakefield city
- What is the median household income in Lakefield city?
- The median household income in Lakefield city is $62,656 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Lakefield city?
- The poverty rate in Lakefield city is 1.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in Lakefield city?
- $115,900 (U.S. Census Bureau ACS 2023).
- What is the average rent in Lakefield city?
- The median gross rent in Lakefield city is $867 per month (U.S. Census Bureau ACS 2023).
- What percentage of Lakefield city residents have a college degree?
- 17.1% of adults in Lakefield city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,652
Median Income
$62,656
Median Home Value
$115,900
Poverty Rate
1.7%
Unemployment (ACS 2023)
0.5%
Median Age
43.0 yrs
Since 2019
Median Income:
+$10,712 (+20.6%)
Home Value:
+$22,900 (+24.6%)
Poverty Rate:
-1.2 pp (-41.4%)
Bachelor's+:
+3.2 pp (+23%)
Unemployment:
-3.5 pp (-87.5%)
Demographics
Total Population
1,652
Median Age
43.0
Female
54.5%
Race & Ethnicity
Hispanic or Latino 3.8%
White (non-Hisp.) 91.8%
Black 0.5%
Asian 0.3%
Two or More 4.7%
Other 0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$62,656
±$5,078
-$24,900 vs. state
Per Capita Income
$73,442
Median Family Income
$73,348
Poverty Rate
1.7%
-3.8 pp vs. state
Child Poverty Rate
1.8%
Working-Age Poverty Rate
—
SNAP Recipients
6.3%
Social Security Income
—
Retirement Income
29.0%
Household Income Distribution
< $10k
5.6%
$10–15k
4.4%
$15–25k
9.0%
$25–35k
8.2%
$35–50k
12.3%
$50–75k
27.3%
$75–100k
15.0%
$100–150k
11.0%
$150–200k
5.0%
$200k+
2.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
822
Owner-Occupied
87.9%
Renter-Occupied
12.1%
Vacancy Rate
9.2%
Median Home Value
$115,900
-$189,600 vs. state
Median Gross Rent
$867
Owner Cost Burden (30%+)
21.4%
Renter Cost Burden (30%+)
22.0%
Home Value Distribution
< $50k
11.3%
$50–100k
26.5%
$100–200k
34.0%
$200–300k
13.7%
$300–500k
0.9%
Gross Rent Distribution
< $500
15.9%
$500–1k
63.4%
$1–1.5k
20.7%
Vehicle Availability
No vehicle
4.8%
1 vehicle
31.2%
2 vehicles
42.0%
3+
22.0%
Housing Type
Single-fam. det.
89.8%
Single-fam. att.
2.6%
2–4 units
1.7%
5–19 units
1.3%
20+ units
1.9%
Mobile home
0.4%
Housing Age
Pre-1940
31.3%
1940–1969
7.1%
1970–1999
17.4%
2000–2009
3.8%
2010+
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
90.9%
Bachelor's or Higher
17.1%
-21.7 pp vs. state
Graduate Degree
3.5%
Some College / Associate
22.3%
Less Than High School
2.6%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
64.0%
Unemployment Rate
0.5%
-3.4 pp vs. state
Work from Home
10.4%
Self-Employed
5.1%
Government Workers
11.0%
Private For-Profit
83.5%
Industry
Manufacturing
26.4%
Edu/Health
19.7%
Retail
13.7%
Finance
9.0%
Construction
7.5%
Transportation
4.9%
Prof. Services
4.4%
Agriculture
3.1%
Information
2.9%
Public Admin
2.7%
Arts/Entmt.
2.6%
Wholesale
1.3%
Occupation
Management
24.2%
Sales
22.7%
Production
22.4%
Food Prep
17.1%
Construction
13.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
16.9 min
Drove Alone
73.0%
Carpool
11.1%
Public Transit
1.3%
Work from Home
10.4%
Walked
3.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
746
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
38.7%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
10.3%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.9%
5–9
4.8%
10–14
9.1%
15–19
7.1%
20–24
3.5%
25–34
9.2%
35–44
14.8%
45–54
10.0%
55–64
3.3%
65–74
6.4%
75–84
12.5%
85+
9.0%
Under 18: 22.6%
Working age (18–64): 77.4%
65 and over: 28.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
1.7%
Naturalized Citizen
25.0%
Speaks English Less Than Very Well
0.9%
Foreign-Born Origin
Latin America
64.3%
Asia
25.0%
Europe
10.7%
Veterans & Disability
Veteran
10.8%
With a Disability
18.1%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.5%
Uninsured
1.5%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
86.6%
Has a Computer
90.1%
Same House 1 Year Ago
90.4%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023