Lakefield

Population: 1,652
Median household income: $62,656
Median home value: $115,900

Lakefield, a community in Jackson County, Minnesota, has 1,652 residents. Its median household income of $62,656 runs below the Jackson County figure of $69,955.

Between 2019 and 2023, Lakefield's population declined 6.3% from 1,763 to 1,652, while its median home value rose 24.6% from $93,000 to $115,900.

Households average 2.16 people. The median gross rent is $867.

Demographics

ACS 2019–2023

Population: 1,652
Median age: 43.9 yrs
Median household income: $62,656
Median home value: $115,900
Median gross rent: $867
Housing units: 822
Homeownership rate: 87.9%
Bachelor's degree or higher: 17.1%
Unemployment rate: 0.5%

Trends

ACS 5-year · 2019–2023

Population

1,7631,652

Median household income

$51,944$62,656

Median home value

$93,000$115,900

Median gross rent

$774$867

Year	Population	Median household income	Median home value	Median gross rent
2019	1,763	$51,944	$93,000	$774
2020	1,683	$53,914	$98,800	$762
2021	1,702	$56,212	$102,900	$814
2022	1,626	$58,977	$112,500	$829
2023	1,652	$62,656	$115,900	$867

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.9%

5 to 1718.8%

18 to 245.7%

25 to 349.2%

35 to 4414.8%

45 to 5410.0%

55 to 649.6%

65 to 7412.5%

75 and over15.5%

	Count	Share
Under 5	64	3.9%
5 to 17	310	18.8%
18 to 24	94	5.7%
25 to 34	152	9.2%
35 to 44	245	14.8%
45 to 54	165	10.0%
55 to 64	159	9.6%
65 to 74	207	12.5%
75 and over	256	15.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,516	91.8%
Black or African American	8	0.5%
American Indian & Alaska Native	0	0.0%
Asian	5	0.3%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	61	3.7%
Hispanic or Latino (any race)	62	3.8%

Educational attainment (age 25+)

No high school diploma9.1%

High school graduate32.6%

Some college or associate's41.2%

Bachelor's degree13.5%

Graduate or professional degree3.5%

	Count	Share
No high school diploma	108	9.1%
High school graduate	386	32.6%
Some college or associate's	488	41.2%
Bachelor's degree	160	13.5%
Graduate or professional degree	42	3.5%

Commute to work

Mean travel time to work: 17 min

Drove alone73.0%

Carpooled11.1%

Public transit1.3%

Walked3.0%

Bicycle0.0%

Worked from home10.4%

Other means1.1%

How workers get to work

	Count	Share
Drove alone	604	73.0%
Carpooled	92	11.1%
Public transit	11	1.3%
Walked	25	3.0%
Bicycle	0	0.0%
Worked from home	86	10.4%
Other means	9	1.1%

Travel time

	Count	Share
Under 15 min	302	40.8%
15 to 29 min	312	42.1%
30 to 44 min	94	12.7%
45 to 59 min	10	1.3%
60+ min	23	3.1%

Households

Average household size: 2.16
Poverty rate: 9.8% (157 of 1,603)

	Count	Share
Family households	405	54.3%
Nonfamily households	341	45.7%

Housing

Median year structure built: 1956

Occupancy

	Count	Share
Occupied	746	90.8%
Vacant	76	9.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	656	87.9%
Renter-occupied	90	12.1%

1-unit, detached89.8%

1-unit, attached2.6%

2 to 4 units3.6%

5 to 19 units1.7%

20 or more units1.9%

Mobile home & other0.4%

Units in structure

	Count	Share
1-unit, detached	738	89.8%
1-unit, attached	21	2.6%
2 to 4 units	30	3.6%
5 to 19 units	14	1.7%
20 or more units	16	1.9%
Mobile home & other	3	0.4%

Geography

Place GEOID: 2734316
Type (LSAD): 25
Land area: 1.34 sq mi
Water area: 0 sq mi
Center point: 43.6780, -95.1695