Lakeville, MA
Maps & Population Facts

Population
11,245
Population Density
380
Labor Participaton
70.4%
Bachelor's or Higher
35.9%
Median Household Income
$98,015
Median Individual Income
$45,120
Median Individual Income(Full-time Workers Only)
$61,819

Housing Estimates

Median House Value
$356,500
Median Gross Rent
$1,347
Median Mortgage Payment
$2,105
Housing Units
4,355
People who reside in Lakeville live in:
Detached - Single Family Homes
87%
Apt, Condo, Other
12%
Analysis

Income

Households in Lakeville earn significantly more money than the national median income, averaging 62% higher per household.

Housing

Lakeville has a median house price of $356,500. The cost of homeownership is higher than most areas. The cost of renting in Lakeville is 33% more than the national average.

Percent
Renter Occupied Households 38%
New Construction (Built after 2000) 21%

Demographics

The median age in Lakeville is 45. Lakeville has a population that is significantly older than in comparison to the US median age.

Lakeville ranks better than average for having an educated population with more college graduates per resident than most areas.

Housing Data

Housing Comparison
Lakeville Massachusetts USA
Median Property Value 356,500 385,400 217,600
Median Mortgage Payment 2,105 2,108 1,513
Median Gross Rent 1,347 1,208 1,012
Property Vacancy 9.4% 10.0% 12.6%
% Renters 14% 38% 36%
Residents per Sq. Mi. 380 885 93
Personal Comparison
Lakeville Massachusetts USA
Median Household Income 98,015 77,385 60,336
Median Individual Income 45,120 41,700 33,646
Median Income (Full-Time) 61,819 60,923 46,881
Median Age 44.9 39.5 38.1
Labor Participation 70.4% 67.8% 62.8%
Attained College Degree 35.9% 43.4% 32.0%

Population Density Analysis

Lakeville, MA
380
Residents per Sq. Mile
The population density of Lakeville is comparable to that of a Rural Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +

Demographics