Lakefield is the common name for the community and surrounding area while the formal official name is the City of Lakefield.
The formal boundaries for the City of Lakefield (see map) encompass a land area of 1.28 sq. miles and a water area of 0 sq. miles.
Alternate Unofficial Names for Lakefield: City of Lakefield.Photos of the local Lakefield, MN area
|Population in Households||1,646|
|Population in Familes||1,280|
|Population in Group Qrtrs||31|
|Average Household Size||2.15|
|Average Family Size||3|
|Total Housing Units||843 (100%)|
|Owner Occupied HU||588 (69.8%)|
|Renter Occupied HU||177 (21.0%)|
|Vacant Housing Units||78 ( 9.3%)|
|Median Home Value||$68,750|
|Average Home Value||$79,039|
|Median Household Income||$46,777|
|Average Household Income||$55,947|
|Per Capita Income||$25,595|
|(Compound Annual Growth Rates)|
|Median Household Income||2.3%|
|Per Capita Income||2.12%|
The table below compares Lakefield to the other 906 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 283||69th|
|Population Density1||# 173||81st|
|Diversity Index2||# 512||43rd|
|Median Household Income||# 597||34th|
|Per Capita Income||# 475||48th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.