Lakefield, MN Community Profile: Data

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Lakefield, Minnesota - Basic Facts

Lakefield is the common name for the community and surrounding area while the formal official name is the City of Lakefield.

It is an incorporated place (Class Code P1) located in Jackson County at latitude 43.6775 and longitude -95.1717. Jackson County is in the Central time zone (GMT -6). The elevation is 1,483 feet.

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.

Camera Icon Photos of the local Lakefield, MN area

Also See: Lakefield, MN ZIP Codes and ZIP Code Maps

Lakefield, MN - Peer Comparisons by Rank and Percentile

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.

Variable Description Rank Percentile
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.

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Lakefield, MN Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 1,677
Population in Households 1,646
Population in Familes 1,280
Population in Group Qrtrs 31
Population Density1 1,309
Diversity Index2 11
 

HOUSEHOLDS

Total Households 765
Average Household Size 2.15
Family Households 462
Average Family Size 3

HOUSING

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
 

INCOME

Median Household Income $46,777
Average Household Income $55,947
Per Capita Income $25,595
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population -0.24% -0.17%
Households 0.09% -0.05%
Families 0.0% -0.26%
Median Household Income   2.3%
Per Capita Income   2.12%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Information Updates

The Demographic Data for the 4,625 Minnesota cities, towns, counties, ZIP Codes and Census Designated Places (CDPs) profiled in this gazetteer is updated annually. Last Update: July 1, 2014.

The ZIP Code maps and the data regarding the number of residential and business addresses in each ZIP Code are updated four times per year. Last Update: August 1, 2014.

The information on the 50,016 Minnesota Physical, Cultural and Historic Features is updated six times per year. Last Update: October 5, 2014.

The School Attendance Zone Maps for 1,832 Minnesota public schools are updated four times per year. Last Update: October 6, 2014.