Economy & Jobs — Lakeville, Minnesota
Income & Employment
| Median Household Income (Census) | $139,041 |
| Estimated 2026 | ~$157,400 |
| Per Capita Income | $56,494 |
| Poverty Rate | 2.9% |
| Unemployment Rate | 2.0% |
| In Labor Force | 40,919 |
Top Industries
| Industry | Share |
| Education Healthcare | 24.0% |
| Retail | 12.2% |
| Professional | 12.1% |
Local Businesses (County)
| Type | Count |
| Fast Food | 303 |
| Real Estate Offices | 291 |
| Insurance Agencies | 257 |
| Full Service Restaurants | 245 |
| Dental Offices | 172 |
| Law Offices | 134 |
| Child Day Care | 129 |
| Beauty Salons | 120 |
| Chiropractors | 117 |
| Auto Repair | 106 |
| Gas Stations | 104 |
| Physician Offices | 95 |
| Commercial Banks | 92 |
| Fitness Centers | 69 |
| Grocery Stores | 60 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.