Lakeland, MN demographics:
population, income, and more

Total population
1,492
-1.2% year-over-year change
Median household income
$100,132/yr
-1.2% year-over-year change
Housing units
760
2.3% year-over-year change

Lakeland population

How many people live in Lakeland

Lakeland is home to 1,492 residents, according to the most recent Census data. Gender-wise, 51.2% of Lakeland locals are male, and 48.8% are female.

Total population
1,492
-1.2% year-over-year change
Gender ratio
Male
51.2%
764
Female
48.8%
728
Value Percent YoY change
Male 764 51.2% -0.9%
Female 728 48.8% -1.5%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Lakeland is 56, with the population distributed as follows: about 8.6% are children under 15, then 10.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 17.6% of the population, while another 35.7% fall into the 45 to 64 bracket. Finally, around 27.4% are 65 or older.

Median age
56.2
Age breakdown
Under 15
8.6%
15 to 24
10.8%
25 to 44
17.6%
45 to 64
35.7%
Over 65
27.4%
Value Percent YoY change
Under 15 129 8.6% -30.3%
15 to 24 161 10.8% -10.1%
25 to 44 262 17.6% -6.8%
45 to 64 532 35.7% 4.5%
Over 65 408 27.4% 14.6%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Lakeland, 95.6% of the population are US-born citizens, while 4.2% have gained naturalized citizenship. At the same time, 0.3% of residents are non-citizens. As for race, 93.8% of locals are Caucasian, 0.4% are African American and 0.7% have Asian roots. There’s also a share of 4.6% that includes residents with two or more races.

Citizenship
U.S.-born citizens
95.6%
Non-U.S.-born citizens
4.2%
Non-citizens
0.3%
Value Percent YoY change
U.S.-born citizens 1,426 95.6% -1.4%
Non-U.S.-born citizens 62 4.2% 5.1%
Non-citizens 4 0.3% 0.0%
Racial breakdown
White
93.8%
Black or African American
0.4%
American Indian and Alaska Native
0%
Asian
0.7%
Native Hawaiian and other Pacific Islander
0%
Two or more races
4.6%
Other
0.5%
Value Percent
White 1,400 93.8%
Black or African American 6 0.4%
Asian 11 0.7%
Two or more races 68 4.6%
Other 7 0.5%

Households in Lakeland

A peek inside Lakeland households

Lakeland has 724 households, with an average of 2 members in each. Of these, 65.1% are families, while the remaining 34.9% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
724
2.5% year-over-year change
Average people per household
2
Non-family households
253
Family households
471
Value Percent YoY change
Non-family households 253 34.9% 7.7%
Family households 471 65.1% 0.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Lakeland

The housing landscape of Lakeland

Lakeland's housing consists of 760 units, with 94.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 2.4% and offer a more compact, shared living style.

Housing units
760
2.3% year-over-year change
Housing types
Value Percent
1 unit, detached 721 94.9%
1 unit, attached 18 2.4%
2 units 2 0.3%
3 or 4 units 19 2.5%
Homes built since 2020
0
% year-over-year change

The age of buildings in Lakeland

In Lakeland, the median construction year is 1976. About 14.7% of homes were built before the 1940s, with another 3.4% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 112 14.7% 12.0%
Built between 1940 and 1949 26 3.4% -16.1%
Built between 1950 and 1959 47 6.2% 14.6%
Built between 1960 and 1969 60 7.9% -18.9%
Built between 1970 and 1979 228 30% 0.4%
Built between 1980 and 1989 189 24.9% 5.0%
Built between 1990 and 1999 68 9% 6.2%
Built between 2000 and 2009 11 1.4% -26.7%
Built between 2010 and 2019 19 2.5% 72.7%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Lakeland occupancy rates

Out of the 724 occupied housing units in Lakeland, 86.6% are owner-occupied, while 13.4% are lived in by tenants. Meanwhile, 4.7% of all homes on the local market sit vacant.

Occupied housing units
724
2.5% year-over-year change
Occupancy breakdown
Renter occupied
97
Owner occupied
627
Value Percent YoY
change
Renter occupied 97 13.4% -4.9%
Owner occupied 627 86.6% 3.8%
Unoccupied housing units
4.7%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Lakeland housing costs

Housing costs in Lakeland come to a median of $1,578 per month, while tenants specifically pay a median gross rent of $1,668.

Median housing costs per month
$1,578/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Lakeland
$1,668/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Lakeland

Lakeland education at a glance

About 24.3% of the population in Lakeland went to high school, while 20.6% pursued college studies. Another 10% earned an associate degree and 31% hold a bachelor’s. Meanwhile, 13.8% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 3 0.2% 0.0%
High school diploma 320 24.3% 13.1%
College diploma 272 20.6% -4.2%
Associate degree 132 10% -9.6%
Bachelor's degree 408 31% 4.1%
Graduate degree 182 13.8% 13.8%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Lakeland

How much people earn in Lakeland

The average annual household income in Lakeland was $118,777 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -2% change from the previous year. At the same time, the median income stood at $100,132, reflecting a -1.2% shift over the same period.

Average household income in Lakeland
$118,777/year
-2.0% year-over-year change
Median household income in Lakeland
$100,132/year
-1.2% year-over-year change

Lakeland income by age

In Lakeland, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $127,554. Those with someone between 45 and 64 in charge, often well established professionally, earn $104,231 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $46,417, while those led by someone over 65, many of whom may be retired, have about $72,500 in earnings. Overall, 96.7% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $46,417 -0.9%
25 - 44 $127,554 2.9%
45 - 64 $104,231 1.4%
Over 65 $72,500 1.1%
Above poverty level
1,434
Below poverty level
49
Value Percent YoY
change
Above poverty level 1,434 96.7% -0.3%
Below poverty level 49 3.3% -14.0%

Average renter income in Lakeland

To get a better sense of what renters earn on average in Lakeland, their median household income was $46,676 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 42.9%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$46,676
Rent-to-income ratio
42.9%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Lakeland

Workforce and job types in Lakeland

The job market in Lakeland is powered by 832 working residents, spread across a range of industries and roles. 87.4% of the working population are employed in professional or administrative positions, while 12.6% are in hands-on or service-based jobs. Also, 14.1% run their own businesses, 54.1% are employed by private companies, and 20.4% work in the public sector.

Workforce demographics

Working population
832
0.4% year-over-year change
White collar
727
Blue collar
105
Value Percent YoY change
White collar 727 87.4% 2.7%
Blue collar 105 12.6% -13.2%
Employer type
Self employees
14.1%
Private companies
54.1%
Governmental workers
20.4%
Not for profit companies
11.4%
Value Percent YoY change
Self employees 117 14.1% -6.4%
Private companies 450 54.1% -0.2%
Governmental workers 170 20.4% 2.4%
Not for profit companies 95 11.4% 9.2%
Unemployment rate
4.9%
7.5% year-over-year change

Available workforce

The unemployment rate in Lakeland stands at 4.9%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Lakeland

How people get around in Lakeland

Commuting methods vary: 77.9% of residents travel by personal vehicle and 0.7% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 646 77.9% 2.7%
Bus or trolleybus 3 0.4% 0.0%
Walk 6 0.7% 20.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Lakeland by zipcode?

Zipcode Population Number of households Median income Average income
55043 3,424 1,487 $102,966 $139,496

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FAQs about Lakeland demographics 

What is the total population of Lakeland?

Lakeland has a total population of 1,492 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -1.2% compared to a year ago.

What is the gender ratio in Lakeland?

The gender ratio in Lakeland is as follows:
  • 51.2% males (764 residents)
  • 48.8% females (728 residents)

What is the median age in Lakeland?

The median age in Lakeland is 56.2.

What is the age distribution of the population in Lakeland?

The age distribution in Lakeland is as follows:
  • Under 15: 8.6% (129 residents)
  • Ages 15-24: 10.8% (161 residents)
  • Ages 25-44: 17.6% (262 residents)
  • Ages 45-64: 35.7% (532 residents)
  • Over 65: 27.4% (408 residents)

What is the racial and ethnic makeup of Lakeland?

The racial and ethnic makeup of Lakeland is as follows:
  • White: 93.8% (1,400 residents)
  • Black or African American: 0.4% (6 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0.7% (11 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 4.6% (68 residents)
  • Other: 0.5% (7 residents)

What percentage of the population in Lakeland are U.S.-born citizens?

U.S.-born citizens represent 95.6% of the population in Lakeland.

How many housing units are there in Lakeland?

There are 760 housing units in Lakeland, reflecting a +2.3% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Lakeland and what is the average household size?

Lakeland has a total of 724 households, with an average of 2 people in each.

What is the median household income in Lakeland?

Lakeland has a median household income of $100,132, representing a -1.2% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Lakeland?

The employment rate is 95.1% in Lakeland, with a workforce of 832 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 87.4% (727 residents)
  • Blue-collar workers: 12.6% (105 residents)

Places of employment:
  • Self-employed: 14.1% (117 residents)
  • Private companies: 54.1% (450 residents)
  • Governmental workers: 20.4% (170 residents)
  • Not-for-profit companies: 11.4% (95 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025