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Lakeville CDP, Connecticut Demographics & Population 2026

Expensive MarketHome value to income ratio of 8.6x indicates a costly housing market

As of 2026, Lakeville CDP, Connecticut has a total population of 641, the 176th largest city in Connecticut, with a median household income of $95,156, which is 1% higher than the state average. The poverty rate is 15.4%.

Key Takeaways

Lakeville CDP Quick Facts

Population 641
Median Household Income $95,156
Median Home Value $822,200
Poverty Rate 15.4%
Unemployment Rate 0.0%
Median Age 56.3 years
Homeownership Rate 73.2%
Affordability Ratio 8.6x
Bachelor's Degree or Higher 74.7%
High School Graduation Rate 100.0%
Diversity Index 2/100
Population 641 176th of 215
Median Income $95,156 average
Poverty Rate 15.4% 24% higher national
Median Home Value $822,200 top 20%

How Lakeville CDP Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 5.7% | National: 5.2%
63.5% Labor Force Participation

Housing Overview

Owner 73.2%
Renter 26.8%
Affordability Index Very Expensive
8.6x home value to income ratio

People & Demographics

Diversity Index

2out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 56 | National average: 60

Education

Lakeville CDP Rankings in Connecticut

#176 Population of 215
#117 Median Income of 215
#38 Education of 215
#35 Home Value of 215

Cities Similar to Lakeville CDP

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Norfolk CDP608$85,313$325,00050.2%6.4%
Gaylordsville CDP659$115,398$467,50035.8%2.4%
Candlewood Orchards CDP683$120,469$368,00054.5%3.7%
Lake Bungee CDP566$83,936$248,80021.4%9.5%
Taylor Corners CDP501$107,614$563,30029.5%30.1%

Population Overview

Lakeville CDP is a small community located in Connecticut. The total population is 641. It ranks as the 176th most populous out of 215 cities and towns in Connecticut.

Age Demographics

The median age in Lakeville CDP is 56.3 years. This is 37% higher than the state median of 41.2 years. Only 13.9% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Lakeville CDP is $95,156. This is 1% higher than the state median of $93,760. Compared to the national median of $78,538, household income here is 21% higher. The poverty rate stands at 15.4%. This is 54% higher than the state poverty rate of 10.0%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 5.7%. The median home value is $822,200. Housing costs are 140% higher than the state median of $343,200. The home-value-to-income ratio of 8.6x suggests that housing affordability is a significant concern for many residents. 73.2% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 66.2%.

Race & Ethnicity

Lakeville CDP has a predominantly White (non-Hispanic) population, comprising 99.1% of all residents. The White (non-Hispanic) population is significantly higher than the state average (99.1% vs 63.0%).

Education

74.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 78% higher than the state rate of 41.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 100.0%. Notably, 40.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Lakeville CDP, Connecticut is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Connecticut state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 215 Census-designated places in Connecticut. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Lakeville CDP, Connecticut?

Lakeville CDP, Connecticut has a population of 641 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lakeville CDP, CT?

The median household income in Lakeville CDP is $95,156, which is 21% higher the national median of $78,538.

What is the poverty rate in Lakeville CDP, CT?

The poverty rate in Lakeville CDP is 15.4%. This means approximately 99 residents live below the federal poverty line.

What is the racial makeup of Lakeville CDP, Connecticut?

Lakeville CDP's population is 99.1% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Lakeville CDP, CT?

The median home value in Lakeville CDP is $822,200. The home-value-to-income ratio is 8.6x.

How educated is Lakeville CDP, Connecticut?

74.7% of adults (25+) in Lakeville CDP hold a bachelor's degree or higher, and 40.6% hold a graduate or professional degree.