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Lakeland, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Lakeland, Minnesota had a total population of 1,492, the 304th largest city in Minnesota, with a median household income of $100,132, which is 12% higher than the state average. The poverty rate is 3.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lakeland Quick Facts

Population 1,492
Median Household Income $100,132
Median Home Value $373,900
Poverty Rate 3.3%
Unemployment Rate 4.9%
Median Age 56.2 years
Homeownership Rate 86.6%
Affordability Ratio 3.7x
Bachelor's Degree or Higher 47.3%
High School Graduation Rate 97.8%
Diversity Index 13/100
Population 1,492 304th of 914
Median Income $100,132 top 20%
Poverty Rate 3.3% 74% lower than national
Median Home Value $373,900 top 20%

How Lakeland Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,5101,492-1.2%
Median household income$101,339$100,132-1.2%
Median home value$357,700$373,900+4.5%

How Lakeland Compares

Economy & Housing

Household Income Distribution

Under $25K 5.0%
$25K-$50K 17.8%
$50K-$100K 27.1%
$100K+ 50.1%
Detailed income brackets
Under $10K
2.2%
$10K-$15K
0.5%
$15K-$20K
0.8%
$20K-$25K
1.4%
$25K-$30K
0.7%
$30K-$35K
1.2%
$35K-$40K
1.9%
$40K-$45K
3.2%
$45K-$50K
10.8%
$50K-$60K
4.7%
$60K-$75K
7.0%
$75K-$100K
15.3%
$100K-$125K
16.6%
$125K-$150K
8.3%
$150K-$200K
14.4%
$200K+
10.9%

Employment

4.9% Unemployment Rate State: 4.1%|National: 5.2%
64.8% Labor Force Participation

Housing Overview

Owner 86.6%
Renter 13.4%
Affordability Index Affordable
3.7x home value to income ratio
Median gross rent $1,668/mo 20.0% of median household income annually

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

Lakeland Rankings in Minnesota

#304 Population of 914
#141 Median Income of 887
#74 Education of 914
#95 Home Value of 870

Other Cities in Washington County

CityPopulationMedian IncomePovertyHome Value
Woodbury 78,305 $125,310 5.3% $450,200
Cottage Grove 40,992 $120,791 4.2% $378,800
Oakdale 28,585 $93,772 5.7% $318,100
Forest Lake 20,729 $92,944 7.0% $393,500
Stillwater 19,355 $105,853 7.3% $414,200
Hugo 16,340 $116,228 2.8% $408,900
Lake Elmo 13,140 $153,669 4.8% $597,000
Mahtomedi 8,133 $123,319 3.8% $476,000
St. Paul Park 5,457 $100,642 5.0% $263,500
Oak Park Heights 4,756 $82,476 7.1% $354,800

Cities Similar to Lakeland

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
St. John's University1,580N/AN/A78.6%28.4%
Avon1,552$91,563$245,10031.1%9.8%
Lewiston1,613$91,875$213,60030.9%5.2%
Maple Plain1,701$93,750$359,90037.5%3.7%
Lakefield1,507$71,648$133,80018.7%10.5%

Population Overview

Lakeland is a small community located in Minnesota, within Washington County. The total population is 1,492. It ranks as the 304th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Lakeland is 56.2 years. This is 45% higher than the state median of 38.8 years. Only 11.7% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Lakeland is $100,132. This is 12% higher than the state median of $89,062. It is also 24% higher than the national median of $80,734. The poverty rate stands at 3.3%. This is 65% lower than the state poverty rate of 9.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.9%. This is 21% higher than the state rate of 4.1%. The median home value is $373,900. Housing costs are 14% higher than the state median of $329,300. The home-value-to-income ratio is 3.7x. 86.6% of occupied housing units are owner-occupied. This homeownership rate is 20% higher than the state average of 72.2%.

Race & Ethnicity

Lakeland has a predominantly White (non-Hispanic) population, comprising 93.0% of all residents. Hispanic or Latino residents account for 3.9%. The Black or African American population (0.4%) is well below the state average of 7.0%. The Asian population (0.7%) is well below the state average of 5.1%.

Education

47.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Lakeland in the top 10% of all cities in the state for educational attainment. This is 20% higher than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.8%. Notably, 15.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Lakeland, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Lakeland, Minnesota?

Lakeland, Minnesota has a population of 1,492 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lakeland, MN?

The median household income in Lakeland is $100,132, which is 24% higher than the national median of $80,734.

What is the poverty rate in Lakeland, MN?

The poverty rate in Lakeland is 3.3%. This means approximately 49 residents live below the federal poverty line.

What is the racial makeup of Lakeland, Minnesota?

Lakeland's population is 93.0% White, 0.4% Black, 3.9% Hispanic/Latino, and 0.7% Asian.

What is the median home value in Lakeland, MN?

The median home value in Lakeland is $373,900. The home-value-to-income ratio is 3.7x.

How educated is Lakeland, Minnesota?

47.3% of adults (25+) in Lakeland hold a bachelor's degree or higher, and 15.1% hold a graduate or professional degree.