Lakefield, MN 56150 has a population of approximately 2,646 and experiences a population change rate of -8.09%. The population density is 15.4 / sq mi .
56150, Lakefield, MN
Lakefield, MN 56150 has a population of approximately 2,646 and experiences a population change rate of -8.09%. The population density is 15.4 / sq mi .
The median household income for Lakefield, MN 56150 is $57,115, with 1,146 households and an average household size of 2.38.
The median value of a home in Lakefield, MN 56150 is $160,000 with an appreciation rate of 14.70%. 74.74% of housing in the state is owned while 16.57% is rented.
The cost of living in Lakefield, MN 56150 is 81.5 %.
The unemployment rate in Lakefield, MN 56150 is 2.90%, and recent job growth is at -2.12%. Future job growth is projected at 12.09%.
The sales tax rate in Lakefield, MN 56150 is 6.88%, while the income tax rate is 6.80% .
School expenditures in Lakefield, MN 56150 are $14,693, and the school ratio is 16.4:1.
The average high temperature in July is 84 degrees, with an average low temperature in January of 5.6 degrees. The average rainfall is approximately 29.8 inches per year, with 40.4 inches of snow per year.