HomeMinnesotaJackson CountyLakefield
Lakefield, Minnesota: commercial real estate data.
Lakefield is a Census city of 1,507 people across 1.34 square miles of land, in Jackson County. Median household income is $71,648, 89.6 percent of occupied homes are owned.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lakefield
What Lakefield is
- Census place typecity
- Land area1.34 sq mi
- Water area0 sq mi
- Population per square mile of land1,126
- County holding the largest share of its areaJackson County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lakefield
How many people live in Lakefield
- Population1,507
- Median age43.3
- Population under 18312
- Share under 1820.7 percent
- Population 65 and over440
- Share 65 and over29.2 percent
- Households675
- Family households386
- Share of households that are families57.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lakefield
Income and work in Lakefield
- Median household income$71,648
- Per capita income$34,891
- Civilian labor force762
- Employed758
- Unemployed4 plus or minus 6
- Unemployment rate0.5 percent plus or minus 0.8
- Adults 25 and over1,092
- Adults 25 and over with a high school diploma or higher94.4 percent
- Adults 25 and over with a bachelor degree or higher18.7 percent plus or minus 3.9
- Adults 25 and over with a graduate degree4.0 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lakefield
Housing in Lakefield
- Housing units770
- Occupied units675
- Vacant units95 plus or minus 46
- Vacancy rate12.3 percent plus or minus 5.9
- Owner occupied605
- Renter occupied70 plus or minus 26
- Ownership rate89.6 percent
- Median owner-occupied home value$133,800
- Median gross rent, monthly$770 plus or minus $279
- Annual rent as a share of median income12.9 percent plus or minus 4.9
- Single family units705
- Share single family91.6 percent
- Units in buildings of two or more65 plus or minus 33
- Share in buildings of two or more8.4 percent plus or minus 4.2
- Mobile homes0
- Median year structure built1959
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lakefield
How Lakefield gets to work
- Workers 16 and over who commute675
- Commuting under 15 minutes277
- Share commuting under 15 minutes41.0 percent
- Commuting 30 minutes or more116 plus or minus 32
- Share commuting 30 minutes or more17.2 percent plus or minus 4.4
- Drove alone74.1 percent
- Carpooled10.9 percent plus or minus 4.6
- Public transport2.1 percent plus or minus 2.2
- Walked1.6 percent plus or minus 1.3
- Worked from home10.9 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lakefield
Flood risk in Lakefield
- NFIP communityCity of Lakefield
- NFIP community number270997
- Participating in the NFIPYes
- Community Rating System classNone
The City of Lakefield participates in the National Flood Insurance Program as community 270997 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Jackson County, not Lakefield
Jackson County context, not Lakefield figures
- Establishments in Jackson County304
- Covered employment, Jackson County5,021
- Average annual pay, Jackson County$51,882
- Housing units permitted, Jackson County51
Every figure in this section is published for Jackson County as a whole and is not a measurement of Lakefield.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Lakefield questions, answered from the record.
How many people live in Lakefield, Minnesota?
1,507, in 675 households. Lakefield city covers 1.34 square miles of land, which is 1,126 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lakefield in?
Jackson County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lakefield?
$71,648. The median owner-occupied home is valued at $133,800. Median gross rent is $770 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Is Lakefield in the National Flood Insurance Program?
Yes. Lakefield appears in the FEMA Community Status Book as Lakefield, city of, community 270997, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Lakefield figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Jackson County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lakefield.
Is zoning published for Lakefield?
No. Nothing on this page presents parcel level zoning.
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