HomeMinnesotaWashington CountyLakeland
Lakeland, Minnesota: commercial real estate data.
Lakeland is a Census city of 1,492 people across 2.07 square miles of land, in Washington County. Median household income is $100,132, 86.6 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $880,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lakeland
What Lakeland is
- Census place typecity
- Land area2.07 sq mi
- Water area0.85 sq mi
- Population per square mile of land719
- County holding the largest share of its areaWashington 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.
Lakeland
How many people live in Lakeland
- Population1,492
- Median age56.2
- Population under 18175 plus or minus 46
- Share under 1811.7 percent plus or minus 2.7
- Population 65 and over408
- Share 65 and over27.3 percent
- Households724
- Family households471
- Share of households that are families65.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lakeland
Income and work in Lakeland
- Median household income$100,132
- Per capita income$58,009
- Civilian labor force875
- Employed832
- Unemployed43 plus or minus 34
- Unemployment rate4.9 percent plus or minus 3.8
- Adults 25 and over1,202
- Adults 25 and over with a high school diploma or higher97.8 percent
- Adults 25 and over with a bachelor degree or higher47.3 percent
- Adults 25 and over with a graduate degree15.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lakeland
Housing in Lakeland
- Housing units760
- Occupied units724
- Vacant units36 plus or minus 28
- Vacancy rate4.7 percent plus or minus 3.6
- Owner occupied627
- Renter occupied97 plus or minus 59
- Ownership rate86.6 percent
- Median owner-occupied home value$373,900
- Median gross rent, monthly$1,668
- Annual rent as a share of median income20.0 percent
- Single family units739
- Share single family97.2 percent
- Units in buildings of two or more21 plus or minus 24
- Share in buildings of two or more2.8 percent plus or minus 3.1
- Mobile homes0
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lakeland
How Lakeland gets to work
- Workers 16 and over who commute662
- Commuting under 15 minutes146 plus or minus 63
- Share commuting under 15 minutes22.1 percent plus or minus 8.7
- Commuting 30 minutes or more259 plus or minus 52
- Share commuting 30 minutes or more39.1 percent
- Drove alone71.2 percent
- Carpooled6.8 percent plus or minus 2.2
- Public transport0.4 percent plus or minus 0.5
- Walked0.7 percent plus or minus 0.6
- Worked from home20.1 percent plus or minus 7.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lakeland
SBA loans in Lakeland (7(a))
- Approvals7
- Gross approval$880,000
- Average approval$125,714
- Median approval$140,000
- Largest approval$220,000
- Jobs supported87
- Jobs per approval12.4
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises14.3 percent
- Distinct lenders5
- Distinct industries by NAICS6
Counted by borrower city: approvals to borrowers whose address is in Lakeland, in any county, FY2020 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lakeland
SBA loans in Lakeland (504)
- Approvals2
- Gross approval$480,000
- Average approval$240,000
- Median approval$240,000
- Largest approval$331,000
- Jobs supported3
- Loans with a final outcome0
- Charged off0
- Median term270 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Lakeland, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lakeland
Flood risk in Lakeland
- NFIP communityCity of Lakeland
- NFIP community number275238
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date02/03/10
The City of Lakeland participates in the National Flood Insurance Program as community 275238 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.
Washington County, not Lakeland
Washington County context, not Lakeland figures
- Establishments in Washington County6,542
- Covered employment, Washington County95,625
- Average annual pay, Washington County$60,700
- Housing units permitted, Washington County1,397
Every figure in this section is published for Washington County as a whole and is not a measurement of Lakeland.
All Washington County figures →
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
Lakeland questions, answered from the record.
How many people live in Lakeland, Minnesota?
1,492, in 724 households. Lakeland city covers 2.07 square miles of land, which is 719 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lakeland in?
Washington 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 Lakeland?
$100,132. The median owner-occupied home is valued at $373,900. Median gross rent is $1,668 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lakeland businesses?
7 7(a) approvals totaling $880,000 since FY2020, across 5 lenders, median approval $140,000, plus 2 504 approvals worth $480,000 since FY2010. These count approvals to borrowers whose address is in Lakeland, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lakeland borrowers get paid back?
No rate is published for Lakeland. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Lakeland in the National Flood Insurance Program?
Yes. Lakeland appears in the FEMA Community Status Book as Lakeland, city of, community 275238, 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 Lakeland figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Washington 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 Lakeland.
Is zoning published for Lakeland?
No. Nothing on this page presents parcel level zoning.