Lakefield, Minnesota Population 2020

1,621

Lakefield is a city located in Minnesota. With a 2020 population of 1,621, it is the 285th largest city in Minnesota and the 8424th largest city in the United States. Lakefield is currently declining at a rate of 0.00% annually and its population has decreased by -4.31% since the most recent census, which recorded a population of 1,694 in 2010. Lakefield reached it's highest population of 1,708 in 2010. Spanning over 1 miles, Lakefield has a population density of 1,211 people per square mile.

The average household income in Lakefield is $62,628 with a poverty rate of 6.08%. The median rental costs in recent years comes to $745 per month, and the median house value is $91,100. The median age in Lakefield is 36 years, 36 years for males, and 36 years for females. For every 100 females there are 85.5 males.

Lakefield Demographics

According to the most recent ACS, the racial composition of Lakefield was:

  • White: 97.95%
  • Two or more races: 1.05%
  • Asian: 0.99%
  • Black or African American: 0.00%
  • Native American: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
  • Other race: 0.00%
The current population of Lakefield, Minnesota is 1,621, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 1,621.The last official US Census in 2010 recorded the population at 1,694.

Lakefield, Minnesota Population 2020

Population by Race

Race Population Percentage
White1,67597.95%
Two or More Races181.05%
Asian170.99%

Lakefield Population Pyramid 2020

Lakefield Median Age

36


Total

36


Male

36


Female

Lakefield Adults

There are 1,267 adults, (354 of whom are seniors) in Lakefield.

Lakefield Age Dependency

87.3

Age Dependency Ratio

38.8

Old Age Dependency Ratio

48.5

Child Dependency Ratio

Lakefield Sex Ratio

Female

922

53.92%

Male

788

46.08%

Lakefield Households and Families

Lakefield Renter vs Owner Occupied by Household Type

Lakefield Household Types

Type Owner Renter
Male100%0%
Married94.6%5.4%
Female88.7%11.3%
All82.1%17.9%
Non Family66.6%33.4%

82.1%

Rate of Home Ownership

Type Count Average Size Owned
All7392.2782.1
Non Family3231.1566.6
Married3163.1494.6
Female623.4888.7
Male382.61100

3.01

Average Family Size

2.27

Average Household Size

10.1%

Unmarried (Opposite Sex)

0%

Unmarried (Same Sex)

Lakefield Education

Education Attained Count Percentage
Less Than 9th Grade181.56%
9th to 12th Grade282.43%
High School Graduate48241.88%
Some College31127.02%
Associates Degree15813.73%
Bachelors Degree12510.86%
Graduate Degree292.52%

Lakefield Educational Attainment by Race

Name Total High School Bachelors
White1,1141,068145
Multiple Races1818
Hispanic14149
Asian55

The highest rate of high school graduation is among asian people with a rate of 100.00%.

The highest rate of bachelors degrees is among hispanic people with a rate of 64.29%.

Name Average Male Female
Overall$35,403$45,106$30,469
Less Than High School$$14,375$65,000
High School Grad$30,444$34,000$23,906
Some College$36,797$46,792$26,625
Bachelors Degree$47,500$50,938$45,000
Graduate Degree$52,917$54,167$50,625

$35,403

Average Earnings

$45,106

Average Male

$30,469

Average Female

Lakefield Language

Lakefield Language by Age

Lakefield Language

98.21% of Lakefield residents speak only English, while 1.79% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.35% of the population.

Lakefield Poverty

Lakefield Poverty by Race

Name Total In Poverty Poverty Rate
White1,600945.88%
Multiple18738.89%

6.08%

Overall Poverty Rate

6.87%

Male Poverty Rate

5.40%

Female Poverty Rate

Poverty in Lakefield

The race most likely to be in poverty in Lakefield is Multiple, with 38.89% below the poverty level.

The race least likely to be in poverty in Lakefield is White, with 5.88% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 1.55%. Among those working part-time, it was 9.07%, and for those that did not work, the poverty rate was 12.96%.

Name Poverty
Less Than High School28.57%
Some College6.70%
High School3.85%
Bachelors or Greater2.03%
Name Poverty
Male Employed5.05%
Female Employed2.44%
Female Unemployed0.00%
Male Unemployed0.00%

Lakefield Income

Lakefield Income by Household Type

Name Median Mean
Households$54,750$62,628
Families$64,688$78,329
Married Families$79,286-
Non Families$29,479$39,690

Lakefield Marital Status

Lakefield Marital Status

Marriage Rates

51.8%

Overall Marriage Rate

54.2%

Male Marriage Rate

49.7%

Female Marriage Rate

Lakefield Married by Age and Sex

Lakefield Marriage

The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 35-44.

Lakefield Marital Status by Race

Lakefield Veterans

125

Number of Veterans

119

Male Veterans

6

Female Veterans

War Veterans
Vietnam40
Korea23
Second Gulf War23
World War II12
First Gulf War10

$Lakefield Veterans by Education

8.40%

Veteran Poverty Rate

32.77%

Veteran Disability Rate

Lakefield Employment Status

70.9%

Labor Force Participation

67.3%

Employment Rate

5%

Unemployment Rate

Lakefield Place of Birth

Origin of Non-Citizens

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

72.05%

Born in Minnesota

99.12%

Native Born

0.88%

Foreign Born

0.29%

Non Citizen

Place of Birth

99.12% of Lakefield residents were born in the United States, with 72.05% having been born in Minnesota. 0.29% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Year Population Growth Annual Growth Rate
20201,6210.00%
20191,6210.00%
20181,621-12-0.73%
20171,6330.00%
20161,633-26-1.57%
20151,659-35-2.07%
20141,694-3-0.18%
20131,697-9-0.53%
20121,706130.77%
20111,693-15-0.88%
20101,7080.00%