Laketown is located in Carver County, Minnesota. Laketown has a 2025 population of 1,899 . Laketown is currently declining at a rate of -0.68% annually and its population has decreased by -3.26% since the most recent census, which recorded a population of 1,963 in 2020.
The average household income in Laketown is $172,887 with a poverty rate of 2.67%. The median age in Laketown is 38.3 years: 39.1 years for males, and 36 years for females. For every 100 females there are 108.8 males.
Data after 2023 is projected based on recent change
The racial composition of Laketown includes 94.5% White, and smaller percentages for Two or more races, Black or African American, other race, Asian, Native American and multiracial populations.
White (94.5%)
Two or more races (2.09%)
Black or African American (1.31%)
Other race (1.22%)
Asian (0.63%)
Native American (0.24%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 1,942 | 94.5% |
| Two or more races | 43 | 2.09% |
| Black or African American | 27 | 1.31% |
| Other race | 25 | 1.22% |
| Asian | 13 | 0.63% |
| Native American | 5 | 0.24% |
Married
Widowed
Divorced
Separated
Never Married
Laketown's average per capita income is $75,219. Household income levels show a median of $153,500. The poverty rate stands at 2.67%.
Name | Median | Mean |
|---|---|---|
| Married Families | $169,167 | - |
| Families | $166,923 | $182,152 |
| Households | $153,500 | $172,887 |
| Non Families | $66,250 | $103,559 |
Average Income
Median Household Income
Poverty Rate