Lakefield vs Minneapolis
| Lakefield | Minneapolis | |
|---|---|---|
| Population | 1,626 | 426,877 |
| Median Household Income | $71,648 | $80,846 |
| Median Home Value | $133,800 | $362,200 |
| Median Gross Rent | $770/mo | $1,371/mo |
| Homeownership Rate | 89.6% | 47.7% |
| Unemployment Rate | 0.5% | 5.9% |
| Bachelor's Degree or Higher | 18.7% | 55.5% |
| Median Age | 43.3 | 33.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.