How many renters in Lakeville, MN pay more than 30% of their income on rent?
56.7% (±8.0 points) of renting households in Lakeville, MN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
45.0% spend 35% or more.
The median renting household spends 32.9% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 56.7% (±8.0 points)
- Paying 35% or more
- 45.0% (±6.5 points)
- Median share of income
- 32.9% (±2.6 points)
Rent as a share of income in Lakeville
| Share of income spent on rent | Lakeville | Dakota County | Minnesota | United States |
|---|---|---|---|---|
| Less than 15% | 6.8% (±3.1 points) | 10.1% | 12.9% | 12.6% |
| 15% to 19.9% | 10.8% (±4.8 points) | 13.7% | 12.9% | 12.2% |
| 20% to 24.9% | 10.8% (±4.2 points) | 14.6% | 13.9% | 12.6% |
| 25% to 29.9% | 14.9% (±5.6 points) | 11.8% | 12.1% | 11.5% |
| 30% to 34.9% | 11.7% (±4.6 points) | 10.0% | 9.7% | 9.2% |
| 35% or more | 45.0% (±6.5 points) | 39.8% | 38.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Lakeville against Dakota County, its state and the nation
| Lakeville | Dakota County | Minnesota | United States | |
|---|---|---|---|---|
| Paying 30% or more | 56.7% (±8.0 points) | 49.8% (±2.3 points) | 48.1% (±0.6 points) | 51.1% |
| Paying 35% or more | 45.0% (±6.5 points) | 39.8% (±1.8 points) | 38.4% (±0.5 points) | 41.9% |
| Median share of income | 32.9% (±2.6 points) | 29.9% (±0.9 points) | 29.2% (±0.3 points) | 30.6% |
| Median renter household income | $51,220 (±$13,098) | $60,763 (±$2,526) | $51,080 (±$531) | $52,966 |
| Median gross rent | $1,806 (±$96) | $1,548 (±$31) | $1,280 (±$7) | $1,413 |
In Lakeville, the share of renters paying 30% or more of income is not measurably different from Dakota County (49.8%).
It is also higher than in Minnesota (48.1%).
It is not measurably different from the national figure (51.1%).
In Dakota County, Lakeville ranks 8 of 31 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 522 of 2,184.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Lakeville
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Lakeville | — | 56.7% (±8.0 points) | — |
| Farmington | 4.2 mi | 50.0% (±15.9 points) | Not measurably different |
| Credit River | 5.4 mi | 31.3% (±67.4 points) | Not measurably different |
| Apple Valley | 5.4 mi | 52.3% (±6.5 points) | Not measurably different |
| Burnsville | 6.2 mi | 49.9% (±5.8 points) | Not measurably different |
| Eureka Township | 6.7 mi | 76.7% (±54.4 points) | Not measurably different |
| New Market Township | 7.6 mi | 0.0% (±69.9 points) | Not measurably different |
| Empire | 7.8 mi | 24.1% (±38.5 points) | Not measurably different |
| Savage | 8.0 mi | 56.1% (±14.0 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Dakota County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 (tie) | Randolph Township | 100.0% (±141.4 points) |
| 3 | Vermillion Township | 92.3% (±21.7 points) |
| 4 | Eureka Township | 76.7% (±54.4 points) |
| 5 | Lilydale | 70.8% (±11.6 points) |
| 6 | Mendota | 64.7% (±65.9 points) |
| 7 | West St. Paul | 58.7% (±8.5 points) |
| 8 | Lakeville | 56.7% (±8.0 points) |
| 9 (tie) | Apple Valley | 52.3% (±6.5 points) |
| 9 (tie) | Inver Grove Heights | 52.3% (±9.5 points) |
| 11 | Marshan Township | 52.2% (±52.8 points) |
| 12 | Farmington | 50.0% (±15.9 points) |
| 13 | Burnsville | 49.9% (±5.8 points) |
| 14 | South St. Paul | 48.3% (±10.7 points) |
Showing 13 of 31 places in Dakota County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Lakeville
Are renters in Lakeville rent-burdened?
56.7% of renting households in Lakeville pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Lakeville spend on rent?
The median renting household in Lakeville, MN spends 32.9% (±2.6 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakeville city, Minnesota
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Lakeville city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lakeville city, Minnesota
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lakeville city, Minnesota (place:35180, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Income and affordability in Lakeville
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- Population growth in Lakeville
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- Crowding and facilities in Lakeville
- Minnesota landlord and tenant rules
- Housing across Dakota County
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- Housing data for every place in Minnesota