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The total population of Lakeland is estimated to be 1,637 with 825 males (50.40%) and 812 females (49.60%). There are 13 less females than males in Lakeland.
The median household income in Lakeland was $95,713 in 2021, which marked an a decrease of 2,575(2.62%) from $98,288 in 2020. This income is 128.29% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lakeland sees its highest median household income among householders in the age group of 25 to 44 years old, at $120,927. Overall, the median household income for the city of Lakeland stands at $95,713.
In Lakeland, the median income for all workers aged 15 years and older, regardless of work hours, was $55,749 for males and $43,666 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,822 for males and $65,981 for females.
In Lakeland, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $96,283, while White households have a median household income of $94,279.
In 2022, the population of Lakeland was 1,679, a 1.18% decrease year-by-year from 2021. Previously, in 2021, Lakeland's population was 1,699, a decline of 0.53% compared to a population of 1,708 in 2020.
The median age in Lakeland, MN is 51.8, as per 2021 ACS 5-Year Estimates. Of the total population, 14.65% were under the age of 15, 14.12% aged 15 to 29, 49.44% aged 30 to 64, 21.56% aged 65 to 84, and 0.24% were 85 years of age and older.
Racial distribution of Lakeland population: 94.80% are White, 1% are Asian, 0.24% are some other race and 3.96% are multiracial.