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The total population of Lakeville town is estimated to be 11,625 with 5,686 males (48.91%) and 5,939 females (51.09%). There are 253 more females than males in Lakeville town.
The median household income in Lakeville town was $121,322 in 2021, which marked an a decrease of 2,556(2.06%) from $123,878 in 2020. This income is 162.62% 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, Lakeville town sees its highest median household income among householders in the age group of 45 to 64 years old, at $142,420. Overall, the median household income for the town of Lakeville town stands at $121,322.
In Lakeville town, the median income for all workers aged 15 years and older, regardless of work hours, was $68,091 for males and $46,250 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $86,241 for males and $69,027 for females.
In Lakeville town, there are just two different racial groups among households. Among these, White households report a median household income of $122,211, while Black or African American households have a median household income of $84,611.
In 2022, the population of Lakeville town was 11,895, a 1.10% increase year-by-year from 2021. Previously, in 2021, Lakeville town's population was 11,766, an increase of 1.98% compared to a population of 11,538 in 2020.
The median age in Lakeville, Massachusetts is 42.6, as per 2021 ACS 5-Year Estimates. Of the total population, 16.34% were under the age of 15, 18.00% aged 15 to 29, 50.50% aged 30 to 64, 13.67% aged 65 to 84, and 1.49% were 85 years of age and older.
Racial distribution of Lakeville town population: 93.88% are White, 1.80% are Black or African American, 0.09% are American Indian and Alaska Native, 1.18% are Asian, 0.63% are some other race and 2.42% are multiracial.