Lakeville, CT
Population 641 · Connecticut
About Lakeville, CT
Lakeville is a small community in Connecticut with a population of 641 residents. The median household income is $95,156 per year, which is above the national average. The median age in Lakeville is 56.3 years.
Housing in Lakeville has a median home value of $822,200 and median monthly rent of $0. Of the 348 total housing units, the majority are owner-occupied, with 188 owner-occupied and 69 renter-occupied units.
The unemployment rate in Lakeville is 0.0% and the poverty rate is 15.4%. 74.7% of residents hold a bachelor's degree or higher. The average commute time is 28.6 minutes.
How Lakeville Ranks in Connecticut
Cost of Living in Lakeville, CT
Compared to national averages, Lakeville has a median household income of $95,156 (27% above the national median of $75,149). Home values average $822,200, which is 236% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Connecticut, Lakeville's income is 23% below the state average of $123,065, and home values are 59% above the state median of $516,920.
Why Live in Lakeville, CT?
Lakeville offers a strong local economy with a median household income of $95,156, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 74.7% of residents hold a bachelor’s degree or higher.
Potential considerations include a competitive housing market where the typical home costs $822,200. However, Lakeville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lakeville has a population of 641 with a median age of 56.3 years. Compare Lakeville with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Lakeville
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gaylordsville | 659 | $115,398 | $467,500 | Compare |
| Norfolk | 608 | $85,313 | $325,000 | Compare |
| Cannondale | 677 | $250,001 | $1,892,900 | Compare |
| Candlewood Orchards | 683 | $120,469 | $368,000 | Compare |
| Murray | 688 | $250,001 | $970,800 | Compare |
| Botsford | 702 | $205,469 | $525,000 | Compare |
| Candlewood Isle | 569 | $250,001 | $981,000 | Compare |
| Lake Bungee | 566 | $83,936 | $248,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lakeville With Other Cities
Frequently Asked Questions about Lakeville
What is the population of Lakeville, CT?
The population of Lakeville, CT is 641 according to the latest Census data.
What is the median household income in Lakeville?
The median household income in Lakeville, CT is $95,156 per year.
What is the median home value in Lakeville?
The median home value in Lakeville, CT is $822,200.
What is the average rent in Lakeville?
The median monthly rent in Lakeville, CT is $0.
What is the unemployment rate in Lakeville?
The unemployment rate in Lakeville, CT is 0.0%.