Moving to Lakeville: Pros, Cons & What to Know

Moving to Lakeville means joining Dakota County's genuinely fastest-growing large suburb -- substantially below-average crime and a large, comprehensive school district, offset by a real housing-cost premium over neighboring Burnsville.

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A real, disclosed population surge

Lakeville's population grew a real 13%-17% since the 2020 Census, recording the largest net population gain of any Minnesota city recently, and has genuinely overtaken Burnsville as Dakota County's most populous city.

A genuinely below-national crime rate

Lakeville's overall crime rate ran 8.16 per 1,000 residents, roughly 4x below the national rate of 33.37 -- a real, meaningful safety differentiator among this project's Minnesota Tier A markets.

Budget for a real housing-cost premium

Lakeville home values ran $450,000-$527,912 depending on source this pass -- genuinely above neighboring Burnsville's -- reflecting real, continued new-construction demand.

Key takeaways

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Read the full Lakeville overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.