Living in Lakeville, Maine

Cost of living, income, home prices, rent and demographics of Lakeville · Census data 2020–2024

Lakeville has 99 residents with a median age of 59.9. The median household income is $65,625 (12% lower than the Maine median), the median home value is $313,600.

Lakeville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Lakeville at a glance

Population
99
Median age
59.9State: 44.8
Median household income
$65,625State: $74,733
Median home value
$313,600State: $296,600
Homeowners
100%
Bachelor's degree or higher
36.5%

Is Lakeville a good place to live?

Pros: A poverty rate of 6.1%.

Cons: Median household income 12% lower than the Maine median; home values 6% higher than the state median.

The weather is best in June to September.

Cost of living in Lakeville

Housing is the biggest part of the cost of living. In Lakeville the median home value is $313,600, 6% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,250 a month in housing costs.

Median home value

Lakeville$313,600
Maine$296,600
United States$332,700

Median monthly rent

Maine$1,139
United States$1,413

Lakeville median household income

The median household income in Lakeville is $65,625 and the income per person is $59,443. 6.1% of residents live below the poverty line (Maine: 10.7%).

Median household income

Lakeville$65,625
Maine$74,733
United States$80,734

Housing in Lakeville: homes for sale and rent

Housing units
381
Owner-occupied
100%
Renter-occupied
0%
Vacant
84%Includes seasonal homes
Median year built
1985
Average household size
1.62

84% of homes are vacant most of the year, a sign that Lakeville has many vacation and second homes.

Lakeville demographics

Population
99
Median age
59.9
Under 18
3%
65 and older
41.4%
Households
61
Foreign-born
1%
Veterans
21.9%Adults 18+

Race and ethnicity

White98%
Hispanic or Latino0%
Black2%
Asian0%

Hispanic or Latino can be of any race. Population history of Lakeville ›

Education in Lakeville

36.5% of adults 25 and older in Lakeville have a bachelor's degree or higher (Maine: 36.2%), and 5.2% have a graduate or professional degree.

Bachelor's degree or higher

Lakeville36.5%
Maine36.2%
United States35.7%

Jobs and commute in Lakeville

Unemployment rate
0%State: 3.8%
Average commute
—State: 25 min
Work from home
53.8%
Drive alone
46.2%
Public transit
0%
Walk to work
0%
Homes with broadband
91.8%

Lakeville vs nearby towns

TownPopulationMedian incomeHome valueRent
Lakeville99$65,625$313,600—
Carroll134$24,643$83,500—
Springfield310$60,833$122,500—
Lee925$49,886$174,500—
Burlington328$48,750$99,700—
Grand Lake Stream169$61,875$172,300—
Winn287$36,333$95,600$850
Lincoln4,890$56,089$141,500$658
Topsfield214$48,125$141,700—

More for people moving to Lakeville

Lakeville ZIP code ›Weather and climate ›

Living in Lakeville: FAQ

What is the median household income in Lakeville, ME?

The median household income in Lakeville is $65,625, 12% lower than the Maine median of $74,733 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Lakeville?

The median home value in Lakeville is $313,600, compared with $296,600 in Maine.

Is Lakeville, ME a good place to live?

Pluses: a poverty rate of 6.1%. Minuses: median household income 12% lower than the Maine median; home values 6% higher than the state median.

What is the median age in Lakeville?

The median age in Lakeville is 59.9 years (Maine: 44.8).

What is the unemployment rate in Lakeville?

The unemployment rate in Lakeville is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Lakeville?

36.5% of adults in Lakeville have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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