The labor force participation rate in Lakeville is 69.8%, with an unemployment rate of 3.2%. For people when you look at the labor force, the typical commute time is 35.6 minutes. 14.9% of Lakeville’s community have a masters degree, and 24.3% posses a bachelors degree. Among those without a college degree, 29.6% attended at least some college, 26.5% have a high school diploma, and only 4.7% have an education not as much as senior high school. 2% are not covered by health insurance.
The average family size in Lakeville, MA is 3.16 residential members, with 84.9% owning their particular domiciles. The mean home value is $371087. For those people leasing, they pay an average of $1540 per month. 67.5% of households have 2 sources of income, and a typical domestic income of $106633. Median individual income is $46508. 3.7% of citizens live at or beneath the poverty line, and 12.1% are considered disabled. 8.7% of citizens are veterans regarding the US military.
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