Small Business in Lakeville

The city's median age is 37, and the average household size is 2.90, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $138,119, reflecting the community’s purchasing power and potential demand for various services. Lakeville supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 3930 operating businesses.

Industries overview
Number of companies by home service industry in Lakeville
New websites
291
+20.75%
in 2024 compared to 2023
Total websites
3,674
+8.66% (+291)
increase from 2023 to 2024
New franchise locations
New home service franchise locations in Lakeville
Profile Launched
Roofing Built To Last
Feb, 2025
Lawn Doctor of Lakeville-Burnsville-Farmington
Feb, 2024
Mosquito Joe of Lakeville-Minnetonka
Nov, 2021
ForeverLawn Minnesota Inc. Artificial Grass Sales & Installation
Feb, 2020
SERVPRO of Burnsville, Lakeville, Rosemount, Northfield, Hastings
Nov, 2019
Clean'n'Press Dry Cleaning, Laundry & Linen
Nov, 2017
Mosquito Squad of South Metro Minnesota
Nov, 2015