From a total population of 1,528, Lakefield has a median age of 40.5. The average age of males, in Lakefield, is 35.6 while the average age of females is 44.8. When you compare this to median age of Minnesota, Lakefield is 2.9 years older.
The median income of individuals, in Lakefield, is $24,744 while the average household income is $45,536. When comparing the median income of people living in Lakefield to the rest of Minnesota, the average income in Lakefield is $6,898 less.