Lakeville, CT Profile: Facts & Data


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Lakeville, Connecticut - Basic Facts

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The Lakeville CDP(1) had a population of 897 as of July 1, 2021. Lakeville ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Connecticut. See peer rankings below.

The primary coordinate point for Lakeville is located at latitude 41.9645 and longitude -73.4401 in Litchfield County. The formal boundaries for the Lakeville Census Designated Place encompass a land area of 3.15 sq. miles and a water area of 0.55 sq. miles. Litchfield County is in the Eastern time zone (GMT -5). The elevation is 709 feet.

The Lakeville Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Lakeville Census Designated Place is located within Town of Salisbury, a minor civil division (MCD) of Litchfield County.

Alternate Unofficial Names for Lakeville: Furnace Village, Lake View, Salisbury Furnace, The Furnace.

  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

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  1. Lakeville 2021 Demographic Data
  2. Growth Rates for Lakeville (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Connecticut Research Tools (Easy Tools & Current Data)
  3. Connecticut Data Comparison Tool - 2021 Demographics

Lakeville, CT Data & Demographics (As of July 1, 2021)


Total Population 897 (100%)
Population in Households 894 (99.7%)
Population in Families 672 (74.9%)
Population in Group Quarters1 3 ( 0.3%)
Population Density 285
Diversity Index2 31


Median Household Income $68,398
Average Household Income $101,960
% of Income for Mortgage4 19%
Per Capita Income $46,769
Wealth Index5 119


Total HU (Housing Units) 617 (100%)
Owner Occupied HU 261 (42.3%)
Renter Occupied HU 156 (25.3%)
Vacant Housing Units 200 (32.4%)
Median Home Value $310,577
Average Home Value $433,908
Housing Affordability Index3 137


Total Households 417
Average Household Size 2.14
Family Households 242
Average Family Size 3
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.


2010-2021 2021-2026
Population -0.3% -0.56%
Households -0.21% -0.48%
Families -0.25% -0.5%
Median Household Income   0.76%
Per Capita Income   2.14%
Owner Occupied HU   0.3%

Lakeville, CT - Peer Comparisons by Rank and Percentile

The table below compares Lakeville to the other 143 incorporated cities, towns and CDPs in Connecticut by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 133 8th
Population Density # 134 7th
Median Household Income # 88 39th
Housing Affordability Index # 79 55th
Per Capita Income # 61 58th
Diversity Index # 78 46th

Additional comparisons and rankings can be made with a VERY EASY TO USE Connecticut Census Data Comparison Tool.

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