NerdWallet Study Names Lakeville as Top Spot for Young Families
In an analysis of the most affordable and family-friendly communities in Minnesota, local financial company NerdWallet ranked Lakeville as No. 4 on its “Best Cities for Young Families in Minnesota” list.
According to NerdWallet, the financial company looked at three major factors that drive people’s decisions on where they should raise their families: public school excellence, home affordability, and growth and prosperity. A total of 88 cities with populations of at least 10,000 people were looked at and ranked.
Here’s how NerdWallet described Lakeville:
“The residential community in Lakeville continues to grow year over year and the median income for the area is growing as well. Its independent school district rivals those of other metro areas, where high student test scores are supported by a comprehensive curriculum. In addition to its location less than a half-hour drive from the heart of Minneapolis, Lakeville has extensive plans for improving its downtown to integrate parks with the retail and commercial core as well as to create more parking and walking trails.”
Monticello took the No. 1 spot, followed by Waconia and Ham Lake at No. 2 and No. 3, respectively. See the full list here.
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This local update courtesy of your Lakeville Community Expert.