Money's list of America's best small cities


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26. Lakeville, MN
Lakeville
Downtown Lakeville
WINNER
Top 100 rank: 26
Population: 53,000
Compare Lakeville to Top 10 Best Places
Lakeville is a southern suburb of the Twin Cities that has more than 100 years of history. The town treasures an historic downtown that gives it a unique feel compared to other burbs.

True to its name, Lakeville boasts three sizeable lakes, two of which provide opportunities for boating and fishing.

It also boasts some of the highest ranked schools in the country (no. 3 on our list) and is home to an industrial park with more than 150 businesses providing about 4,000 jobs.

Median family income
(per year)		 $96,156 $93,313
Family purchasing power
(annual, cost-of-living adjusted)		 $85,701 $84,802
Sales tax 6.50% 6.60%
State income tax rate
(highest bracket)		 7.85%I 5.22%
State income tax rate
(lowest bracket)		 5.35%I 2.42%
Auto insurance premiums
(Average price quotes, for the state)		 $1,590 $1,854
Job growth %
(2000-2007)		 16.98% 18.60%
Median home price $256,000 $293,712
Average property taxes
(2007)		 $2,969 $4,072
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Colleges, universities and
professional schools (within 30 miles)		 30 40
Junior colleges and
technical institutes (within 30 miles)		 25 20
Test scores reading
(% above/below state average)		 28.9% 17.3%
Test scores math
(% above/below average)		 27.1% 16.6%
% students attending public/private
schools (located within town limits)		 96.3/3.7 89.5/10.5
Air quality index*
(% of days AQI ranked as good)		 80.8% 76.0%
Personal crime incidents (per 1,000) 13 2
Property crime incidents (per 1,000) N.A.3 25
Median commute time
(in minutes)		 22.7 23.0
% population with commute
45 mins. or longer		 10.2% 15.8%
% population walk or bike to work 1.3% 3.0%
Movie theaters
(within 15 miles)		 31 51
Restaurants
(within 15 miles)		 1,562 4,141
Bars
(within 15 miles)		 132 338
Public golf courses
(within 30 miles)		 261 242
Libraries
(within 15 miles)		 47 90
Museums (accredited by AAM;
within 30 miles)		 4 11
Ski resorts (within 100 miles) 12 13
Arts funding (Dollars per person of state funds spent on arts) 2.1 1.5
Annual rainfall
(inches)		 31.68 36.31
% clear days in the area 26 30
High temp in July ° F 82.8° 87.8°
Low temp in Jan ° F 3.4° 22.9°
Has health plan
(% of residents)		 92.4% 88.2%
Body mass index (avg. for residents) 27 27
Diabetes rates
(% of residents diagnosed)		 9.7% 9.6%
Hypertension rates
(% of residents diagnosed)		 22.8% 27.3%
Median age 31.9 36.0
Completed at least some college
(% of residents)		 78.7% 73.6%
Married 69.4% 57.5%
Divorced 7.7% 8.3%
Racial diversity index
(100 is national average; higher numbers indicate greater diversity)		 31.8 104.0
Amount spent on vacations
(domestic and foreign, household avg. per year)		 $8,116 $8,012
From the August 2008 issue
Notes:
* County data
** State data
(3) Crime incidences are estimates based on FBI 2006 Universal Crime and incidence reports, OnBoard analysis.

(I) Income tax notes:
17 states have statutory provision for automatic adjustment of tax brackets, personal exemption or standard deductions to the rate of inflation. Massachusetts, Michigan, Nebraska and Ohio indexes the personal exemption amounts only.
The tax brackets reported are for single individual. For married couples filing jointly, the same rates apply for income under $31,150 to over $123,751. A 6.4% AMT rate is also applicable.
These states allow personal exemption or standard deductions as provided in the IRC. Utah allows a personal exemption equal to three-fourths the federal exemptions.
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On Board LLC
Information powered by Onboard Informatics
Some data may be provided courtesy of its partners.
Sperling's Best Places
Additional data and consulting services provided by Bert Sperling's bestplaces.net.
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How we picked the Best Places
Using statistics from data provider Onboard Informatics and consultant Bert Sperling of BestPlaces.net, we crunched the numbers in order to zero in on America's best small cities for families. (Last year, we looked at small towns, with populations between 7,500 and 50,000.) More
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