Lakeland, MN's Data
About Lakeland, MN's
Lakeland is a small city situated in Washington County, Minnesota, nestled along the scenic banks of the St. Croix River. This charming city, incorporated in 1951, is part of the Minneapolis-Saint Paul metropolitan area. Lakeland is known for its serene residential setting and its picturesque river views, making it a peaceful enclave within the bustling region. The city's history is closely tied to the river, which has played a pivotal role in its development and local culture.
Things To Do in Lakeland, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Lakeland, MN
St. Croix River - A popular destination for boating, fishing, and picturesque views.
Lakeland Park - Offers recreational facilities, walking trails, and family-friendly activities.
Washington County Heritage Center - A museum showcasing local history and heritage, located nearby in Stillwater.
Afton State Park - Located a short drive away, this park provides hiking, skiing, and nature exploration.
Afton Alps - Nearby ski area offering winter sports and year-round events.
The Economy of Lakeland, MN
The economy of Lakeland is primarily residential with a significant emphasis on local services and retail businesses catering to the needs of its residents and nearby communities. The proximity to the larger metropolitan areas of Minneapolis and Saint Paul provides residents with access to a broader range of job opportunities in various sectors including healthcare, education, and technology. Real estate and construction are also notable contributors to the local economy, driven by the city's desirable location and scenic views.
Lakeland, MN Inflation
Understanding the BLS and Inflation in Lakeland, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lakeland, MN. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Lakeland, MN understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Lakeland, MN using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Lakeland, MN when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Lakeland, MN
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