Minnesota · MN
Lakefield renovation costs
Official wage and housing data for Lakefield, Minnesota. Use the calculator to estimate a project with your own prices.
Pick a project, confirm Lakefield as your city, and enter your own labor hours and prices. The calculator applies the official local wages shown below.
About Lakefield
- Median home value
- $133,800
Housing figures: US Census ACS (2024), published for Lakefield (Census place 2734316).
Construction wages near Lakefield
Hourly wages for construction trades in the Southwest Minnesota nonmetropolitan area labor market (2025). The calculator's low, typical and high scenarios use the 25th percentile, median and 75th percentile of these wages.
| Trade | Low (25th) | Typical (median) | High (75th) | Workers |
|---|---|---|---|---|
| Construction Laborers | $22.40 | $26.98 | $30.62 | 1,580 |
| Electricians | $23.10 | $30.80 | $40.81 | 670 |
| Carpenters | $21.44 | $24.25 | $29.67 | 570 |
| Plumbers, Pipefitters, and Steamfitters | $22.44 | $28.47 | $42.65 | 330 |
| Heating, Air Conditioning, and Refrigeration Mechanics and Installers | $27.02 | $29.14 | $38.24 | 180 |
| Construction Managers | $37.99 | $52.53 | $65.16 | 170 |
| Painters, Construction and Maintenance | $18.00 | $23.51 | $27.50 | 60 |
Source: BLS OEWS, 2025. 7 wage records cover this labor market.
Estimate a renovation in Lakefield
Choose a project below. You enter your own labor hours and material prices; the calculator combines them with the official local wages above and shows every step of the math.