Major industry began in Lakeville in the 1960s and is still important to the economy; it is a center for both smaller startup companies and larger established ones. Agriculture has been important to Lakeville for many years; in fact, the earliest migrants to settle here were farmers of Scandinavian, Norwegian, Irish, Scottish and English descent. Agriculture is still an important industry, despite the influx of industry, which means that the food you will be eating and buying in grocery stores is very likely straight from a nearby farm. Spending your vacation in a travel trailer rental near Lakeville means that you will have the option of delicious home cooked meals any time you want.

There are a number of lakes, rivers, small ponds and wetlands within Lakeville's city limits (as the name implies), making it a good destination for swimming, boating and fishing. Winter guests to this city can even try their hand at ice fishing, although pairing up with someone who is experienced is a good idea. Parking your Lakeville luxury RV rental nearby when you're ice fishing offers you a warm, cozy space to come back to when you have finished.

Some famous celebrities have called this Minnesota city home, including Rachel Banham of the WNBA Connecticut Sun, pro football players Kevin Kaesviharn and Paul Krause (Minnesota Vikings & Hall of Famer), NASCAR driver Joey Miller, NHL alumni Jordan Schroeder (Columbus Blue Jackets), Brady Skjei (New York Rangers) and Ryan Poehling (Montreal Canadiens), and Bradley Ellingboe (a composer).