What We Evaluated
| 👨🏫 Class Size | 15.0:1 student-teacher ratio |
| 💰 Funding | $15,343 per student |
| 🏫 School Type | Regular |
School Information
| Address | 960 AIRPORT ROAD |
| City | Waconia |
| ZIP Code | 55387 |
| District | 2741460 |
| NCES School ID | 274146004916 |
| Data Year | 2024-25 |
Community Context for 55387
Understanding the community around Laketown Elementary helps evaluate the school environment and neighborhood.
💰 Income & Economy
| Median Household Income | $104,969 |
| Per Capita Income | $49,992 |
| Poverty Rate | 2.8% |
| Households Earning $100K+ | 52.4% |
🎓 Education Level
| Bachelor's Degree or Higher | 48.3% |
| High School or Higher | 97.5% |
🏠 Housing
| Median Home Value | $397,600 |
| Median Rent | $1,176 |
| Owner-Occupied | 80.4% |
| Renter-Occupied | 19.6% |
Thinking about moving into this school’s area? See what homes and rents actually cost in ZIP 55387 — values, rent, and how it compares to nearby ZIPs. Free, no signup. See 55387 housing costs →
Student Demographics
Enrollment and demographic breakdown for Laketown Elementary.
👫 Gender Distribution
🌎 Race & Ethnicity
📋 Enrollment Summary
| Total Enrollment | 523 |
| Teachers (FTE) | 34.9 |
| Student:Teacher Ratio | 15.0:1 |
Frequently Asked Questions
What is the Repit School Score for Laketown Elementary?
How many students attend Laketown Elementary?
What grades does Laketown Elementary serve?
How much funding does Laketown Elementary receive per student?
Other Schools in 55387
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than actual school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention and better student outcomes.
- School Funding — Resources available for programs, teachers, and facilities directly affect education quality.
- School Environment — School size and structure affect available programs and student experience.
Data source: NCES CCD 2024-25 | Last updated: September 2026