[1] Owned by the Metropolitan Airports Commission, It is approximately 20 miles (32 km) south of both downtown Minneapolis and downtown St. Paul[2] [1] The airport is located near the Twin Cities suburbs of Lakeville and Farmington.

[4][5] Airlake Airport covers an area of 425 acres (172 ha) at an elevation of 960 feet (293 m) above mean sea level.

It has one runway designated 12/30 with an asphalt surface measuring 4,099 by 75 feet (1,249 x 23 m).

For the 12-month period ending December 31, 2014, the airport had 34,174 aircraft operations, an average of 94 per day, 95% general aviation, 4% air taxi and 1% military.

In January 2017, there were 108 aircraft based at this airport: 99 single-engine and 9 multi-engine.