Lake Mills city, Iowa
City
Population: 2,054
(2023 estimate)
Located in
Iowa , Iowa
Census Bureau data for Lake Mills city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Lake Mills city
- What is the median household income in Lake Mills city?
-
The median household income in Lake Mills city is $70,333 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Lake Mills city?
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The poverty rate in Lake Mills city is 17.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in Lake Mills city?
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$127,100 (U.S. Census Bureau ACS 2023).
- What is the average rent in Lake Mills city?
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The median gross rent in Lake Mills city is $615 per month (U.S. Census Bureau ACS 2023).
- What percentage of Lake Mills city residents have a college degree?
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17.3% of adults in Lake Mills city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Demographics
Total Population
2,054
Median Age
43.0
Female
55.2%
Race & Ethnicity
Hispanic or Latino 9.0%
White (non-Hisp.) 90.2%
Asian 0.2%
Two or More 9.0%
Other 0.6%
Hispanic Subgroups (% of total pop.)
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$70,333
±$15,778
-$2,814 vs. state
Per Capita Income
$76,796
Median Family Income
$77,222
Poverty Rate
17.7%
+10.8 pp vs. state
Child Poverty Rate
41.3%
Working-Age Poverty Rate
—
SNAP Recipients
15.8%
Social Security Income
—
Retirement Income
26.7%
Household Income Distribution
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
999
Owner-Occupied
67.1%
Renter-Occupied
32.9%
Vacancy Rate
6.9%
Median Home Value
$127,100
-$68,800 vs. state
Median Gross Rent
$615
Owner Cost Burden (30%+)
1.5%
Renter Cost Burden (30%+)
32.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
94.9%
Bachelor's or Higher
17.3%
-13.6 pp vs. state
Graduate Degree
5.2%
Some College / Associate
21.4%
Less Than High School
0.7%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
63.4%
Unemployment Rate
2.9%
-0.7 pp vs. state
Work from Home
3.8%
Self-Employed
6.7%
Government Workers
14.9%
Private For-Profit
78.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
15.7 min
Drove Alone
87.4%
Carpool
6.1%
Public Transit
0.0%
Work from Home
3.8%
Walked
2.2%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
930
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
43.3%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
12.5%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 18: 20.6%
Working age (18–64): 79.4%
65 and over: 23.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
1.9%
Naturalized Citizen
42.1%
Speaks English Less Than Very Well
1.4%
Veterans & Disability
Veteran
6.0%
With a Disability
14.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
94.3%
Uninsured
5.7%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
87.5%
Has a Computer
90.9%
Same House 1 Year Ago
86.8%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023