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Lake Mills, IA

Comprehensive demographics, housing data, local amenities, and economic statistics for Lake Mills.

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Community Insights

Affordable Market
$162k median home
lower cost than 69% of the country
Leading Industries
Transportation · Retail · Professional Services
5% transportation
Home Value Growth⬆
+6.3% over 2 years
Retirees
22% of residents
near the national average
Homeowners
74% of occupied units

People & Demographics

Total Population2,148
Households—
Under 18
23.0%
Age 18–34
22.0%
Age 35–64
33.0%
Age 65+
22.0%
Veterans
5.0%
Active Duty
0.0%

Housing & Living

Median Home Value$162,400
Median Gross Rent$704/mo
Owner Occupied
73.7%
Renter Occupied
26.3%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$78,013
Poverty Rate—

Key Industries

Healthcare3.0%
Professional Services2.0%
Manufacturing0.0%
Retail19.0%
Education0.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities56 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
18.0%
Master's or Higher
4.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Lake Mills?›

The total population of Lake Mills is approximately 2,148. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Lake Mills walkable and transit-friendly?›

Based on local geographic data, Lake Mills has an amenity and walkability score of 56/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Lake Mills?›

The housing market in Lake Mills is predominantly driven by homeowners, with 74% of housing units being owner-occupied and 26% being renter-occupied.

What is the education level of residents in Lake Mills?›

In Lake Mills, approximately 18% of adult residents hold a bachelor's degree or higher. Additionally, 4% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.