Lake Park vs Milford

A side-by-side comparison of Lake Park and Milford: population, income, housing, and more.

Lake Park and Milford are places in Iowa. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Milford has the higher population (3,315 vs 1,191 in Lake Park). Lake Park has the higher median household income ($73,977 vs $60,571 in Milford). Milford has the higher median home value ($211,000 vs $153,500 in Lake Park).

Population, income & housing

	Lake Park	Milford
Population	1,191	3,315
Median age	40.1 yrs	45.8 yrs
Median household income	$73,977	$60,571
Median home value	$153,500	$211,000
Median gross rent	$1,013	$806
Housing units	598	1,648
Homeownership rate	88.1%	69.7%
Bachelor's degree or higher	15.1%	24.1%
Unemployment rate	1.3%	2.9%

Trends (ACS 5-year, 2019–2023)

	Lake Park	Milford
Population	1,230 → 1,191 (-3.2%)	3,004 → 3,315 (+10.4%)
Median household income	$60,208 → $73,977 (+22.9%)	$53,625 → $60,571 (+13.0%)
Median home value	$115,900 → $153,500 (+32.4%)	$145,700 → $211,000 (+44.8%)
Median gross rent	$775 → $1,013 (+30.7%)	$675 → $806 (+19.4%)

Lake Park

Population

1,2301,191

Median household income

$60,208$73,977

Median home value

$115,900$153,500

Median gross rent

$775$1,013

Milford

Population

3,0043,315

Median household income

$53,625$60,571

Median home value

$145,700$211,000

Median gross rent

$675$806

Age & race/ethnicity

Age distribution (share)

	Lake Park	Milford
Under 5	8.0%	2.1%
5 to 17	19.4%	20.0%
18 to 24	2.8%	6.6%
25 to 34	11.8%	9.5%
35 to 44	16.0%	10.5%
45 to 54	9.6%	16.1%
55 to 64	10.2%	13.0%
65 to 74	13.8%	14.5%
75 and over	8.6%	7.8%

Race & ethnicity (share)

	Lake Park	Milford
White (non-Hispanic)	92.8%	96.0%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.3%	0.0%
Asian	0.3%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	2.7%	1.1%
Hispanic or Latino	4.0%	2.9%

Educational attainment (age 25+)

Share of adults 25+

	Lake Park	Milford
No high school diploma	1.0%	3.8%
High school graduate	36.8%	25.1%
Some college or associate's	47.1%	47.0%
Bachelor's degree	13.2%	19.7%
Graduate or professional degree	1.9%	4.4%

Commute to work

How workers get to work (share)

	Lake Park	Milford
Drove alone	88.1%	76.4%
Carpooled	4.2%	11.9%
Public transit	0.0%	0.0%
Walked	1.0%	2.2%
Bicycle	0.0%	0.0%
Worked from home	6.4%	3.7%
Other means	0.3%	5.8%

Housing

Units in structure (share)

	Lake Park	Milford
1-unit, detached	90.1%	63.8%
1-unit, attached	3.0%	0.0%
2 to 4 units	1.2%	9.1%
5 to 19 units	3.7%	11.2%
20 or more units	0.0%	4.0%
Mobile home & other	2.0%	11.9%

Poverty & households

	Lake Park	Milford
Poverty rate	4.7%	5.3%
Average household size	2.35	2.14
Mean commute (minutes)	20	19
Median year structure built	1965	1984