Lake Mills vs Rake

A side-by-side comparison of Lake Mills and Rake: population, income, housing, and more.

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

Lake Mills has the higher population (2,054 vs 199 in Rake). Lake Mills has the higher median household income ($70,333 vs $41,071 in Rake). Lake Mills has the higher median home value ($127,100 vs $34,200 in Rake).

Population, income & housing

	Lake Mills	Rake
Population	2,054	199
Median age	43.8 yrs	49.1 yrs
Median household income	$70,333	$41,071
Median home value	$127,100	$34,200
Median gross rent	$615	$792
Housing units	999	101
Homeownership rate	67.1%	84.8%
Bachelor's degree or higher	17.3%	20.8%
Unemployment rate	2.9%	0.0%

Trends (ACS 5-year, 2019–2023)

	Lake Mills	Rake
Population	2,067 → 2,054 (-0.6%)	161 → 199 (+23.6%)
Median household income	$48,542 → $70,333 (+44.9%)	$36,250 → $41,071 (+13.3%)
Median home value	$101,600 → $127,100 (+25.1%)	$29,300 → $34,200 (+16.7%)
Median gross rent	$616 → $615 (-0.2%)	$675 → $792 (+17.3%)

Lake Mills

Population

2,0672,054

Median household income

$48,542$70,333

Median home value

$101,600$127,100

Median gross rent

$616$615

Rake

Population

161199

Median household income

$36,250$41,071

Median home value

$29,300$34,200

Median gross rent

$675$792

Age & race/ethnicity

Age distribution (share)

	Lake Mills	Rake
Under 5	3.7%	4.0%
5 to 17	16.9%	20.1%
18 to 24	6.4%	3.5%
25 to 34	15.3%	9.0%
35 to 44	9.4%	4.5%
45 to 54	10.0%	19.6%
55 to 64	14.5%	12.1%
65 to 74	8.5%	7.0%
75 and over	15.3%	20.1%

Race & ethnicity (share)

	Lake Mills	Rake
White (non-Hispanic)	90.2%	95.0%
Black or African American	0.0%	1.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.2%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	0.6%	0.0%
Hispanic or Latino	9.0%	4.0%

Educational attainment (age 25+)

Share of adults 25+

	Lake Mills	Rake
No high school diploma	5.1%	6.9%
High school graduate	40.1%	43.1%
Some college or associate's	37.6%	29.2%
Bachelor's degree	12.1%	19.4%
Graduate or professional degree	5.2%	1.4%

Commute to work

How workers get to work (share)

	Lake Mills	Rake
Drove alone	87.4%	73.4%
Carpooled	6.1%	17.2%
Public transit	0.0%	0.0%
Walked	2.2%	4.7%
Bicycle	0.0%	0.0%
Worked from home	3.8%	4.7%
Other means	0.5%	0.0%

Housing

Units in structure (share)

	Lake Mills	Rake
1-unit, detached	81.3%	88.1%
1-unit, attached	0.3%	5.0%
2 to 4 units	7.0%	4.0%
5 to 19 units	9.0%	1.0%
20 or more units	1.4%	0.0%
Mobile home & other	1.0%	2.0%

Poverty & households

	Lake Mills	Rake
Poverty rate	15.9%	22.6%
Average household size	2.15	2.16
Mean commute (minutes)	16	22
Median year structure built	1965	1938