Lake Mills

Population: 2,054
Median household income: $70,333
Median home value: $127,100

Lake Mills is a community in Winnebago County, Iowa, home to 2,054 residents. Its median household income of $70,333 runs above the Winnebago County figure of $63,719.

From 2019 to 2023, Lake Mills's population held roughly steady from 2,067 to 2,054, while its median home value rose 25.1% from $101,600 to $127,100.

The median gross rent is $615. 17.3% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 2,054
Median age: 43.8 yrs
Median household income: $70,333
Median home value: $127,100
Median gross rent: $615
Housing units: 999
Homeownership rate: 67.1%
Bachelor's degree or higher: 17.3%
Unemployment rate: 2.9%

Trends

ACS 5-year · 2019–2023

Population

2,0672,054

Median household income

$48,542$70,333

Median home value

$101,600$127,100

Median gross rent

$616$615

Year	Population	Median household income	Median home value	Median gross rent
2019	2,067	$48,542	$101,600	$616
2020	2,108	$52,885	$104,000	$612
2021	2,101	$62,800	$104,500	$626
2022	1,965	$63,750	$123,800	$637
2023	2,054	$70,333	$127,100	$615

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.7%

5 to 1716.9%

18 to 246.4%

25 to 3415.3%

35 to 449.4%

45 to 5410.0%

55 to 6414.5%

65 to 748.5%

75 and over15.3%

	Count	Share
Under 5	75	3.7%
5 to 17	348	16.9%
18 to 24	131	6.4%
25 to 34	314	15.3%
35 to 44	193	9.4%
45 to 54	206	10.0%
55 to 64	297	14.5%
65 to 74	175	8.5%
75 and over	315	15.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,853	90.2%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	5	0.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	12	0.6%
Hispanic or Latino (any race)	184	9.0%

Educational attainment (age 25+)

No high school diploma5.1%

High school graduate40.1%

Some college or associate's37.6%

Bachelor's degree12.1%

Graduate or professional degree5.2%

	Count	Share
No high school diploma	76	5.1%
High school graduate	601	40.1%
Some college or associate's	564	37.6%
Bachelor's degree	181	12.1%
Graduate or professional degree	78	5.2%

Commute to work

Mean travel time to work: 16 min

Drove alone87.4%

Carpooled6.1%

Public transit0.0%

Walked2.2%

Bicycle0.0%

Worked from home3.8%

Other means0.5%

How workers get to work

	Count	Share
Drove alone	872	87.4%
Carpooled	61	6.1%
Public transit	0	0.0%
Walked	22	2.2%
Bicycle	0	0.0%
Worked from home	38	3.8%
Other means	5	0.5%

Travel time

	Count	Share
Under 15 min	542	56.5%
15 to 29 min	219	22.8%
30 to 44 min	138	14.4%
45 to 59 min	56	5.8%
60+ min	5	0.5%

Households

Average household size: 2.15
Poverty rate: 15.9% (318 of 2,004)

	Count	Share
Family households	572	61.5%
Nonfamily households	358	38.5%

Housing

Median year structure built: 1965

Occupancy

	Count	Share
Occupied	930	93.1%
Vacant	69	6.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	624	67.1%
Renter-occupied	306	32.9%

1-unit, detached81.3%

1-unit, attached0.3%

2 to 4 units7.0%

5 to 19 units9.0%

20 or more units1.4%

Mobile home & other1.0%

Units in structure

	Count	Share
1-unit, detached	812	81.3%
1-unit, attached	3	0.3%
2 to 4 units	70	7.0%
5 to 19 units	90	9.0%
20 or more units	14	1.4%
Mobile home & other	10	1.0%

Geography

Place GEOID: 1942555
Type (LSAD): 25
Land area: 2.71 sq mi
Water area: 0.03 sq mi
Center point: 43.4171, -93.5316