Lake Park

Population: 3,365
Median household income: $76,366
Median home value: $296,400

Lake Park, a community in Union County, North Carolina, has 3,365 residents. At $76,366, its median household income sits below Union County's $99,243.

From 2019 to 2023, Lake Park's population declined 11.4% from 3,798 to 3,365, while its median home value rose 50.2% from $197,400 to $296,400.

42.5% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 80.0% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 3,365
Median age: 41.6 yrs
Median household income: $76,366
Median home value: $296,400
Median gross rent: $1,875
Housing units: 1,283
Homeownership rate: 80.0%
Bachelor's degree or higher: 42.5%
Unemployment rate: 2.5%

Trends

ACS 5-year · 2019–2023

Population

3,7983,365

Median household income

$76,267$76,366

Median home value

$197,400$296,400

Median gross rent

$1,656$1,875

Year	Population	Median household income	Median home value	Median gross rent
2019	3,798	$76,267	$197,400	$1,656
2020	3,851	$70,296	$203,400	$1,674
2021	3,317	$68,733	$225,800	$1,703
2022	3,342	$73,972	$268,000	$1,746
2023	3,365	$76,366	$296,400	$1,875

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

Age distribution

Under 56.4%

5 to 1716.3%

18 to 245.0%

25 to 3410.1%

35 to 4417.4%

45 to 5410.8%

55 to 6411.6%

65 to 7413.0%

75 and over9.5%

	Count	Share
Under 5	214	6.4%
5 to 17	550	16.3%
18 to 24	168	5.0%
25 to 34	340	10.1%
35 to 44	584	17.4%
45 to 54	362	10.8%
55 to 64	389	11.6%
65 to 74	437	13.0%
75 and over	321	9.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,738	81.4%
Black or African American	53	1.6%
American Indian & Alaska Native	0	0.0%
Asian	32	1.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	123	3.7%
Hispanic or Latino (any race)	419	12.5%

Educational attainment (age 25+)

No high school diploma6.5%

High school graduate16.4%

Some college or associate's34.6%

Bachelor's degree28.9%

Graduate or professional degree13.6%

	Count	Share
No high school diploma	159	6.5%
High school graduate	399	16.4%
Some college or associate's	842	34.6%
Bachelor's degree	702	28.9%
Graduate or professional degree	331	13.6%

Commute to work

Mean travel time to work: 27 min

Drove alone75.5%

Carpooled6.3%

Public transit0.0%

Walked0.3%

Bicycle0.0%

Worked from home17.8%

Other means0.1%

How workers get to work

	Count	Share
Drove alone	1,207	75.5%
Carpooled	101	6.3%
Public transit	0	0.0%
Walked	5	0.3%
Bicycle	0	0.0%
Worked from home	284	17.8%
Other means	2	0.1%

Travel time

	Count	Share
Under 15 min	267	20.3%
15 to 29 min	285	21.7%
30 to 44 min	570	43.3%
45 to 59 min	114	8.7%
60+ min	79	6.0%

Households

Average household size: 2.59
Poverty rate: 4.4% (144 of 3,270)

	Count	Share
Family households	902	71.4%
Nonfamily households	362	28.6%

Housing

Median year structure built: 1997

Occupancy

	Count	Share
Occupied	1,264	98.5%
Vacant	19	1.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,011	80.0%
Renter-occupied	253	20.0%

1-unit, detached72.6%

1-unit, attached18.6%

2 to 4 units2.3%

5 to 19 units6.5%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	932	72.6%
1-unit, attached	239	18.6%
2 to 4 units	29	2.3%
5 to 19 units	83	6.5%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3736512
Type (LSAD): 47
Land area: 0.73 sq mi
Water area: 0.03 sq mi
Center point: 35.0845, -80.6344