Download
Share
Contents
Save
The total population of Lake Mills is estimated to be 1,965 with 879 males (44.73%) and 1,086 females (55.27%). There are 207 more females than males in Lake Mills.
The median household income in Lake Mills was $67,881 in 2021, which marked an an increase of 7,955(13.27%) from $59,926 in 2020. This income is 90.99% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lake Mills sees its highest median household income among householders in the age group of 45 to 64 years old, at $78,186. Overall, the median household income for the city of Lake Mills stands at $67,881.
In Lake Mills, the median income for all workers aged 15 years and older, regardless of work hours, was $41,035 for males and $27,933 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,145 for males and $45,980 for females.
In Lake Mills, population is primarily represented by White households, reporting a median income of $69,719.
In 2022, the population of Lake Mills was 2,128, a 0.47% decrease year-by-year from 2021. Previously, in 2021, Lake Mills's population was 2,138, an increase of 0.05% compared to a population of 2,137 in 2020.
The median age in Lake Mills, IA is 41.2, as per 2021 ACS 5-Year Estimates. Of the total population, 15.66% were under the age of 15, 19.66% aged 15 to 29, 40.89% aged 30 to 64, 18.51% aged 65 to 84, and 5.28% were 85 years of age and older.
Racial distribution of Lake Mills population: 94.53% are White, 0.38% are Black or African American, 0.29% are Asian, 0.48% are some other race and 4.33% are multiracial.