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The total population of Lake town is estimated to be 1,027 with 486 males (47.32%) and 541 females (52.68%). There are 55 more females than males in Lake town.
The median household income in Lake town was $59,942 in 2021, which marked an an increase of 2,255(3.91%) from $57,687 in 2020. This income is 80.34% 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 town sees its highest median household income among householders in the age group of 25 to 44 years old, at $81,339. Overall, the median household income for the town of Lake town stands at $59,942.
In Lake town, the median income for all workers aged 15 years and older, regardless of work hours, was $39,453 for males and $26,122 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,370 for males and $46,874 for females.
In Lake town, population is primarily represented by White households, reporting a median income of $60,433.
In 2022, the population of Lake town was 1,198, a 0.59% increase year-by-year from 2021. Previously, in 2021, Lake town's population was 1,191, an increase of 0.76% compared to a population of 1,182 in 2020.
The median age in Lake Town, Marinette County, Wisconsin is 56.5, as per 2021 ACS 5-Year Estimates. Of the total population, 11.90% were under the age of 15, 10.93% aged 15 to 29, 48.07% aged 30 to 64, 26.69% aged 65 to 84, and 2.42% were 85 years of age and older.
Racial distribution of Lake town population: 97.20% are White, 0.10% are American Indian and Alaska Native, 1.55% are Asian, 0.19% are some other race and 0.97% are multiracial.