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The total population of Laketown is estimated to be 320 with 182 males (56.88%) and 138 females (43.13%). There are 44 less females than males in Laketown.
The median household income in Laketown was $86,473 in 2021, which marked an a decrease of 941(1.08%) from $87,414 in 2020. This income is 115.91% 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, Laketown sees its highest median household income among householders in the age group of 45 to 64 years old, at $96,945. Overall, the median household income for the town of Laketown stands at $86,473.
In Laketown, while the Census reported a median income of $17,396 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,694 for males and $40,264 for females.
In Laketown, population is primarily represented by White households, reporting a median income of $86,698.
In 2022, the population of Laketown was 314, a 1.62% increase year-by-year from 2021. Previously, in 2021, Laketown's population was 309, an increase of 3.00% compared to a population of 300 in 2020.
The median age in Laketown, UT is 33.8, as per 2021 ACS 5-Year Estimates. Of the total population, 24.17% were under the age of 15, 17.77% aged 15 to 29, 42.42% aged 30 to 64, 15.17% aged 65 to 84, and 0.47% were 85 years of age and older.
Racial distribution of Laketown population: 89.34% are White, 0.24% are Asian and 10.43% are multiracial.