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The total population of Lakin is estimated to be 2,066 with 1,060 males (51.31%) and 1,006 females (48.69%). There are 54 less females than males in Lakin.
The median household income in Lakin was $51,964 in 2021, which marked an an increase of 2,921(5.96%) from $49,043 in 2020. This income is 69.65% 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, Lakin sees its highest median household income among householders in the age group of under 25 years old, at $109,893. Overall, the median household income for the city of Lakin stands at $51,964.
In Lakin, the median income for all workers aged 15 years and older, regardless of work hours, was $34,508 for males and $31,370 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,896 for males and $40,197 for females.
In Lakin, population is primarily represented by White households, reporting a median income of $51,163.
In 2022, the population of Lakin was 2,141, a 0.97% decrease year-by-year from 2021. Previously, in 2021, Lakin's population was 2,162, a decline of 1.68% compared to a population of 2,199 in 2020.
The median age in Lakin, KS is 35.5, as per 2021 ACS 5-Year Estimates. Of the total population, 23.40% were under the age of 15, 18.58% aged 15 to 29, 41.17% aged 30 to 64, 14.25% aged 65 to 84, and 2.60% were 85 years of age and older.
Racial distribution of Lakin population: 87.92% are White, 5.42% are Black or African American, 5.04% are some other race and 1.63% are multiracial.