Median Household Income
$61,875 ± $12,605
Median Home Value
$122,600 ± $15,126
Median Gross Rent
$624 ± $96/mo
Per Capita Income
$35,450
Poverty Rate
15.3%
Unemployment Rate
1.6%
Homeownership Rate
62.8%
Bachelor's Degree or Higher
18.0%
Median Age
46.2
Average Commute
14 min
Households
993
Veterans
91
Population Over Time
Lake Mills grew 11.2% from 2014 to 2024.
2014
1,878
2016
2,027
2018
2,082
2020
2,108
2022
1,965
2024
2,088
Population by Race & Ethnicity
White
88.3%
Hispanic or Latino
9.5%
Black or African American
0.0%
Asian
0.1%
Nearby Cities in Iowa
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.