In 2022, Lake Mills, IA had a population of 1.97k people with a median age of 47 and a median household income of $63,750. Between 2021 and 2022 the population of Lake Mills, IA declined from 2,101 to 1,965, a −6.47% decrease and its median household income grew from $62,800 to $63,750, a 1.51% increase.
The 5 largest ethnic groups in Lake Mills, IA are White (Non-Hispanic) (88.4%), Two+ (Hispanic) (5.29%), White (Hispanic) (5.14%), Two+ (Non-Hispanic) (0.56%), and Other (Hispanic) (0.458%).
None of the households in Lake Mills, IA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
99.7% of the residents in Lake Mills, IA are U.S. citizens.
In 2022, the median property value in Lake Mills, IA was $123,800, and the homeownership rate was 65.5%.
Most people in Lake Mills, IA drove alone to work, and the average commute time was 15.3 minutes. The average car ownership in Lake Mills, IA was 2 cars per household.