Lake Park, IA

Census Place

2024 Population

1,184

US Senator

Chuck Grassley

Republican Party

US Senator

Joni Ernst

Republican Party

2024 Median Age

39.6

1.25% 1-year decrease

2024 Poverty Rate

4.61%

2.29% 1-year decrease

2024 Median Household Income

$74,500

0.707% 1-year growth

2024 Median Property Value

$168,800

Population & Diversity

Lake Park, IA is home to a population of 1.18k people, from which 99.5% are citizens.

As of 2024, 1.52% of Lake Park, IA residents were born outside of the country (18 people).

In 2024, there were 27.2 times more White (Non-Hispanic) residents (1.09k people) in Lake Park, IA than any other race or ethnicity. There were 40 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 22 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.5%

2024 Citizenship

98.9%

2023 Citizenship

As of 2024, 99.5% of Lake Park, IA residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Lake Park, IA was 98.9%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Lake Park, IA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake Park, IA

White (Non-Hispanic)
1.09k ± 184
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
40 ± 44
White (Hispanic)
22 ± 28

3.72%

Hispanic Population

44 people

3.72% of the people in Lake Park, IA are hispanic (44 people).

The following chart shows the 8 races represented in Lake Park, IA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Iowa.

Most Common Origin

Mexico
44,333 ± 5,134 people
India
11,889 ± 2,672 people
Guatemala
8,189 ± 2,219 people

In 2024, the most common birthplace for the foreign-born residents of Iowa was Mexico, the natal country of 44,333 Iowa residents, followed by India with 11,889 and Guatemala with 8,189.

Foreign-Born Population

1.52%

2024 Foreign-Born Population

18 people

1.93%

2023 Foreign-Born Population

23 people

As of 2024, 1.52% of Lake Park, IA residents (18 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Lake Park, IA was 1.93%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Lake Park, IA compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
25 ± 23
Vietnam
11 ± 16
Gulf War (1990s)
2 ± 11

Lake Park, IA has a large population of military personnel who served in Gulf War (2001-), 2.27 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Lake Park, IA.

Economy

The economy of Lake Park, IA employs 629 people. In 2024, the largest industries in Lake Park, IA were Manufacturing (160 people), Health Care & Social Assistance (91 people), and Educational Services (58 people), and the highest paying industries were Utilities ($95,096), Agriculture, Forestry, Fishing & Hunting, & Mining ($93,281), and Agriculture, Forestry, Fishing & Hunting ($93,281).

Employment

Occupations

629

2024 Value

± 117

0.319%

1 Year growth

± 26.2%

From 2023 to 2024, employment in Lake Park, IA grew at a rate of 0.319%, from 627 employees to 629 employees.

The most common job groups, by number of people living in Lake Park, IA, are Office & Administrative Support Occupations (86 people), Production Occupations (82 people), and Management Occupations (59 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Park, IA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Iowa.

This chart shows weekly unemployment insurance claims in Iowa (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

629

2024 Value

± 117

0.319%

1 Year growth

± 26.2%

From 2023 to 2024, employment in Lake Park, IA grew at a rate of 0.319%, from 627 employees to 629 employees.

The most common employment sectors for those who live in Lake Park, IA, are Manufacturing (160 people), Health Care & Social Assistance (91 people), and Educational Services (58 people). This chart shows the share breakdown of the primary industries for residents of Lake Park, IA, though some of these residents may live in Lake Park, IA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$61,250

Median earning men ± $9,074

$37,917

Median earning women ± $6,123

The industries with the best median earnings for men in 2024 are Agriculture, Forestry, Fishing & Hunting, & Mining ($93,281), Transportation & Warehousing, & Utilities ($93,125), and Wholesale Trade ($66,518).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($61,250), Manufacturing ($49,250), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($43,750).

Housing & Living

The median property value in Lake Park, IA was $168,800 in 2024, which is 0.507 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $153,500 to $168,800, a 9.97% increase. The homeownership rate in Lake Park, IA is 91.1%, which is higher than the national average of 65.2%.

People in Lake Park, IA have an average commute time of 21.4 minutes, and they drove alone to work. Car ownership in Lake Park, IA is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$168,800

Median Property Value 2024

±$29,500

$468

Median Property Taxes

±$87

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lake Park, IA the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Lake Park, IA compared to it's parent and neighbor geographies.

Rent vs Own

91.1%

Homeownership

2024

62.9%

Homeowners with Mortgage

2024

In 2024, 91.1% of the housing units in Lake Park, IA were occupied by their owner. This percentage grew from the previous year's rate of 88.1%.

This chart shows the percentage of owner in Lake Park, IA compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$74,500

Median Household Income

± $19,956

514

Number of Households

± 89

In 2024, the median household income of the 514 households in Lake Park, IA grew to $74,500 from the previous year's value of $73,977.

The following chart displays the households in Lake Park, IA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $100k - $125k range.

Wage Distribution

The closest comparable wage GINI for Lake Park, IA is from Iowa.

0.435

2024 Wage GINI in Iowa

0.441

2023 Wage GINI in Iowa

In 2024, the income inequality in Iowa was 0.435 according to the GINI calculation of the wage distribution. Income inequality had a 1.29% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Iowa was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Iowa in comparison to the national average.

This chart shows the number of workers in Iowa across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (85.9%)
Worked At Home (8.17%)
Carpooled (4.49%)

In 2024, 85.9% of workers in Lake Park, IA drove alone to work, followed by those who worked at home (8.17%) and those who carpooled to work (4.49%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

21.4 minutes

Average Travel Time

Using averages, employees in Lake Park, IA have a shorter commute time (21.4 minutes) than the normal US worker (26.4 minutes). Additionally, 0.349% of the workforce in Lake Park, IA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lake Park, IA compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Lake Park, IA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake Park, IA have 2 cars.

Poverty

Poverty & Diversity

4.61% of the population for whom poverty status is determined in Lake Park, IA (53 out of 1.15k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 65 - 74, followed by Females 65 - 74 and then Males 6 - 11.

The most common racial or ethnic group living below the poverty line in Lake Park, IA is White, followed by Hispanic and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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