Lake Park, NC

Census Place

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2024 Population
3,431
US Senator
Thom Tillis
Republican Party
US Senator
Ted Budd
Republican Party
2024 Median Age
43.6
4.81% 1-year increase
2024 Poverty Rate
8.02%
82.1% 1-year increase
2024 Median Household Income
$66,411
13% 1-year decline
2024 Median Property Value
$334,500
12.9% 1-year growth
2024 Employed Population
1,564
3.58% 1-year decline

About

None of the households in Lake Park, NC 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.

90.7% of the residents in Lake Park, NC are U.S. citizens.

In 2024, the median property value in Lake Park, NC was $334,500, and the homeownership rate was 78.1%.

Most people in Lake Park, NC drove alone to work, and the average commute time was 31.1 minutes. The average car ownership in Lake Park, NC was 2 cars per household.

United StatesNorth CarolinaUnion County, NCCharlotte-Concord-Gastonia, NC-SCUnion County (West)--Indian Trail & Stallings Towns PUMA, NC

Population & Diversity

Lake Park, NC is home to a population of 3.43k people, from which 90.7% are citizens. As of 2024, 17.4% of Lake Park, NC residents were born outside of the country (597 people).

In 2024, there were 6.12 times more White (Non-Hispanic) residents (2.56k people) in Lake Park, NC than any other race or ethnicity. There were 419 Other (Hispanic) and 155 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

90.7%
2024 Citizenship
91.4%
2023 Citizenship

As of 2024, 90.7% of Lake Park, NC residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Lake Park, NC was 91.4%, meaning that the rate of citizenship has been decreasing.

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

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake Park, NC
  1. White (Non-Hispanic)
    2.56k ± 226
  2. Other (Hispanic)
    419 ± 237
  3. Black or African American (Non-Hispanic)
    155 ± 99
15.5%
Hispanic Population
531 people

In 2024, there were 6.12 times more White (Non-Hispanic) residents (2.56k people) in Lake Park, NC than any other race or ethnicity. There were 419 Other (Hispanic) and 155 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

15.5% of the people in Lake Park, NC are hispanic (531 people).

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

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.
Most Common Origin
  1. Mexico
    224,963 ± 11,520 people
  2. India
    83,219 ± 7,055 people
  3. Honduras
    48,247 ± 5,380 people

In 2023, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 224,963 North Carolina residents, followed by India with 83,219 and Honduras with 48,247.

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Foreign-Born Population

17.4%
2024 Foreign-Born Population
597 people
15.5%
2023 Foreign-Born Population
521 people

As of 2024, 17.4% of Lake Park, NC residents (597 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, NC was 15.5%, meaning that the rate has been increasing.

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

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Military

Veterans

Most Common Service Period
  1. Vietnam
    63 ± 58
  2. Gulf War (2001-)
    32 ± 31
  3. Gulf War (1990s)
    22 ± 25

Lake Park, NC has a large population of military personnel who served in Vietnam, 1.97 times greater than any other conflict.

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

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Economy

The economy of Lake Park, NC employs 1.56k people. In 2024, the largest industries in Lake Park, NC were Retail Trade (179 people), Manufacturing (177 people), and Professional, Scientific, & Technical Services (175 people), and the highest paying industries were Utilities ($132,500), Transportation & Warehousing, & Utilities ($108,958), and Manufacturing ($65,169).

Employment

Occupations

1.56k
2024 Value
± 253
−3.58%
1 Year decline
± 22.6%

From 2023 to 2024, employment in Lake Park, NC declined at a rate of −3.58%, from 1.62k employees to 1.56k employees.

The most common job groups, by number of people living in Lake Park, NC, are Office & Administrative Support Occupations (312 people), Management Occupations (155 people), and Sales & Related Occupations (151 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Park, NC.

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Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in North Carolina (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.

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Industries

Employment by Industries

1.56k
2024 Value
± 253
−3.58%
1 Year decline
± 22.6%

From 2023 to 2024, employment in Lake Park, NC declined at a rate of −3.58%, from 1.62k employees to 1.56k employees.

The most common employment sectors for those who live in Lake Park, NC, are Retail Trade (179 people), Manufacturing (177 people), and Professional, Scientific, & Technical Services (175 people). This chart shows the share breakdown of the primary industries for residents of Lake Park, NC, though some of these residents may live in Lake Park, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$51,250
Median earning men ± $19,307
$33,378
Median earning women ± $4,439

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($119,063), Finance & Insurance, & Real Estate & Rental & Leasing ($111,042), and Manufacturing ($57,464).

The industries with the best median earnings for women in 2024 are Public Administration ($63,611), Educational Services, & Health Care & Social Assistance ($47,813), and Retail Trade ($40,921).

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Employment by Industry Sector

Data is only available at the state level. Showing data for North Carolina.
Y-Axis
3.04%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.86M people employed in North Carolina. This represents a 3.04% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

The following chart shows monthly employment numbers for each industry sector in North Carolina.

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Housing & Living

The median property value in Lake Park, NC was $334,500 in 2024, which is 1.01 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $296,400 to $334,500, a 12.9% increase. The homeownership rate in Lake Park, NC is 78.1%, which is higher than the national average of 65.2%.

People in Lake Park, NC have an average commute time of 31.1 minutes, and they drove alone to work. Car ownership in Lake Park, NC is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$334,500
Median Property Value 2024
±$16,001
$1,065
Median Property Taxes
±$187

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, NC the largest share of households pay taxes in the $2k - $3k range.

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

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Rent vs Own

78.1%
Homeownership
2024
66.3%
Homeowners with Mortgage
2024

In 2024, 78.1% of the housing units in Lake Park, NC were occupied by their owner. This percentage declined from the previous year's rate of 80%.

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

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$66,411
Median Household Income
± $7,469
1.36k
Number of Households
± 224

In 2024, the median household income of the 1.36k households in Lake Park, NC declined from $66,411 from the previous year's value of $76,366.

The following chart displays the households in Lake Park, NC 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 $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Lake Park, NC is from North Carolina.
0.467
2023 Wage GINI in North Carolina
0.47
2022 Wage GINI in North Carolina

In 2023, the income inequality in North Carolina was 0.467 according to the GINI calculation of the wage distribution. Income inequality had a 0.639% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.476. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

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

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (70.7%)
  2. Worked At Home (19.5%)
  3. Carpooled (8.22%)

In 2024, 70.7% of workers in Lake Park, NC drove alone to work, followed by those who worked at home (19.5%) and those who carpooled to work (8.22%).

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.

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Commute Time

31.1 minutes
Average Travel Time

Using averages, employees in Lake Park, NC have a longer commute time (31.1 minutes) than the normal US worker (26.4 minutes). Additionally, 2.9% of the workforce in Lake Park, NC have "super commutes" in excess of 90 minutes.

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

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Car Ownership

2 cars
Average Number

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

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Poverty

Poverty & Diversity

8.02% of the population for whom poverty status is determined in Lake Park, NC (267 out of 3.33k 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 Females 65 - 74, followed by Females 75+ and then Males 6 - 11.

The most common racial or ethnic group living below the poverty line in Lake Park, NC is White, followed by Black 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.

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Health

93.5% of the population of Lake Park, NC has health coverage, with 44.4% on employee plans, 9.01% on Medicaid, 20.9% on Medicare, 19.2% on non-group plans, and 0% on military or VA plans.

Primary care physicians in North Carolina see 1,413 patients per year on average, which represents a 0% change from the previous year (1,413 patients). Compare this to dentists who see 1634 patients per year, and mental health providers who see 299 patients per year.

By gender, of the total number of insured persons, 38.8% were men and 61.2% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 21.3% under 18 years, 15.3% between 18 and 34 years, 40.3% between 35 and 64 years, and 23.1% over 64 years.

By gender, of the total number of insured persons, 38.8% were men and 61.2% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

6.49%
Uninsured
44.4%
Employer Coverage
9.01%
Medicaid
20.9%
Medicare
19.2%
Non-Group
0%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Lake Park, NC grew by 15.9% from 5.6% to 6.49%.

The following chart shows how the percent of uninsured individuals in Lake Park, NC changed over time compared with the percent of individuals enrolled in various types of health insurance.

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