Lake Park, NC

Census Place

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2023 Population

3,365

0.688% 1-year growth

US Senator

Thom Tillis

Republican Party

US Senator

Ted Budd

Republican Party

2023 Median Age

41.6

4% 1-year increase

2023 Poverty Rate

4.4%

10.9% 1-year increase

2023 Median Household Income

$76,366

3.24% 1-year growth

2023 Median Property Value

$296,400

10.6% 1-year growth

2023 Employed Population

1,622

7.42% 1-year decline

About

In 2023, Lake Park, NC had a population of 3.37k people with a median age of 41.6 and a median household income of $76,366. Between 2022 and 2023 the population of Lake Park, NC grew from 3,342 to 3,365, a 0.688% increase and its median household income grew from $73,972 to $76,366, a 3.24% increase.

The 5 largest ethnic groups in Lake Park, NC are White (Non-Hispanic) (81.4%), Other (Hispanic) (7.79%), Two+ (Non-Hispanic) (3.66%), White (Hispanic) (2.82%), and Two+ (Hispanic) (1.84%).

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.

91.4% of the residents in Lake Park, NC are U.S. citizens.

In 2023, the median property value in Lake Park, NC was $296,400, and the homeownership rate was 80%.

Most people in Lake Park, NC drove alone to work, and the average commute time was 27.1 minutes. The average car ownership in Lake Park, NC was 2 cars per household.

United States North Carolina Union County, NC Charlotte-Concord-Gastonia, NC-SC Union County (West)--Indian Trail & Stallings Towns PUMA, NC

Population & Diversity

Lake Park, NC is home to a population of 3.37k people, from which 91.4% are citizens. As of 2023, 15.5% of Lake Park, NC residents were born outside of the country (521 people).

In 2023, there were 10.5 times more White (Non-Hispanic) residents (2.74k people) in Lake Park, NC than any other race or ethnicity. There were 262 Other (Hispanic) and 123 Two+ (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

91.4%

2023 Citizenship

94.7%

2022 Citizenship

As of 2023, 91.4% of Lake Park, NC residents were US citizens, which is lower than the national average of 93.4%. In 2022, the percentage of US citizens in Lake Park, NC was 94.7%, 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.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake Park, NC

White (Non-Hispanic)
2.74k ± 232
Other (Hispanic)
262 ± 219
Two+ (Non-Hispanic)
123 ± 72.8

12.5%

Hispanic Population

419 people

12.5% of the people in Lake Park, NC are hispanic (419 people).

The following chart shows the 7 races represented in Lake Park, NC 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 North Carolina.

Most Common Origin

Mexico
214,508 ± 11,254 people
India
79,868 ± 6,912 people
Honduras
39,759 ± 4,886 people

In 2022, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 214,508 North Carolina residents, followed by India with 79,868 and Honduras with 39,759.

Foreign-Born Population

15.5%

2023 Foreign-Born Population

521 people

11%

2022 Foreign-Born Population

367 people

As of 2023, 15.5% of Lake Park, NC residents (521 people) were born outside of the United States, which is higher than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Lake Park, NC was 11%, 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.

Military

Veterans

Most Common Service Period

Vietnam
70 ± 46
Gulf War (2001-)
47 ± 38
Gulf War (1990s)
23 ± 25

Lake Park, NC has a large population of military personnel who served in Vietnam, 1.49 times greater than any other conflict.

Economy

The economy of Lake Park, NC employs 1.62k people. The largest industries in Lake Park, NC are Finance & Insurance (193 people), Retail Trade (183 people), and Manufacturing (157 people), and the highest paying industries are Utilities ($117,222), Transportation & Warehousing, & Utilities ($112,500), and Manufacturing ($63,179).

Males in North Carolina have an average income that is 1.31 times higher than the average income of females, which is $57,464. The income inequality in North Carolina (measured using the Gini index) is 0.47, which is lower than than the national average.

Employment

Occupations

1.62k

2023 Value

± 238

−7.42%

1 Year decline

± 21.2%

From 2022 to 2023, employment in Lake Park, NC declined at a rate of −7.42%, from 1.75k employees to 1.62k employees.

The most common job groups, by number of people living in Lake Park, NC, are Office & Administrative Support Occupations (282 people), Sales & Related Occupations (204 people), and Management Occupations (167 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Park, NC.

Unemployment Insurance Claims

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

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

1.62k

2023 Value

± 238

−7.42%

1 Year decline

± 21.2%

From 2022 to 2023, employment in Lake Park, NC declined at a rate of −7.42%, from 1.75k employees to 1.62k employees.

The most common employment sectors for those who live in Lake Park, NC, are Finance & Insurance (193 people), Retail Trade (183 people), and Manufacturing (157 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.

Median Earnings by Industry

N/A

Median earning men ± N/A

N/A

Median earning women ± N/A

The industries with the best median earnings for men in 2023 are Transportation & Warehousing, & Utilities ($116,528), Finance & Insurance, & Real Estate & Rental & Leasing ($78,214), and Manufacturing ($63,036).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($48,750), Wholesale Trade ($40,500), and Finance & Insurance, & Real Estate & Rental & Leasing ($37,219).

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.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for N/A.

Measure

In 2022, NaNM% of men over 25 years of age had not completed any academic degree (no schooling), while NaNM% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for N/A.

Race

The most common educational levels obtained by the working population in 2022 were N/A.

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Lake Park, NC was $296,400 in 2023, which is 0.977 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $268,000 to $296,400, a 10.6% increase. The homeownership rate in Lake Park, NC is 80%, which is approximately the same as the national average of 65%.

People in Lake Park, NC have an average commute time of 27.1 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

$296,400

Median Property Value 2023

±$13,136

$1,011

Median Property Taxes

±$158

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 $800 - $1,499 range.

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

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Lake Park, NC colored by their Median Household Income (Total).

Household Income

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

$76,366

Median Household Income

± $4,015

1.26k

Number of Households

± 185

In 2023, the median household income of the 1.26k households in Lake Park, NC grew to $76,366 from the previous year's value of $73,972.

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.

Wage Distribution

The closest comparable wage GINI for Lake Park, NC is from North Carolina.

0.47

2022 Wage GINI in North Carolina

0.47

2021 Wage GINI in North Carolina

In 2022, the income inequality in North Carolina was 0.47 according to the GINI calculation of the wage distribution. Income inequality had a 0.0732% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.478. 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.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (75.5%)
Worked At Home (17.8%)
Carpooled (6.32%)

In 2023, 75.5% of workers in Lake Park, NC drove alone to work, followed by those who worked at home (17.8%) and those who carpooled to work (6.32%).

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

27.1 minutes

Average Travel Time

Using averages, employees in Lake Park, NC have a longer commute time (27.1 minutes) than the normal US worker (26.6 minutes). Additionally, 0.456% 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.

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.

Poverty

Poverty & Diversity

4.4% of the population for whom poverty status is determined in Lake Park, NC (144 out of 3.27k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 75+, followed by Males < 5 and then Females < 5.

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

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

Health

94.4% of the population of Lake Park, NC has health coverage, with 51% on employee plans, 8.81% on Medicaid, 18.7% on Medicare, 15.9% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Union County, NC see 1500 patients per year on average, which represents a 4.46% increase from the previous year (1436 patients). Compare this to dentists who see 3206 patients per year, and mental health providers who see 734 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Union County, NC.

1,500 to 1

Patient to Primary Care Physician Ratio in Union County, NC

Primary care physicians in Union County, NC see an average of 1,500 patients per year. This represents a 4.46% increase from the previous year (1,436 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Union County, NC in comparison to its neighboring geographies.

Health Care Diversity

In N/A, insured persons according to age ranges were distributed in .

By gender, of the total number of insured persons, N/A were men and N/A were women.

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

Uninsured People

5.6%

Uninsured

51%

Employer Coverage

8.81%

Medicaid

18.7%

Medicare

15.9%

Non-Group

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Lake Park, NC declined by 30.4% from 8.04% to 5.6%.

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.

Keep Exploring

North Carolina

State

Charlotte-Concord-Gastonia, NC-SC