Welcome to the Townfolio for Lake , IA where you will find a full community profile.
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Demographics
View the Demographics tab for information such as Median Age, Median Household Income and more. Data is populated from census, state and municipal sources, along with third-party projections.
Total Population
1,759
Median Household Income
39,115
Total Visible Minorities
N/A
Median Age
50.5What is the Median Age of Lake , IA?
Lake , IA has a median age of 50 years old. Overall, the median age in Lake , IA is increasing at an average of 1.56% per year.
Median Household Income
In Lake , IA, the median household income is $39115 per year. Overall, it is growing at an average of 4.32% per year. In the last two census, its median household income grew by $2302.
Us Income Distribution
According to OECD, the gini coefficient measures how the distribution of income among households within an economy deviates from a perfectly equal distribution of incomes. Simply, it measures the extent of income inequality in an economy. Inequality on the Gini scale is measured between 0, where everyone's equal, and 1, where all the country's income is earned by one person. Lake , IA has a gini coefficient of 0.57 out of 1, while the 2015 national gini coefficient is 0.39.
Us Marital Status
Majority of the population are married, making up 20.54 per cent of the population. Having a predominantly married population is highy beneficial to Lake , IA as married couples usually bring in larger incomes, higher net worth and gains on average. They also help boost the community's liveliness and labour force, as they are most likely to bear children and create the best economic conditions for them. Furthermore, this group also spends more compared to most of their counterparts and contributes a huge portion towards tax revenues.
Us Sex By Age
Overall, women outnumber men by 99. people. The 25 to 29 years old age cohort exhibits the largest discrepancy with a difference of 21 people between the sexes. Furthermore, majority of the population is between the ages 55 to 59 years old, comprising 8.19 per cent of the population. Meanwhile, 59.75 per cent are part of its working-age population, or those between the ages 15 to 64 years old, while 15.63 per cent make up the younger population that will also be part of the labour force in two decades or less. At the present, 433 people are expected to retire in the coming years.
Labor Force
View the Labor Force tab for information such as Us Median Salary By Occupation and more. Data is populated from census, state and municipal sources, along with third-party projections.
Us Median Salary By Occupation
The highest paying occupations in Lake , IA are those in Sales and office occupations, where the median salary hovers around $37500.0. The U.S. Bureau of Census divides occupations into five broad categories: (1) Management, business, science, and arts occupations (2) Service occupations (3) Sales and office occupations (4) Natural resources, construction, and maintenance occupations (5) Production, transportation, and material moving occupations The highest paid occupations in management are those of Health diagnosing and treating practitioners and other technical occupations where median salary is at $62813.0. In the services industry, those in Other protective service occupations earn the most at $50962.0 per annum as a median salary.The highest paying occupations in sales are that of Sales and related occupations, where the annual median salary is $40357.0. Natural resources occupations’ top salaries go to those in Installation, maintenance, and repair occupations where median salaries are around $40833.0. Meanwhile, occupations related to production have those working in Material moving occupations paid the most with a median salary of $41250.0 per year.
Real Estate
View the Real Estate tab for information such as Median Gross Rent, Heating Sources and more. Data is populated from census, state and municipal sources, along with third-party projections.
Housing Occupied
88.42%
Housing Vacant
11.58%
No. of Families
464
No. of Non-Families
315Median Gross Rent
Lake , IA has an average rent of $496 per month. Overall, the average rent in Lake , IA is growing at an average of 5.02% per year. In the last two census, its average rent grew by $9.
Heating Sources
Most people in Lake , IA uses utility gas to heat up their homes. With 569 households using it, it is the leading heating source in Lake , IA. Moreover, 25.03% of households say they use electricity making it the second most popular choice. The third widely used heating source is bottled, tank, or LP gas, with 11 households saying they use it as their primary heating source.
Transportation
View the Transportation tab for information such as Car Ownership, Us Time Leaving For Work and more. Data is populated from census, state and municipal sources, along with third-party projections.
Most Used
Transportation
Busiest Time
On Roads
Residents Who
Work Locally
Vehicle Drivers
N/ACar Ownership
Most households in Lake , IA have three vehicles for transportation. 326 people responding in Lake , IA feel that having three vehicles is sufficient. Moreover, 30.48% of households say they use four vehicles. Moreover, 84 households have two vehicles
Us Time Leaving For Work
Majority of commuters in Lake , IA leave their homes from 6:30am to 7:00am, saying that it's enough time to get to work. The second most popular time to head to work, with 15.85% of respondents, is from 7:00am to 7:30am. However, 106 of commuters still prefer to leave from 7:30am to 8:00am.
Us Transportation Mode
Majority of commuters in Lake , IA are driving alone in a private car, truck, or van to go to work. Moreover, 12.47% of respondents say that they prefer carpooling in a private car, truck, or van. The third most popular means of transportation is walking with 30 commuters have preferring it. Meanwhile, there are 30 people who do not need to commute to get to work, as they work from home.
Education
View the Education tab for information such as Us Field Of Study and more. Data is populated from census, state and municipal sources, along with third-party projections.
Dominant Level
of Education
Most Popular
Field of Study
Most Popular
Educational Destination
Least Popular
Field of Study
Us Field Of Study
Most are in Education with 71 people practicing it in Lake , IA. Science & Engineering Related Fields is another popular field of expertise, as 15.79% of inhabitants are involved in it. The third group are those who are in Biological, Agricultural, & Environmental Sciences, with 41 people responding that it is their line of work. STEM (Science, Technology, Engineering, and Math) is expected to be a growing industry, however, Pew Research Center confirms that there is still a huge need for labour in these industries. Lake , IA has 124 people or 43.51% of workers in STEM industries.
Utilities
View the Utilities tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.