"This section provides data and information related to summary for Lake , SC summary

Welcome to the Townfolio for Lake , SC 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

6,751

Median Household Income

30,992

Total Visible Minorities

N/A

Median Age

38.1

What is the Median Age of Lake , SC?

Lake , SC has a median age of 38 years old. Overall, the median age in Lake , SC is increasing at an average of 1.07% per year.

Median Household Income

In Lake , SC, the median household income is $30992 per year. Overall, it is growing at an average of 3.7% per year. In the last two census, its median household income grew by $1561.

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 , SC has a gini coefficient of 0.6 out of 1, while the 2015 national gini coefficient is 0.39.

Us Marital Status

Majority of the population are married, making up 18.03 per cent of the population. Having a predominantly married population is highy beneficial to Lake , SC 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 391. people. The 5 to 9 years old age cohort exhibits the largest discrepancy with a difference of 236 people between the sexes. Furthermore, majority of the population is between the ages 5 to 9 years old, comprising 10.22 per cent of the population. Meanwhile, 58.04 per cent are part of its working-age population, or those between the ages 15 to 64 years old, while 25.15 per cent make up the younger population that will also be part of the labour force in two decades or less. At the present, 1135 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 , SC are those in Management, business, science, and arts occupations, where the median salary hovers around $37464.0. 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 $72731.0. In the services industry, those in Building and grounds cleaning and maintenance occupations earn the most at $28969.0 per annum as a median salary.The highest paying occupations in sales are that of Office and administrative support occupations, where the annual median salary is $28750.0. Natural resources occupations’ top salaries go to those in Farming, fishing, and forestry occupations where median salaries are around $nan. Meanwhile, occupations related to production have those working in Transportation occupations paid the most with a median salary of $35450.0 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

84.41%

Housing Vacant

15.59%

No. of Families

1,767

No. of Non-Families

669

Median Gross Rent

Lake , SC has an average rent of $606 per month. Overall, the average rent in Lake , SC is growing at an average of 1.98% per year. In the last two census, its average rent grew by $1.

Heating Sources

Most people in Lake , SC uses electricity to heat up their homes. With 1646 households using it, it is the leading heating source in Lake , SC. Moreover, 24.88% of households say they use utility gas making it the second most popular choice. The third widely used heating source is bottled, tank, or LP gas, with 115 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

N/A

Busiest Time
On Roads

N/A

Residents Who
Work Locally

N/A

Vehicle Drivers

N/A

Car Ownership

Most households in Lake , SC have two vehicles for transportation. 808 people responding in Lake , SC feel that having two vehicles is sufficient. Moreover, 33.19% of households say they use three vehicles. Moreover, 367 households have four vehicles

Us Time Leaving For Work

Majority of commuters in Lake , SC leave their homes from 7:30am to 8:00am, saying that it's enough time to get to work. The second most popular time to head to work, with 17.83% of respondents, is from 7:00am to 7:30am. However, 334 of commuters still prefer to leave from 6:30am to 7:00am.

Us Transportation Mode

Majority of commuters in Lake , SC are driving alone in a private car, truck, or van to go to work. Moreover, 6.24% of respondents say that they prefer carpooling in a private car, truck, or van. The third most popular means of transportation is walking with 35 commuters have preferring it. Meanwhile, there are 72 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

N/A

Most Popular
Field of Study

N/A

Most Popular
Educational Destination

N/A

Least Popular
Field of Study

N/A

Us Field Of Study

Most are in Education with 233 people practicing it in Lake , SC. Business is another popular field of expertise, as 15.35% of inhabitants are involved in it. The third group are those who are in Communications, with 65 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 , SC has 212 people or 28.8% 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.