Lake Mills

Lake Mills

Lake Mills, Iowa, offers a low cost of living along with high quality services and resources. This is an excellent place to plant your roots!  The Lake Mills community schools are committed to promoting and maintaining an atmosphere of teaching and learning that encourage students to pursue personal excellence and to prepare for the challenge of tomorrow.

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Population

Total Population

2,190

Population
Growth Rate

-0.16%

Median Age

46

Diversity Index

31.100

Source: ESRI, 2026-09-09

Housing & Income

Households

950

Total Housing Units

1,036


Owner Occupied

628

Renter Occupied

322

Vacant

86

Median Home Value

$159,821


Average Home Value

$194,518

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

1.88%

Income Projection

Median Household

$73,241 $81,263


Average Household

$83,991 $92,422


Per Capita

$36,659 $40,231

Source: ESRI, 2026-09-09

Workforce

Total Businesses

164

Total Employed

1,571

Workers 16+

1,080

2026 Retail Trade Businesses

cp-industries

Businesses

20

Employed

315

2026 Construction Businesses

cp-industries

Businesses

12

Employed

218

2026 Building Matl / Garden Equip

N

Businesses

5

Employed

213

2026 Educational Services - Businesses

cp-industries

Businesses

4

Employed

200

2026 HealthCare / Social Assistance

cp-industries

Businesses

19

Employed

160

2026 Manufacturing Businesses

cp-industries

Businesses

12

Employed

116

Some
High School

81

Graduated
High School

485

Associates
Degree

240

Bachelor's
Degree

271

Graduate
Degree

87

Average Commute Time

0 min.



Resident Commuters

790

Non-Resident Commuters

179

Drive Alone

937

Carpooled

80

Public

0

Work At Home

47

Source: ESRI, 2026-09-09