Lake Mills

Lake Mills Main Photo

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

2,213

Population
Growth Rate

-0.18%

Median Age

46

Diversity Index

31.900

Source: ESRI, 2025-10-16

Housing & Income

Households

945

Total Housing Units

1,028


Owner Occupied

635

Renter Occupied

310

Vacant

83

Median Home Value

$153,365


Average Home Value

$185,209

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

1.27%

Income Projection

Median Household

$68,067 $73,232


Average Household

$80,792 $87,044


Per Capita

$34,546 $36,801

Source: ESRI, 2025-10-16

Workforce

Total Businesses

162

Total Employed

1,578

Workers 16+

998

2025 Retail Trade Businesses

cp-industries

Businesses

20

Employed

315

2025 Construction Businesses

cp-industries

Businesses

12

Employed

239

2025 Building Matl / Garden Equip

N

Businesses

5

Employed

213

2025 Educational Services - Businesses

cp-industries

Businesses

4

Employed

175

2025 HealthCare / Social Assistance

cp-industries

Businesses

18

Employed

153

2025 Manufacturing Businesses

cp-industries

Businesses

12

Employed

116

Some
High School

54

Graduated
High School

497

Associates
Degree

294

Bachelor's
Degree

244

Graduate
Degree

100

Average Commute Time

0 min.



Resident Commuters

716

Non-Resident Commuters

168

Drive Alone

872

Carpooled

61

Public

0

Work At Home

38

Source: ESRI, 2025-10-16