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

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Population

Population 2000 2010 2026 2031
Lake Mills 2,141 2,106 2,190 2,172

Source: ESRI, 2026-09-09

Population by Age

Population 2026
0-4 111
5-9 113
10-14 130
15-19 121
20-24 99
25-29 117
30-34 124
35-39 121
40-44 141
45-49 112
50-54 117
55-59 157
60-64 113
65-69 169
70-74 145
75-79 105
80-84 78
85+ 117
18+ 1,766
Median Age 46

Source: ESRI, 2026-09-09

Population by Race

Lake Mills 2026
Total 2,190.00
White Alone 90.09%
Black Alone 1%
American Indian Alone 0.14%
Asian Alone 0.37%
Pacific Islander Alone 0%
Some Other Race 4.38%
Two or More Races 4.02%
Hispanic Origin 8.45%
Diversity Index 31.10

Source: ESRI, 2026-09-09

Growth Rate

Lake Mills 2026 - 2031
Population -0.16%
Households -0.21%
Families -0.15%
Median Household Income 2%
Per Capita Income 2%

Source: ESRI, 2026-09-09

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Housing

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Households

Population 2000 2010 2026 2031
Households 958 946 950 940
Housing Units 1,011 1,057 1,036 1,019
Owner Occupied Units 628 633
Renter Occupied Units 322 307
Vacant Units 86 79

Source: ESRI, 2026-09-09

Home Value

Lake Mills 2026 2031
Median Home Value $159,821 $169,792
Average Home Value $194,518 $211,339
<$50,000 14 11
$50,000 - $99,999 140 121
$100,000 - $149,999 127 118
$150,000 - $199,999 128 119
$200,000 - $249,999 54 59
$250,000 - $299,999 85 108
$300,000 - $399,999 43 49
$400,000 - $499,999 16 22
$500,000 - $749,999 15 16
$1,000,000 + 1 0

Source: ESRI, 2026-09-09

Housing Year Built

Year Range Houses Built
2010 or Later 4
2000-2009 53
1990-1999 112
1980-1989 46
1970-1979 230
1960-1969 173
1950-1959 145
1940-1949 49
1939 or Before 288

Source: ESRI, 2026-09-09

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Income

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Income

Lake Mills 2026 2031
Median Household $73,241 $81,263
Average Household $83,991 $92,422
Per Capita $36,659 $40,231

Source: ESRI, 2026-09-09

Household Income

Lake Mills 2026
<$15,000 74
$15,000 - $24,999 69
$25,000 - $34,999 72
$35,000 - $49,999 93
$50,000 - $74,999 177
$75,000 - $99,999 149
$100,000 - $149,999 230
$150,000 - $199,999 65
$200,000+ 21

Source: ESRI, 2026-09-09

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Employees

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Commute

Category Commuters
Workers 16+ 1,080
In-County Residents 790
Out-of-County Residents 179
Drive Alone 937
Carpooled 80
Public Transport 0
Work at Home 47
Motorcycle 0
Bicycle 0
Walked 16
Other 0
Less than 5 minutes 298
5-9 minutes 215
10-14 minutes 111
15-19 minutes 39
20-24 minutes 95
25-29 minutes 83
30-34 minutes 73
35-39 minutes 24
40-44 minutes 42
45-59 minutes 48
60-89 minutes 0
90+ minutes 5
Average Travel Time 0

Source: ESRI, 2026-09-09

Source: ESRI, 2026-09-09

Employees by NAICS

Category Number
Total Employees 1,571
Agr/Forestry/Fish/Hunt 0
Mining 0
Utilities 4
Construction 218
Manufacturing 116
Wholesale Trade 5
   
Retail Trade 315
Motor Veh/Parts Dealers 18
Furn & Home Furnish Str 6
Electronics & Appl Store 2
Bldg Matl/Garden Equip 213
Food & Beverage Stores 53
Health/Pers Care Stores 4
Gasoline Stations 0
Clothing/Accessory Store 3
Sports/Hobby/Book/Music 7
General Merchandise Str 9
   
Transportation/Warehouse 51
Information 105
   
Finance & Insurance 54
Cntrl Bank/Crdt Intrmdtn 23
Sec/Cmdty Cntrct/Oth Inv 11
Insur/Funds/Trusts/Other 20
   
Real Estate/Rent/Leasing 10
Prof/Scientific/Tech Srv 10
Legal Services 2
Mgmt of Comp/Enterprises 4
Admin/Support/Waste Mgmt 68
Educational Services 200
HealthCare/Social Assist 160
Arts/Entertainment/Rec 46
   
Accommodation/Food Srvcs 98
Accommodation 1
Food Srv/Drinking Places 97
   
Other Srv excl Pub Admin 63
Auto Repair/Maintenance 7
Public Administration Emp 44

Source: ESRI, 2026-09-09

Educational Attainment (25+)

Lake Mills 2026
<9th Grade 17
Some High School 81
GED 103
Graduated High School 485
Some College/No Degree 332
Associates Degree 240
Bachelor's Degree 271
Graduate Degree 87

Source: ESRI, 2026-09-09

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Businesses

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Businesses by NAICS

Category Number
Total Businesses 164
Agr/Forestry/Fish/Hunt Bus 0
Mining Bus 0
Utilities Bus 1
Construction Bus 12
Manufacturing Bus 12
Wholesale Trade Bus 3
   
Retail Trade Bus 20
Motor Veh/Parts Dealers Bus 4
Furn & Home Furnish Str Bus 1
Electronics & Appl Store Bus 1
Bldg Matl/Garden Equip Bus 5
Food & Beverage Stores Bus 4
Health/Pers Care Stores Bus 1
Gasoline Stations Bus 0
Clothing/Accessory Store Bus 1
Sports/Hobby/Book/Music Bus 2
General Merchandise Str Bus 1
   
Transportation/Warehouse Bus 7
Information Bus 6
   
Finance & Insurance Bus 12
Cntrl Bank/Crdt Intrmdtn Bus 3
Sec/Cmdty Cntrct/Oth Inv Bus 3
Insur/Funds/Trusts/Other Bus 6
   
Real Estate/Rent/Leasing Bus 5
Prof/Scientific/Tech Srv Bus 6
Legal Services Bus 1
Mgmt of Comp/Enterprises Bus 1
Admin/Support/Waste Mgmt Bus 9
Educational Services Bus 4
HealthCare/Social Assist Bus 19
Arts/Entertainment/Rec Bus 5
   
Accommodation/Food Srvcs Bus 9
Accommodation Bus 1
Food Srv/Drinking Places Bus 8
   
Other Srv excl Pub Admin Bus 22
Auto Repair/Maintenance Bus 3
Public Administration Bus 5

Source: ESRI, 2026-09-09

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