Lake Mills

County:: Winnebago County
County Seat:: No
Area (mi²):: 2.714
State:: Iowa

Lake Mills is a city located in Winnebago County, Iowa. Lake Mills has a 2025 population of 2,099. Lake Mills is currently declining at a rate of -0.38% annually and its population has decreased by -1.82% since the most recent census, which recorded a population of 2,138 in 2020.

The average household income in Lake Mills is $74,500 with a poverty rate of 15.87%. The median age in Lake Mills is 43.8 years: 42 years for males, and 45 years for females.

Demographics

The racial composition of Lake Mills includes 90.21% White, and smaller percentages for other race, Asian, Black or African American, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Other race

Asian

Black or African American

Native American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	1,853	90.21%
Two or more races	184	8.96%
Other race	12	0.58%
Asian	5	0.24%
Black or African American	0	0%
Native American	0	0%
Native Hawaiian or Pacific Islander	0	0%

Lake Mills Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Lake Mills' average per capita income is $44,229. Household income levels show a median of $70,333. The poverty rate stands at 15.87%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$105,536	-
Families	$77,222	$86,675
Households	$70,333	$74,500
Non Families	$43,611	$49,185

$44,229

Average Income

$70,333

Median Household Income

15.87%

Poverty Rate