Lake Mills is a city located in Winnebago County and Worth County Iowa. Lake Mills has a 2024 population of 2,119. Lake Mills is currently declining at a rate of -0.19% annually and its population has decreased by -0.84% since the most recent census, which recorded a population of 2,137 in 2020.
The average household income in Lake Mills is $71,572 with a poverty rate of 12.8%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Lake Mills is 47 years, 43.3 years for males, and 52.5 years for females.
According to the most recent ACS, the racial composition of Lake Mills was:
White
Two or more races
Other race
Asian
Black or African American
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 882 | 2.17 | 65.5 | 34.5 |
| Married | 390 | 2.78 | 75.9 | 24.1 |
| Non Family | 341 | 1.16 | 63 | 37 |
| Female | 140 | 2.85 | 42.9 | 57.1 |
| Male | 11 | 2.91 | 63.6 | 36.4 |
2.73
Average Family Size
2.17
Average Household Size
65.5%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among asian people with a rate of 100%.
The highest rate of bachelors degrees is among hispanic people with a rate of 21.82%.
All
Male
Female
$42,181
Average Earnings
$49,306
Average Male
$38,864
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
92.26% of Lake Mills residents speak only English, while 7.74% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 7.32% of the population.
rate
12.8%
Overall Poverty Rate
10.81%
Male Poverty Rate
14.39%
Female Poverty Rate
The race most likely to be in poverty in Lake Mills is Multiple, with 63.48% below the poverty level.
The race least likely to be in poverty in Lake Mills is White, with 10.2% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 1.35%. Among those working part-time, it was 14.38%, and for those that did not work, the poverty rate was 18.5%.
Married
Widowed
Divorced
Separated
NeverMarried
45.8%
Overall Marriage Rate
49.7%
Male Marriage Rate
42.7%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 35-44.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
23.81%
Veteran Disability Rate
LaborForceParticipation
63%
Labor Force Participation
61.2%
Employment Rate
2.8%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
49.67%
Born in Lake Mills
99.19%
Native Born
0.81%
Foreign Born
0.25%
Non Citizen
0.56%
Naturalized
99.19% of Lake Mills residents were born in the United States, with 49.67% having been born in Iowa. 0.25% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 2,096 | -5 | -0.24% |
| 2028 | 2,101 | -4 | -0.19% |
| 2027 | 2,105 | -5 | -0.24% |
| 2026 | 2,110 | -4 | -0.19% |
| 2025 | 2,114 | -5 | -0.24% |
| 2024 | 2,119 | -4 | -0.19% |
| 2023 | 2,123 | -5 | -0.23% |
| 2022 | 2,128 | -10 | -0.47% |
| 2021 | 2,138 | 1 | 0.05% |
| 2020 | 2,137 | 133 | 6.64% |
| 2019 | 2,004 | -33 | -1.62% |
| 2018 | 2,037 | 1 | 0.05% |
| 2017 | 2,036 | -4 | -0.2% |
| 2016 | 2,040 | -12 | -0.58% |
| 2015 | 2,052 | -2 | -0.1% |
| 2014 | 2,054 | 13 | 0.64% |
| 2013 | 2,041 | -26 | -1.26% |
| 2012 | 2,067 | -21 | -1.01% |
| 2011 | 2,088 | -18 | -0.85% |
| 2010 | 2,106 | 0 | 0% |