Lake Park, IA Profile: Facts & Data

Lake Park, Iowa - Basic Facts

The City of Lake Park had a population of 1,160 as of July 1, 2024.

The primary coordinate point for Lake Park is located at latitude 43.4555 and longitude -95.3208 in Dickinson County. The formal boundaries for the City of Lake Park encompass a land area of 1.55 sq. miles and a water area of 0.06 sq. miles. Dickinson County is in the Central time zone (GMT -6).

The City of Lake Park has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Lake Park is located within Township of Silver Lake, a minor civil division (MCD) of Dickinson County.

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Lake Park, IA Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,160 (100%)
Population in Households	1,130 (97.4%)
Population in Families	894 (77.1%)
Population in Group Quarters¹	30 ( 2.6%)
Population Density	735
Diversity Index²	11


INCOME
Median Household Income	$77,907
Average Household Income	$91,577
% of Income for Mortgage⁴	16%
Per Capita Income	$43,055
Wealth Index⁵	83
Socioeconomic Status Index⁶	Moderate (62.9)

HOUSING
Total HU (Housing Units)	669 (100%)
Owner Occupied HU	465 (69.5%)
Renter Occupied HU	80 (12.0%)
Vacant Housing Units	124 (18.5%)
Median Home Value	$197,917
Average Home Value	$236,613
Housing Affordability Index³	155

HOUSEHOLDS
Total Households	545
Average Household Size	2.07
Family Households	338
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

669 (100%)

Owner Occupied HU

465 (69.5%)

Renter Occupied HU

80 (12.0%)

Vacant Housing Units

124 (18.5%)

Median Home Value

$197,917

Average Home Value

$236,613

Housing Affordability Index³

155

HOUSEHOLDS

Total Households

545

Average Household Size

2.07

Family Households

338

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.14%	-0.26%
Households	1.29%	0.83%
Families		0.64%
Median Household Income		3.55%
Per Capita Income		4.31%
Owner Occupied HU		1.18%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.14%

-0.26%

Households

1.29%

0.83%

Families

0.64%

Median Household Income

3.55%

Per Capita Income

4.31%

Owner Occupied HU

1.18%

Lake Park, IA - Peer Comparisons by Rank and Percentile

The table below compares Lake Park to the other 1,026 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 251	76th
Population Density	# 426	59th
Median Household Income	# 431	58th
Housing Affordability Index	# 691	67th
Per Capita Income	# 399	61st
Diversity Index	# 762	26th

Variable Description

Rank

Percentile

Total Population

# 251

76th

Population Density

# 426

59th

Median Household Income

# 431

58th

Housing Affordability Index

# 691

67th

Per Capita Income

# 399

61st

Diversity Index

# 762

26th

Iowa Census Data Comparison Tool

Lake Park, IA Profile: Facts & Data

Lake Park, Iowa - Basic Facts

Lake Park, IA Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lake Park, IA - Peer Comparisons by Rank and Percentile

Lake Park, IA - Most Popular Things to Do

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Dickinson County