Is Lake Country a Good Place to Live?
Based on current data, Lake Country receives an overall livability score of 2.7 out of 5.0, earning a grade of C+. Key strengths include above-average household incomes, abundant sunshine, a low poverty rate. Areas to be aware of include high housing costs, above-average unemployment. Lake Country has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Lake Country is $98,000, 30% above the national average of $75,149. Residents generally enjoy above-average earning potential. The unemployment rate of 7.5% is somewhat elevated compared to the national rate of 3.6%. 8.2% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 25 minutes.
Cost of Living & Housing
The median home value in Lake Country is $800,000, making it a premium housing market at 184% above the U.S. median of $281,900. Renters pay a median of $1,400 per month. With a home price-to-income ratio of 8.2x, housing affordability is a significant challenge for many families.
Education
14.4% of residents hold a bachelor's degree, below the national average of 33.7%. 30.6% have completed high school.
Climate & Weather
Lake Country experiences four distinct seasons with an average temperature of 51°F. Winters average 32°F in January while summers reach 74°F in July. With 272 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 13.3 inches, including 18.9 inches of snow.