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Lake Mills, IA
Full City Profile · Iowa · Winnebago County County
Lake Mills, IA
At a Glance
How Lake Mills Compares to the U.S. Average
Each bar shows Lake Mills's value as a percentage of the national average (100% = U.S. avg)
Is Lake Mills a Good Place to Live?
Economy & Jobs
Lake Mills residents earn a median household income of $70,333 , which is 6% below the national average of $75,149. Per capita income is $33,609. The unemployment rate stands at 1.9% (47% below the U.S. rate of 3.6%). 17.7% of residents live below the poverty line. The area is home to 393 business establishments, including 21 restaurants.
Housing & Cost of Living
The median home value in Lake Mills is $127,100 , 55% below the national median of $281,900. Zillow estimates the typical home at $165,001. Median rent is $615/month, with 21.3% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1963.
Safety & Crime
Lake Mills reports 302 violent crimes per 100,000 residents , which is 20% below the national average of 380/100K. Property crime is 1,260/100K.
Education
17.3% of adults in Lake Mills hold a bachelor's degree or higher (49% below the national average). 94.9% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Lake Mills has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 71°F in July. The area gets 260 sunny days per year. Annual precipitation totals 35.9 inches. Air quality is rated Good with a median AQI of 43.