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Lake Mills, IA

Full City Profile · Iowa · Winnebago County County

3.0 /5.0
B Good
2,054 Population 758/sq mi density
$70,333 Median Income $33,609 per capita
$127,100 Home Value $165,001 Zillow
$615 Median Rent 21.3% income on rent
45°F Avg Temperature 260 sunny days/yr
302 Violent Crime/100K 1,260 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$70,333 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$127,100 home value, $615/mo rent
F
Safety
1.0 / 5.0
302 violent crimes/100K
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher

Income Overview

Median Household Income
$70,333
6% below
US avg: $75,149
Per Capita Income
$33,609
14% below
US avg: $39,052
Unemployment Rate
1.9%
47% below
US avg: 3.6%
Poverty Rate
17.7%
43% above
US avg: 12.4%

Income Comparison: Lake Mills vs. U.S. Average

Each bar shows Lake Mills’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$70,333
94%
Per Capita
US: $39,052
$33,609
86%
IRS Avg AGI
US: $72,000
$70,658
98%
Avg Weekly Wage
US: $1,432
$904
63%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$904
37% below US avg ($1,432)
Mean Commute Time
16 min
43% below US avg (28 min)
Work From Home
3.8%
75% below US avg (15.2%)
Drive Alone
87.4%
19% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$690M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 87.4%
Public Transit 0%
Work From Home 3.8%
Other 8.8%
Average commute time
16 minutes
US avg: 28 min

Business Landscape

Total Establishments
393
Restaurants
21
Healthcare
31
Retail
49
Manufacturing
17

Tax & Financial

IRS Avg Adjusted Gross Income
$70,658
2% below US avg ($72,000)
Avg Property Tax
$3,053
13% below US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$70,333
Per Capita Income$33,609
IRS Avg Adjusted Gross Income$70,658
Avg Weekly Wage$904
County GDP$690M

Hardship Indicators

Unemployment Rate1.9%
Poverty Rate17.7%
Gini Coefficient0.439
Cost of Living Index87.8

Commute

Mean Commute16 minutes
Drive Alone87.4%
Public Transit0.0%
Work From Home3.8%

Businesses

Total Establishments393
Restaurants21
Healthcare31
Retail49
Manufacturing17

Tax

IRS Avg AGI$70,658
Avg Property Tax$3,053