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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

Change Over Time (2013–2023)

Population Change
+3.6%
2,041 → 2,114
over 10 years
Annual Pop. Growth
+0.35%
Compound annual growth rate
Median Income Change
+92.5%
$36,544 → $70,333
nominal, not inflation-adjusted
Annual Income Growth
+6.77%
Compound annual growth rate

Population Over Time

Total population for Lake Mills across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
2,166
+52 from 2023 (2,114)
Projected Median Income 2030
$111,251
+$40,918 from 2023 ($70,333)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 2,041 $36,544
2015 2,052 +0.5% $42,760 +17%
2017 2,036 -0.8% $45,060 +5.4%
2019 2,004 -1.6% $48,542 +7.7%
2021 2,144 +7% $62,800 +29.4%
2023 2,114 -1.4% $70,333 +12%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.