Lake Park, NC

Full City Profile · North Carolina · Mecklenburg County County

4.5 /5.0
A+ Excellent
3,365 Population 4,547/sq mi density
$76,366 Median Income $34,863 per capita
$296,400 Home Value $375,139 Zillow
$1,875 Median Rent 42.2% income on rent
61°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
4.5 / 5.0
$76,366 median income, 2.5% unemployment
A
Affordability
4.5 / 5.0
$296,400 home value, $1,875/mo rent
A
Education
4.4 / 5.0
42.5% bachelor's degree or higher

Lake Park, NC

At a Glance

Median Income
$76,366
2% above
$34,863 per capita
Home Value
$296,400
5% above
Zillow: $375,139
Median Rent
$1,875/mo
61% above
42.2% of income on rent
Bachelor's Degree+
42.5%
26% above
93.5% high school+
Unemployment
2.5%
31% below
2.1% poverty rate
Obesity Rate
32.6%
2% above
12.0% smoking rate
Avg Temperature
61°F

How Lake Park Compares to the U.S. Average

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

Income
102%
Home Value
105%
Rent
161%
Poverty
17%
Bachelor's
126%
Unemployment
69%
Thin vertical line = U.S. national average (100%)

Is Lake Park a Good Place to Live?

A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake Park residents earn a median household income of $76,366 , which is 2% above the national average of $75,149. Per capita income is $34,863. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 2.1% of residents live below the poverty line. The area is home to 53,030 business establishments, including 3,143 restaurants.

Housing & Cost of Living

The median home value in Lake Park is $296,400 , 5% above the national median of $281,900. Zillow estimates the typical home at $375,139. Median rent is $1,875/month, with 42.2% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 1997.

Education

42.5% of adults in Lake Park hold a bachelor's degree or higher (26% above the national average). 93.5% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Lake Park has an average annual temperature of 61°F (16°C). Winters average 42°F in January while summers reach 80°F in July. Annual precipitation totals 37.9 inches. Air quality is rated Moderate with a median AQI of 51.

Data Overview

People

Population3,365
Median Age41.6 yrs
Density4,547/mi²
Male / Female41% / 59%
Foreign Born15.5%
Veterans7.6%

Economy

A+
Median Income$76,366
Per Capita$34,863
Unemployment2.5%
Poverty2.1%
County GDP$186,114M
Avg Weekly Wage$1,694

Housing

A
Home Value$296,400
Rent$1,875
Ownership80.0%
Zillow$375,139
Housing Units1,319
Rent Burden42.2%

Health

Obesity32.6%
Diabetes8.6%
Smoking12.0%
Heart Disease4.8%
Premature Death6,929/100K

Climate

Avg Temp61°F
Rain37.9 in/yr
AQI51 (Moderate)
Elevation666 ft

Education

A
Bachelor's+42.5%
High School+93.5%
Graduate+13.0%
School Score5.9/10

Community

2024 VoteR 33% / D 66%
Commute27 min
Broadband97.2%
Internet Speed228 Mbps
EV Stations7
Libraries22

Did You Know?

The median home in Lake Park was built in 1997.
17.8% work from home.
The nearest airport is Charlotte/Douglas International (20 miles).
The Gini coefficient (income inequality) is 0.492 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
15.0% of the population has a disability.
15.5% of residents are foreign-born.
Average internet download speed is 228 Mbps.
There are 3,143 restaurants in the area.
The county recorded 102 fatal vehicle crashes.