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Lake Park, NC

Full City Profile · North Carolina · Mecklenburg County County

3.6 /5.0
B+ Good
3,365 Population 4,547/sq mi density
$76,366 Median Income $34,863 per capita
$296,400 Home Value $371,382 Zillow
$1,875 Median Rent 42.2% income on rent
61°F Avg Temperature 320 sunny days/yr
121 Violent Crime/100K 1,253 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$76,366 median income, 1.6% unemployment
A
Affordability
4.5 / 5.0
$296,400 home value, $1,875/mo rent
F
Safety
1.0 / 5.0
121 violent crimes/100K
A
Education
4.4 / 5.0
42.5% bachelor's degree or higher

Income Overview

Median Household Income
$76,366
2% above
US avg: $75,149
Per Capita Income
$34,863
11% below
US avg: $39,052
Unemployment Rate
1.6%
56% below
US avg: 3.6%
Poverty Rate
2.1%
83% below
US avg: 12.4%

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

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

Median Household
US: $75,149
$76,366
102%
Per Capita
US: $39,052
$34,863
89%
IRS Avg AGI
US: $72,000
$110,535
154%
Avg Weekly Wage
US: $1,432
$1,694
118%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,694
18% above US avg ($1,432)
Mean Commute Time
27 min
2% below US avg (28 min)
Work From Home
17.8%
17% above US avg (15.2%)
Drive Alone
75.5%
3% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$186,114M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 75.5%
Public Transit 0%
Work From Home 17.8%
Other 6.7%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
53,030
Restaurants
3,143
Healthcare
3,692
Retail
3,614
Manufacturing
774

Tax & Financial

IRS Avg Adjusted Gross Income
$110,535
54% above US avg ($72,000)
Avg Property Tax
$5,763
65% above US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$76,366
Per Capita Income$34,863
IRS Avg Adjusted Gross Income$110,535
Avg Weekly Wage$1,694
County GDP$186,114M

Hardship Indicators

Unemployment Rate1.6%
Poverty Rate2.1%
Gini Coefficient0.492
Cost of Living Index94.3

Commute

Mean Commute27 minutes
Drive Alone75.5%
Public Transit0.0%
Work From Home17.8%

Businesses

Total Establishments53,030
Restaurants3,143
Healthcare3,692
Retail3,614
Manufacturing774

Tax

IRS Avg AGI$110,535
Avg Property Tax$5,763