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ZipNumbers

Iowa · Census place 42600

Lake Park city, IA

Quick answer

Lake Park city has 1,191 residents, ranking #257 of 1026 places in Iowa. Median household income is $73,977, the median home is worth $153,500 and median gross rent runs $1,013 a month.

Population
1,191Lake Park city residents
Median household income
$73,977Past 12 months, inflation adjusted
Median home value
$153,500Owner-occupied units
Median gross rent
$1,013Rent plus utilities, monthly
Median age
40.1 yrsAll residents
Homeownership rate
88.1%Owner-occupied households

What the numbers mean in Lake Park city

Housing cost measured against local earnings.

A household earning the Lake Park city median would spend about 16.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.7% of residents and 88.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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