Lake Park, Iowa Demographics & Population 2026
During the 2020–2024 ACS period, Lake Park, Iowa had a total population of 1,184, the 252nd largest city in Iowa, with a median household income of $74,500, which is about the same as the state average. The poverty rate is 4.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- An exceptionally low poverty rate of 4.6% — among the lowest in Iowa.
- Housing is very affordable with a home-value-to-income ratio of just 2.3x.
- Near full employment with an unemployment rate of just 1.6%.
Lake Park Quick Facts
How Lake Park Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,191 | 1,184 | -0.6% |
| Median household income | $73,977 | $74,500 | +0.7% |
| Median home value | $153,500 | $168,800 | +10.0% |
How Lake Park Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 31 | National average: 61
Education
Educational Attainment (Adults 25+)
Lake Park Rankings in Iowa
Explore Iowa Rankings
Other Cities in Dickinson County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Spirit Lake | 5,518 | $65,720 | 6.3% | $215,100 |
| Milford | 3,311 | $63,369 | 8.9% | $218,400 |
| Okoboji | 969 | $73,000 | 11.2% | $299,300 |
| Arnolds Park | 922 | $86,833 | 6.0% | $438,900 |
| Orleans | 527 | $74,750 | 1.9% | $573,200 |
| Wahpeton | 443 | $107,917 | 5.8% | $495,500 |
| West Okoboji | 418 | $66,250 | 3.6% | $593,800 |
| Terril | 290 | $43,889 | 16.0% | $95,500 |
| Superior | 111 | $75,625 | 3.7% | $82,900 |
Cities Similar to Lake Park
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Conrad | 1,191 | $73,292 | $164,700 | 24.0% | 5.2% |
| Marcus | 1,180 | $77,981 | $200,000 | 23.0% | 5.3% |
| St. Ansgar | 1,206 | $76,458 | $152,500 | 32.1% | 5.4% |
| Wayland | 1,191 | $70,774 | $135,500 | 19.4% | 9.0% |
| Tripoli | 1,156 | $78,324 | $120,500 | 28.7% | 3.3% |
Population Overview
Lake Park is a small community located in Iowa, within Dickinson County. The total population is 1,184. It ranks as the 252nd most populous out of 1,017 Census-designated places in Iowa.
Age Demographics
The median age in Lake Park is 39.6 years. This is 3% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Lake Park is $74,500. This is about the same as the state median of $75,059. It is also 8% lower than the national median of $80,734. The poverty rate stands at 4.6%. This is 58% lower than the state poverty rate of 11.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.6%. This is 56% lower than the state rate of 3.6%. The median home value is $168,800. Housing costs are 19% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.3x, Lake Park is one of the most affordable housing markets in the area. 91.0% of occupied housing units are owner-occupied. This homeownership rate is 27% higher than the state average of 71.7%.
Race & Ethnicity
Lake Park has a predominantly White (non-Hispanic) population, comprising 91.8% of all residents. Hispanic or Latino residents account for 3.7%. The Asian population (0.4%) is well below the state average of 2.5%.
Education
13.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.5%.
Data Sources & Methodology
All demographic data for Lake Park, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Lake Park, Iowa?
Lake Park, Iowa has a population of 1,184 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Park, IA?
The median household income in Lake Park is $74,500, which is 8% lower than the national median of $80,734.
What is the poverty rate in Lake Park, IA?
The poverty rate in Lake Park is 4.6%. This means approximately 53 residents live below the federal poverty line.
What is the racial makeup of Lake Park, Iowa?
Lake Park's population is 91.8% White, 0.0% Black, 3.7% Hispanic/Latino, and 0.4% Asian.
What is the median home value in Lake Park, IA?
The median home value in Lake Park is $168,800. The home-value-to-income ratio is 2.3x.
How educated is Lake Park, Iowa?
13.9% of adults (25+) in Lake Park hold a bachelor's degree or higher, and 2.2% hold a graduate or professional degree.