Lake town, Mississippi Demographics & Population 2026
As of 2026, Lake town, Mississippi has a total population of 523, the 264th largest city in Mississippi, with a median household income of $37,813, which is 31% lower than the state average. The poverty rate is 17.4%.
Key Takeaways
- Household income is 31% below the state average, indicating significant economic challenges.
- Housing is very affordable with a home-value-to-income ratio of just 2.0x.
- Near full employment with an unemployment rate of just 0.0%.
Lake town Quick Facts
How Lake town Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 55 | National average: 60
Education
Educational Attainment (Adults 25+)
Lake town Rankings in Mississippi
Explore Mississippi Rankings
Cities Similar to Lake town
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hermanville CDP | 527 | N/A | $26,400 | 13.4% | 0.8% |
| Lakeview CDP | 516 | N/A | $320,000 | 11.0% | 11.4% |
| White Oak CDP | 533 | N/A | N/A | 3.3% | 70.2% |
| North Tunica CDP | 507 | N/A | N/A | 11.1% | 53.4% |
| Kilmichael town | 520 | $41,333 | $83,800 | 18.7% | 21.4% |
Population Overview
Lake town is a small community located in Mississippi. The total population is 523. It ranks as the 264th most populous out of 419 cities and towns in Mississippi.
Age Demographics
The median age in Lake town is 35.4 years. This is 8% lower than the state median of 38.4 years.
Economy, Income & Housing
The median household income in Lake town is $37,813. This is 31% lower than the state median of $54,915. Compared to the national median of $78,538, household income here is 52% lower. The poverty rate stands at 17.4%. This is 9% lower than the state poverty rate of 19.1%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 6.0%. The median home value is $73,900. Housing costs are 54% lower than the state median of $161,400. With a home-value-to-income ratio of just 2.0x, Lake town is one of the most affordable housing markets in the area. 60.1% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 69.5%.
Race & Ethnicity
The largest racial or ethnic group in Lake town is Black or African American, making up 58.7% of the population. White (non-Hispanic) residents account for 38.2%. The Black or African American population is significantly higher than the state average (58.7% vs 36.9%).
Education
10.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 55% lower than the state rate of 24.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 76.0%.
Data Sources & Methodology
All demographic data for Lake town, Mississippi is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Mississippi state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 419 Census-designated places in Mississippi. For official data, visit data.census.gov.
Free data download: Get all Mississippi city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Lake town, Mississippi?
Lake town, Mississippi has a population of 523 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake town, MS?
The median household income in Lake town is $37,813, which is 52% lower the national median of $78,538.
What is the poverty rate in Lake town, MS?
The poverty rate in Lake town is 17.4%. This means approximately 91 residents live below the federal poverty line.
What is the racial makeup of Lake town, Mississippi?
Lake town's population is 38.2% White, 58.7% Black, 0.0% Hispanic/Latino, and 0.6% Asian.
What is the median home value in Lake town, MS?
The median home value in Lake town is $73,900. The home-value-to-income ratio is 2.0x.
How educated is Lake town, Mississippi?
10.8% of adults (25+) in Lake town hold a bachelor's degree or higher, and 0.6% hold a graduate or professional degree.