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Lake, Mississippi Demographics & Population 2026

During the 2020–2024 ACS period, Lake, Mississippi had a total population of 522, the 261st largest town in Mississippi, with a median household income of $32,143, which is 43% lower than the state average. The poverty rate is 15.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lake Quick Facts

Population 522
Median Household Income $32,143
Median Home Value $77,000
Poverty Rate 15.6%
Unemployment Rate 0.0%
Median Age 37.0 years
Homeownership Rate 51.9%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 10.7%
High School Graduation Rate 78.6%
Diversity Index 51/100
Population 522 261st of 420
Median Income $32,143 bottom 20%
Poverty Rate 15.6% 25% higher than national
Median Home Value $77,000 bottom 20%

How Lake Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population523522-0.2%
Median household income$37,813$32,143-15.0%
Median home value$73,900$77,000+4.2%

How Lake Compares

Economy & Housing

Household Income Distribution

Under $25K 29.0%
$25K-$50K 33.8%
$50K-$100K 22.9%
$100K+ 14.3%
Detailed income brackets
Under $10K
11.9%
$10K-$15K
10.9%
$15K-$20K
2.9%
$20K-$25K
3.3%
$25K-$30K
18.1%
$30K-$35K
4.3%
$35K-$40K
6.7%
$40K-$45K
0.0%
$45K-$50K
4.8%
$50K-$60K
4.3%
$60K-$75K
12.4%
$75K-$100K
6.2%
$100K-$125K
11.4%
$125K-$150K
2.9%
$150K-$200K
0.0%
$200K+
0.0%

Employment

0.0% Unemployment Rate State: 5.8%|National: 5.2%
59.0% Labor Force Participation

Housing Overview

Owner 51.9%
Renter 48.1%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $729/mo 27.2% of median household income annually

People & Demographics

Diversity Index

51out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 56 | National average: 61

Education

Lake Rankings in Mississippi

#261 Population of 420
#290 Median Income of 349
#308 Education of 419
#304 Home Value of 354

Other Cities in Scott County

CityPopulationMedian IncomePovertyHome Value
Forest 5,357 $49,724 33.8% $141,100
Morton 3,656 $41,863 16.1% $84,200
Hillsboro 999 $44,662 20.6% $74,500
Sebastopol 212 $52,500 13.7% $112,500
Harperville 192 N/A 100.0% N/A

Cities Similar to Lake

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wheeler524N/A$184,00033.5%0.0%
Benoit509N/A$83,10011.7%38.3%
Clara540$30,645$96,70041.1%1.5%
Kearney Park485N/AN/A27.8%12.4%
Hickory Flat544$34,722$109,60011.1%25.8%

A note before these figures: with a population of 522, Lake's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Lake is a small community located in Mississippi, within Scott County. The total population is 522. It ranks as the 261st most populous out of 420 Census-designated places in Mississippi.

Age Demographics

The median age in Lake is 37.0 years. This is 4% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Lake is $32,143. This is 43% lower than the state median of $56,447. It is also 60% lower than the national median of $80,734. The poverty rate stands at 15.6%. This is 18% lower than the state poverty rate of 18.9%. The survey records no unemployed residents in Lake, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $77,000. Housing costs are 55% lower than the state median of $169,800. With a home-value-to-income ratio of just 2.4x, Lake is one of the most affordable housing markets in the area. 51.9% of occupied housing units are owner-occupied. This homeownership rate is 26% lower than the state average of 70.0%.

Race & Ethnicity

The largest racial or ethnic group in Lake is Black or African American, making up 61.5% of the population. White (non-Hispanic) residents account for 32.8%. The Black or African American population is significantly higher than the state average (61.5% vs 36.3%). The Hispanic or Latino population (0.6%) is well below the state average of 3.7%. The Asian population (0.4%) is well below the state average of 1.0%.

Education

10.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 58% lower than the state rate of 25.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 78.6%.

Data Sources & Methodology

All demographic data for Lake, Mississippi 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 Mississippi state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 420 Census-designated places in Mississippi. 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, Mississippi?

Lake, Mississippi has a population of 522 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake, MS?

The median household income in Lake is $32,143, which is 60% lower than the national median of $80,734.

What is the poverty rate in Lake, MS?

The poverty rate in Lake is 15.6%. This means approximately 81 residents live below the federal poverty line.

What is the racial makeup of Lake, Mississippi?

Lake's population is 32.8% White, 61.5% Black, 0.6% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Lake, MS?

The median home value in Lake is $77,000. The home-value-to-income ratio is 2.4x.

How educated is Lake, Mississippi?

10.7% of adults (25+) in Lake hold a bachelor's degree or higher, and 0.9% hold a graduate or professional degree.