Lake Park, North Carolina Demographics & Population 2026
During the 2020–2024 ACS period, Lake Park, North Carolina had a total population of 3,431, the 237th largest village in North Carolina, with a median household income of $66,411, which is 8% lower than the state average. The poverty rate is 8.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
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 | 3,365 | 3,431 | +2.0% |
| Median household income | $76,366 | $66,411 | -13.0% |
| Median home value | $296,400 | $334,500 | +12.9% |
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
Moderate diversity with one or two groups making up the majority.
State average: 58 | National average: 61
Education
Educational Attainment (Adults 25+)
Lake Park Rankings in North Carolina
Explore North Carolina Rankings
Other Cities in Union County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Indian Trail | 42,036 | $108,483 | 5.3% | $385,000 |
| Monroe | 36,759 | $72,540 | 13.3% | $309,100 |
| Waxhaw | 22,275 | $131,894 | 4.5% | $549,400 |
| Wesley Chapel | 9,090 | $132,188 | 4.5% | $535,500 |
| Unionville | 6,954 | $96,028 | 9.4% | $336,200 |
| Marvin | 6,692 | $250,000+ | 7.6% | $906,000 |
| Wingate | 4,425 | $63,068 | 17.0% | $229,800 |
| Fairview | 3,619 | $98,808 | 1.8% | $382,300 |
| Mineral Springs | 3,314 | $91,500 | 4.2% | $389,900 |
| Marshville | 2,615 | $57,837 | 14.7% | $172,300 |
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 |
|---|---|---|---|---|---|
| Spencer | 3,349 | $65,465 | $201,700 | 25.6% | 11.2% |
| Enochville | 3,321 | $66,225 | $265,700 | 11.2% | 18.6% |
| Glen Raven | 3,506 | $63,173 | $224,000 | 17.6% | 16.7% |
| Welcome | 3,521 | $63,353 | $200,800 | 17.1% | 9.3% |
| Rockfish | 3,574 | $64,476 | $199,900 | 23.1% | 15.2% |
Population Overview
Lake Park is a small community located in North Carolina, within Union County. The total population is 3,431. It ranks as the 237th most populous out of 772 Census-designated places in North Carolina.
Age Demographics
The median age in Lake Park is 43.6 years. This is 12% higher than the state median of 39.1 years.
Economy, Income & Housing
The median household income in Lake Park is $66,411. This is 8% lower than the state median of $72,388. It is also 18% lower than the national median of $80,734. The poverty rate stands at 8.0%. This is 38% lower than the state poverty rate of 13.0%. The unemployment rate is 3.5%. This is 27% lower than the state rate of 4.7%. The median home value is $334,500. Housing costs are 16% higher than the state median of $288,900. The home-value-to-income ratio is 5.0x. 78.1% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 66.6%.
Race & Ethnicity
The largest racial or ethnic group in Lake Park is White (non-Hispanic), making up 74.7% of the population. Hispanic or Latino residents account for 15.5%. The Black or African American population (4.5%) is well below the state average of 20.0%. The Asian population (0.9%) is well below the state average of 3.3%.
Education
41.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 16% higher than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.9%.
Data Sources & Methodology
All demographic data for Lake Park, North Carolina 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 North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. 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, North Carolina?
Lake Park, North Carolina has a population of 3,431 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Park, NC?
The median household income in Lake Park is $66,411, which is 18% lower than the national median of $80,734.
What is the poverty rate in Lake Park, NC?
The poverty rate in Lake Park is 8.0%. This means approximately 267 residents live below the federal poverty line.
What is the racial makeup of Lake Park, North Carolina?
Lake Park's population is 74.7% White, 4.5% Black, 15.5% Hispanic/Latino, and 0.9% Asian.
What is the median home value in Lake Park, NC?
The median home value in Lake Park is $334,500. The home-value-to-income ratio is 5.0x.
How educated is Lake Park, North Carolina?
41.4% of adults (25+) in Lake Park hold a bachelor's degree or higher, and 13.9% hold a graduate or professional degree.