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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

Population 3,431
Median Household Income $66,411
Median Home Value $334,500
Poverty Rate 8.0%
Unemployment Rate 3.5%
Median Age 43.6 years
Homeownership Rate 78.1%
Affordability Ratio 5.0x
Bachelor's Degree or Higher 41.4%
High School Graduation Rate 91.9%
Diversity Index 41/100
Population 3,431 237th of 772
Median Income $66,411 average
Poverty Rate 8.0% 36% lower than national
Median Home Value $334,500 top 30%

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.

Metric2019–20232020–2024Change
Population3,3653,431+2.0%
Median household income$76,366$66,411-13.0%
Median home value$296,400$334,500+12.9%

How Lake Park Compares

Economy & Housing

Household Income Distribution

Under $25K 15.6%
$25K-$50K 14.6%
$50K-$100K 43.0%
$100K+ 26.9%
Detailed income brackets
Under $10K
7.7%
$10K-$15K
3.2%
$15K-$20K
0.6%
$20K-$25K
4.0%
$25K-$30K
1.2%
$30K-$35K
5.1%
$35K-$40K
3.3%
$40K-$45K
2.0%
$45K-$50K
3.1%
$50K-$60K
12.0%
$60K-$75K
15.5%
$75K-$100K
15.5%
$100K-$125K
5.9%
$125K-$150K
6.4%
$150K-$200K
8.1%
$200K+
6.4%

Employment

3.5% Unemployment Rate State: 4.7%|National: 5.2%
57.4% Labor Force Participation

Housing Overview

Owner 78.1%
Renter 21.9%
Affordability Index Expensive
5.0x home value to income ratio
Median gross rent $2,040/mo 36.9% of median household income annually

People & Demographics

Diversity Index

41out of 100
Moderate Diversity

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

State average: 58 | National average: 61

Education

Lake Park Rankings in North Carolina

#237 Population of 772
#290 Median Income of 716
#146 Education of 772
#169 Home Value of 725

Other Cities in Union County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Spencer3,349$65,465$201,70025.6%11.2%
Enochville3,321$66,225$265,70011.2%18.6%
Glen Raven3,506$63,173$224,00017.6%16.7%
Welcome3,521$63,353$200,80017.1%9.3%
Rockfish3,574$64,476$199,90023.1%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.

Free data download: Get all North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

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.