Lake Point, Utah Demographics & Population 2026
During the 2020–2024 ACS period, Lake Point, Utah had a total population of 2,563, the 119th largest city in Utah, with a median household income of $137,367, which is 44% higher than the state average. The poverty rate is 2.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 44% above the state average — one of the wealthiest communities in Utah.
- An exceptionally low poverty rate of 2.0% — among the lowest in Utah.
- Near full employment with an unemployment rate of just 1.1%.
Lake Point Quick Facts
How Lake Point 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 | 2,938 | 2,563 | -12.8% |
| Median household income | $133,175 | $137,367 | +3.1% |
| Median home value | $566,200 | $604,300 | +6.7% |
How Lake Point 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: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Lake Point Rankings in Utah
Explore Utah Rankings
Cities Similar to Lake Point
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| River Heights | 2,282 | $117,708 | $464,400 | 58.3% | 5.5% |
| Lewiston | 2,408 | $98,583 | $390,500 | 26.9% | 3.3% |
| Toquerville | 2,344 | $97,813 | $563,200 | 35.3% | 3.5% |
| Richmond | 3,000 | $110,428 | $395,200 | 33.3% | 1.0% |
| Willard | 2,212 | $97,782 | $451,300 | 32.9% | 4.8% |
Population Overview
Lake Point is a small community located in Utah. The total population is 2,563. It ranks as the 119th most populous out of 326 Census-designated places in Utah.
Age Demographics
The median age in Lake Point is 27.5 years. This is 14% lower than the state median of 32.0 years. With 37.0% of the population under 18, Lake Point has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Lake Point is $137,367. This is 44% higher than the state median of $95,166. It is also 70% higher than the national median of $80,734. The poverty rate stands at 2.0%. This is 76% lower than the state poverty rate of 8.5%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.1%. This is 70% lower than the state rate of 3.6%. The median home value is $604,300. Housing costs are 23% higher than the state median of $489,400. The home-value-to-income ratio is 4.4x. 86.6% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 70.3%.
Race & Ethnicity
The largest racial or ethnic group in Lake Point is White (non-Hispanic), making up 68.0% of the population. Hispanic or Latino residents account for 14.4%. The Asian population (0.4%) is well below the state average of 2.4%.
Education
32.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 15% lower than the state rate of 37.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.5%.
Data Sources & Methodology
All demographic data for Lake Point, Utah 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 Utah state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 326 Census-designated places in Utah. 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 Point, Utah?
Lake Point, Utah has a population of 2,563 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Point, UT?
The median household income in Lake Point is $137,367, which is 70% higher than the national median of $80,734.
What is the poverty rate in Lake Point, UT?
The poverty rate in Lake Point is 2.0%. This means approximately 52 residents live below the federal poverty line.
What is the racial makeup of Lake Point, Utah?
Lake Point's population is 68.0% White, 0.0% Black, 14.4% Hispanic/Latino, and 0.4% Asian.
What is the median home value in Lake Point, UT?
The median home value in Lake Point is $604,300. The home-value-to-income ratio is 4.4x.
How educated is Lake Point, Utah?
32.1% of adults (25+) in Lake Point hold a bachelor's degree or higher, and 9.7% hold a graduate or professional degree.