B+
7%
Income/capita NAT. AVG.
12%
Household income NAT. AVG.
87%
Unemployment NAT. AVG.
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IndexLake ParkIowaNational
Income per capita$32,020$28,872$29,829
Median household income$62,222$54,570$55,322
Median income owner occupied$67,125$66,527$70,586
Median income renter occupied$0$30,828$35,192
Median earnings male$42,212$37,409$36,919
Median earnings female$27,981$25,115$26,250
Unemployment rate0.6%3.1%4.7%
Poverty level10.5%12.3%15.1%
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Key findings

  • The income per capita in Lake Park is 7% higher than the national average
  • The median household income in Lake Park is 12% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Lake Park is 87% lower than the national average
  • The poverty level in Lake Park is 31% lower than the national average

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      am i middle class

      $
      Input your household income
      $41,477 $62,222 $124,444
      City
      $36,376 $54,570 $109,140
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Lake Park median earnings by income bracket

      Lake Park employment by industry

      Labour TypeMaleFemale
      Construction industry14.2%14.2%
      Manufacturing sector27.1%27.1%
      Financial & insurance services1.2%1.2%
      Wholesale & retail services16.2%16.2%
      Public administration1.2%1.2%
      Transportation, warehousing & utilities9.7%9.7%
      Education, health & social services8.6%8.6%
      Other21.8%21.8%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Wahpeton, IA417$93,33368.7%
      Fostoria, IA180$75,62536.7%
      West Okoboji, IA345$70,62527.7%
      Arnolds Park, IA964$65,50018.4%
      Orleans, IA524$61,02710.3%
      Lake Park, IA1,194$62,22212.5%

      Cities with similar population

      City Population Household Income National Avg.
      Bannockburn, IL1,194$115,833109.4%
      Divernon, IL1,194$64,92217.4%
      Kennebunkport, ME1,194$81,00046.4%
      Pecos, NM1,194$35,77135.3%
      Boston Heights, OH1,194$101,87584.1%
      Lake Park, IA1,194$62,22212.5%
      Source: The Lake Park, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).