According to statistics, the population in Lake Mills, IA amounts to 2,049, which shows growth 1% compared to the previous year. The median age of the city’s residents is 42. The average household income is $45,060, shifting growth 3% from the past year, and the average property value in Lake Mills, IA growth 9% to $106,000 throughout the year.
|Number Of Employees||1,016|
|Median Property Value||$106,000|
The average household income in Lake Mills, IA grew from $43,750 to $45,060 in the past year. This data is an estimate based upon 967 households in Lake Mills, IA . The chart below presents how household income is distributed in Lake Mills, IA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lake Mills, IA shifted from $97,000 to $106,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lake Mills, IA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lake Mills, IA properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lake Mills, IA compared to median property taxes around the country. The prevalent amount of property taxes in Lake Mills, IA equals $1150, which is less than the national average.