Lake Mills, IA Employment - Median Household Income, Unemployment Rate

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B-

4%

Income/capita NAT. AVG.

4%

Household income NAT. AVG.

76%

Unemployment NAT. AVG.

Index	Lake Mills	Iowa	National
Income per capita	$43,065	$42,672	$44,883
Median household income	$78,482	$81,387	$81,333
Median income owner occupied	$101,472	$98,724	$106,172
Median income renter occupied	$53,925	$45,890	$52,080
Median earnings male	$60,164	$54,047	$54,343
Median earnings female	$39,349	$36,462	$38,439
Unemployment rate	1.2%	3.2%	4.9%
Poverty level	7.2%	12.3%	15.1%

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Homes For Sale In Lake Mills, IA

607 S Mill St

Lake Mills, IA

24400 Maple Dr

Lake Mills, IA

802 S Western St

Lake Mills, IA

205 S 8th Ave W

Lake Mills, IA

Key findings

The income per capita in Lake Mills is 4% lower than the national average
The median household income in Lake Mills is 4% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Lake Mills is 76% lower than the national average
The poverty level in Lake Mills is 52% lower than the national average

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am i middle class

$52,316 $78,482 $156,964

City

$54,252 $81,387 $162,774

State

$54,216 $81,333 $162,666

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.

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Lake Mills median earnings by income bracket

Lake Mills employment by industry

Labour Type	Male	Female
Construction industry	7.3%	7.3%
Manufacturing sector	42.3%	42.3%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	11.3%	11.3%
Public administration	1.8%	1.8%
Transportation, warehousing & utilities	2.6%	2.6%
Education, health & social services	8.5%	8.5%
Other	21.6%	21.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Crystal Lake, IA	269	$95,718	17.7%
Hanlontown, IA	199	$91,837	12.9%
Conger, MN	133	$86,779	6.7%
Scarville, IA	54	$78,494	3.5%
Fertile, IA	304	$76,083	6.5%
Lake Mills, IA	2,187	$78,482	3.5%

Cities with similar population

City	Population	Household Income	National Avg.
Owingsville, KY	2,187	$47,071	42.1%
Mechanic Falls, ME	2,187	$73,858	9.2%
Deltana, AK	2,186	$140,675	73.0%
Icard, NC	2,186	$59,506	26.8%
Eagle, WI	2,186	$128,610	58.1%
Lake Mills, IA	2,187	$78,482	3.5%

Source: The Lake Mills, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.