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

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B+

7%

Income/capita NAT. AVG.

12%

Household income NAT. AVG.

87%

Unemployment NAT. AVG.

Index	Lake Park	Iowa	National
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 rate	0.6%	3.1%	4.7%
Poverty level	10.5%	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

$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.

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Lake Park median earnings by income bracket

Lake Park employment by industry

Labour Type	Male	Female
Construction industry	14.2%	14.2%
Manufacturing sector	27.1%	27.1%
Financial & insurance services	1.2%	1.2%
Wholesale & retail services	16.2%	16.2%
Public administration	1.2%	1.2%
Transportation, warehousing & utilities	9.7%	9.7%
Education, health & social services	8.6%	8.6%
Other	21.8%	21.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Wahpeton, IA	417	$93,333	68.7%
Fostoria, IA	180	$75,625	36.7%
West Okoboji, IA	345	$70,625	27.7%
Arnolds Park, IA	964	$65,500	18.4%
Orleans, IA	524	$61,027	10.3%
Lake Park, IA	1,194	$62,222	12.5%

Cities with similar population

City	Population	Household Income	National Avg.
Bannockburn, IL	1,194	$115,833	109.4%
Divernon, IL	1,194	$64,922	17.4%
Kennebunkport, ME	1,194	$81,000	46.4%
Pecos, NM	1,194	$35,771	35.3%
Boston Heights, OH	1,194	$101,875	84.1%
Lake Park, IA	1,194	$62,222	12.5%

Source: The Lake Park, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).