Lake Park

Population

Population

Population	2000	2010	2023	2028
Lake Park	1,048	1,110	1,174	1,176

Source: ESRI, 2023-10-17

Population by Age

Population	2023
0-4	63
5-9	70
10-14	76
15-19	51
20-24	34
25-29	41
30-34	56
35-39	73
40-44	77
45-49	53
50-54	77
55-59	62
60-64	100
65-69	88
70-74	71
75-79	72
80-84	59
85+	51
18+	933
Median Age	49

Source: ESRI, 2023-10-17

Population by Race

Lake Park	2023
Total	1,174.00
White Alone	95.74%
Black Alone	0.6%
American Indian Alone	0.17%
Asian Alone	0.17%
Pacific Islander Alone	0%
Some Other Race	0.26%
Two or More Races	3.07%
Hispanic Origin	1.28%
Diversity Index	10.60

Source: ESRI, 2023-10-17

Growth Rate

Lake Park	2023 - 2028
Population	0.03%
Households	0.44%
Families	0.30%
Median Household Income	2%
Per Capita Income	3%

Source: ESRI, 2023-10-17

Housing

Households

Population	2000	2010	2023	2028
Households	447	485	535	547
Housing Units	524	595	655	675
Owner Occupied Units			462	475
Renter Occupied Units			73	72
Vacant Units			120	128

Source: ESRI, 2023-10-17

Home Value

Lake Park	2023	2028
Median Home Value	$162,000	$175,260
Average Home Value	$196,158	$214,895
<$50,000	32	31
$50,000 - $99,999	84	74
$100,000 - $149,999	91	84
$150,000 - $199,999	100	96
$200,000 - $249,999	50	56
$250,000 - $299,999	33	40
$300,000 - $399,999	20	25
$400,000 - $499,999	36	48
$500,000 - $749,999	13	17
$1,000,000 +	1	1

Source: ESRI, 2023-10-17

Housing Year Built

Year Range	Houses Built
2010 or Later	45
2000-2009	88
1990-1999	42
1980-1989	30
1970-1979	69
1960-1969	110
1950-1959	39
1940-1949	54
1939 or Before	161

Source: ESRI, 2023-10-17

Income

Income

Lake Park	2023	2028
Median Household	$64,443	$72,697
Average Household	$83,687	$93,060
Per Capita	$38,161	$43,310

Source: ESRI, 2023-10-17

Household Income

Lake Park	2023
<$15,000	41
$15,000 - $24,999	28
$25,000 - $34,999	38
$35,000 - $49,999	91
$50,000 - $74,999	104
$75,000 - $99,999	66
$100,000 - $149,999	123
$150,000 - $199,999	29
$200,000+	15

Source: ESRI, 2023-10-17

Employees

Commute

Category	Commuters
Workers 16+	648
In-County Residents	513
Out-of-County Residents	91
Drive Alone	618
Carpooled	11
Public Transport	0
Work at Home	11
Motorcycle	0
Bicycle	0
Walked	8
Other	0
Less than 5 minutes	96
5-9 minutes	91
10-14 minutes	54
15-19 minutes	58
20-24 minutes	101
25-29 minutes	78
30-34 minutes	82
35-39 minutes	20
40-44 minutes	3
45-59 minutes	29
60-89 minutes	19
90+ minutes	5
Average Travel Time	20

Source: ESRI, 2023-10-17

Source: ESRI, 2023-10-17

Employees by NAICS

Category	Number
Total Employees	559
Agr/Forestry/Fish/Hunt	0
Mining	0
Utilities	0
Construction	15
Manufacturing	9
Wholesale Trade	167

Retail Trade	38
Motor Veh/Parts Dealers	2
Furn & Home Furnish Str	0
Electronics & Appl Store	0
Bldg Matl/Garden Equip	4
Food & Beverage Stores	14
Health/Pers Care Stores	0
Gasoline Stations	8
Clothing/Accessory Store	0
Sports/Hobby/Book/Music	2
General Merchandise Str	8

Transportation/Warehouse	16
Information	2

Finance & Insurance	27
Cntrl Bank/Crdt Intrmdtn	19
Sec/Cmdty Cntrct/Oth Inv	0
Insur/Funds/Trusts/Other	8

Real Estate/Rent/Leasing	0
Prof/Scientific/Tech Srv	1
Legal Services	1
Mgmt of Comp/Enterprises	0
Admin/Support/Waste Mgmt	4
Educational Services	71
HealthCare/Social Assist	69
Arts/Entertainment/Rec	50

Accommodation/Food Srvcs	31
Accommodation	0
Food Srv/Drinking Places	31

Other Srv excl Pub Admin	14
Auto Repair/Maintenance	6
Public Administration Emp	45

Source: ESRI, 2023-10-17

Educational Attainment (25+)

Lake Park	2023
<9th Grade	9
Some High School	6
GED	45
Graduated High School	295
Some College/No Degree	144
Associates Degree	224
Bachelor's Degree	122
Graduate Degree	35

Source: ESRI, 2023-10-17

Businesses

Businesses by NAICS

Category	Number
Total Businesses	63
Agr/Forestry/Fish/Hunt Bus	0
Mining Bus	0
Utilities Bus	0
Construction Bus	5
Manufacturing Bus	3
Wholesale Trade Bus	3

Retail Trade Bus	7
Motor Veh/Parts Dealers Bus	1
Furn & Home Furnish Str Bus	0
Electronics & Appl Store Bus	0
Bldg Matl/Garden Equip Bus	1
Food & Beverage Stores Bus	1
Health/Pers Care Stores Bus	0
Gasoline Stations Bus	1
Clothing/Accessory Store Bus	0
Sports/Hobby/Book/Music Bus	1
General Merchandise Str Bus	2

Transportation/Warehouse Bus	3
Information Bus	1

Finance & Insurance Bus	7
Cntrl Bank/Crdt Intrmdtn Bus	4
Sec/Cmdty Cntrct/Oth Inv Bus	0
Insur/Funds/Trusts/Other Bus	3

Real Estate/Rent/Leasing Bus	0
Prof/Scientific/Tech Srv Bus	1
Legal Services Bus	1
Mgmt of Comp/Enterprises Bus	0
Admin/Support/Waste Mgmt Bus	2
Educational Services Bus	2
HealthCare/Social Assist Bus	5
Arts/Entertainment/Rec Bus	5

Accommodation/Food Srvcs Bus	3
Accommodation Bus	0
Food Srv/Drinking Places Bus	3

Other Srv excl Pub Admin Bus	8
Auto Repair/Maintenance Bus	3
Public Administration Bus	8

Source: ESRI, 2023-10-17

MWI Components
US Senate
Midwest Mechanical
Doll Distributing
Godbersen Metal Works
Cannon Moss Brygger Architects

Thoughts on the Corridor

"Our experience with the Corridor has been one of genuine partnership. The team demonstrates true interest in community growth by asking questions to provoke thought..."

— Philip Ramstack, MWI Components

Thoughts on the Corridor

"The Iowa Lakes Corridor serves as an incredible conduit between business, economic development, and government. Their tireless advocacy of their region and member communities (and their diverse needs) helps to keep the Lakes region at the forefront and top-of-mind in my work."

— Kolby DeWitt, Outreach Director, US Senate

Thoughts on the Corridor

"The Iowa Lakes Corridor Development Corporation has always been the go-to place to find ways of helping current business and future business. There isn’t much they will not do to help, including showing property or finding housing for new employees that come to work in the area. The staff at the Corridor is top notch and very caring."

— Donavon Wunschel, Midwestern Mechanical/Spencer City Council

Thoughts on the Corridor

"After our initial (BRE) meeting, Joanne and I started discussing challenges that we were facing and warehouse space was at the top of our issues. She asked me if we had interest in taking a look at the Daily Reporter building as they were wanting to possibly downsize their location. Jo did all of the leg work in arranging a meeting between Doll’s and the Daily Reporter. She even was present the day that we looked at the facility. Basically, without Jo, we could of possibly never been told that a solution to our warehouse needs was 4 blocks away! Jo checked in several times throughout the process and was always asking if there was anything else she could help with. We are very happy with our purchase and the growth opportunities that this additional space will provide us. We can’t thank you enough!"

—Jason Halverson, Doll Distributing

Thoughts on the Corridor

"The Iowa Lakes Corridor has been a valuable resource as we have gone from a startup company to now becoming an established local business, their entire team is very knowledgeable and great to work with."

—Jim Smith, Godbersen Metal Works

Thoughts on the Corridor

"This is a great homebase in Northwest Iowa with the ability to reach a number of communities. The community is positive about growth and values quality spaces. This is a great place to raise a family and be a part of a community that cares about people."

—Adam Van Gorp, CMBA Architects