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CITY

Lake Point

Utah · 2,947 residents (2025 est.) · 4.574 sq mi
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The short version

Lake Point is significantly wealthier than the US average, with a median household income of $137,367. Population has declined 13% since 2023. Median home value is $604,300. At a median age of 27.5, residents skew younger than the country as a whole. Poverty is rare here, at 2.0% of residents. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 27.5
US median: 38.9
Average education
32% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,563
−13%since 2023
from 2,938 in 2023
2023 – 2025
Population density
560 / sq mi
−13%since 2023
from 642 / sq mi in 2023
US average: 281
Median age
27.5
−5%since 2023
from 29.0 in 2023
US average: 38.9

PEP 2025 EST:2,947 residents (Census Bureau Vintage 2025, released March 2026)

Population, 2023 – 2024
3K3K3K3K3K20232024Lake Point
20243K
20232024
Section 02

Income & economy

Median household income
$137,367
Unchangedinflation adjusted, since 2023
from $133,175 in 2023
US average: $82,259
2023 – 2024
Per capita income
$60,941
−19%since 2023
from $75,374 in 2023
US average: $44,673
Households earning $100K+
85.0%
+12.6 ptssince 2023
from 72.3% in 2023
US average: 53.3%
Poverty rate
2.0%
−0.5 ptssince 2023
from 2.5% in 2023
US average: 12.5%
Income inequality (Gini)
0.526
−18%since 2023
from 0.638 in 2023
US average: 0.476
Workforce by industry, 2024
Wholesale trade12.3%
US avg: 6.9%
Other services8.4%
US avg: 6.7%
Retail trade7.5%
US avg: 9.9%
Information7.5%
US avg: 10.8%
Finance & insurance6.7%
US avg: 5.9%
Professional, scientific, technical6.7%
US avg: 5.1%
Public administration5.8%
US avg: 4.8%
Transportation & warehousing2.8%
US avg: 2.2%
Agriculture, forestry, fishing1%
US avg: 1.6%
Manufacturing1%
US avg: 0.4%
Arts, entertainment, food0.2%
US avg: 1.9%
Construction0%
US avg: 1.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$604,300
+4%inflation adjusted, since 2023
from $566,200 in 2023
US average: $376,019
2023 – 2024
Owner-occupied
86.6%
+5.2 ptssince 2023
from 81.4% in 2023
13.4% rent
Vacancy rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
Owner cost-burdened
18.5%
−2.2 ptssince 2023
from 20.8% in 2023
US average: 22.9%
Renter cost-burdened
40.4%
+10.2 ptssince 2023
from 30.3% in 2023
US average: 47.4%
Afford Score
4.4
+3%since 2023
from 4.3 in 2023
2023 – 2024
RELATED:See current rent listings in Lake Point on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic67.8%(1,991)
Black0%(0)
Hispanic / Latino18.8%(552)
Asian0.5%(15)
Other12.9%(380)
Diversity Score61.1%(1,795)
2024
White, non-Hispanic68%(1,744)
Black0%(0)
Hispanic / Latino14.4%(370)
Asian0.4%(9)
Other17.2%(440)
Diversity Score60.8%(1,559)
Diversity Score
61
Unchangedsince 2023
from 61 in 2023
2023 – 2024
Section 05

Education

Bachelor's degree or higher
32.1%
Unchangedsince 2023
from 32.2% in 2023
US average: 35.6%
High school or higher
96.5%
+2.8 ptssince 2023
from 93.7% in 2023
US average: 89.6%
Graduate degree
9.7%
−1.4 ptssince 2023
from 11.2% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
28.9 min
−6%since 2023
from 30.8 min in 2023
US average: 26.5
Drive alone to work
57.0%
−2.3 ptssince 2023
from 59.3% in 2023
US average: 68.9%
Carpooled to work
14.0%
+1.7 ptssince 2023
from 12.3% in 2023
US average: 8.5%
Public transit
1.5%
−1.0 ptssince 2023
from 2.5% in 2023
US average: 3.2%
Worked from home
26.8%
+1.5 ptssince 2023
from 25.4% in 2023
US average: 15.0%
Walked to work
0.6%
+0.1 ptssince 2023
from 0.5% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
2.1%
Unchangedsince 2023
from 2.1% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.1%
+0.2 ptssince 2023
from 0.9% in 2023
US average: 5.2%
Labor force participation
83.3%
+0.7 ptssince 2023
from 82.6% in 2023
US average: 63.5%
Self-employed
11.3%
−1.4 ptssince 2023
from 12.7% in 2023
US average: 13.1%
Management & professional
33.0%
−1.6 ptssince 2023
from 34.6% in 2023
US average: 42.5%
Section 08

People & community

Male
48.2%
−3.1 ptssince 2023
from 51.3% in 2023
Female
51.8%
+3.1 ptssince 2023
from 48.7% in 2023
Foreign born
2.2%
−0.3 ptssince 2023
from 2.5% in 2023
US average: 14.1%
Veterans
5.3%
+1.9 ptssince 2023
from 3.4% in 2023
US average: 6.2%
With a disability
6.0%
−1.0 ptssince 2023
from 7.0% in 2023
US average: 13.3%
Uninsured
4.6%
−1.4 ptssince 2023
from 6.0% in 2023
US average: 8.4%
Broadband at home
97.1%
+4.6 ptssince 2023
from 92.5% in 2023
US average: 91.0%
English only at home
86.5%
+0.9 ptssince 2023
from 85.6% in 2023
US average: 77.7%
Spanish at home
6.0%
−1.9 ptssince 2023
from 7.9% in 2023
US average: 13.6%
Drill deeper

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Head to head

Compare Lake Point to nearby cities

LAKE POINT VS
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Income$126,526−8%
Home value$481,900−20%
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LAKE POINT VS
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Income$90,346−34%
Home value$376,200−38%
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LAKE POINT VS
Tooele
Income$96,221−30%
Home value$381,400−37%
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LAKE POINT VS
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Income$101,349−26%
Home value$488,200−19%
Population16,472+459%
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Frequently asked

How many people live in Lake Point, Utah?

Lake Point, Utah has about 2,563 residents according to the 2024 American Community Survey.

What is the median household income in Lake Point, Utah?

The typical household in Lake Point, Utah earns about $137,367 a year. Half of households make more than that, and half make less.

Is Lake Point, Utah expensive?

In Lake Point, Utah, the median home is worth about $604,300.

How educated are people in Lake Point, Utah?

About 32.1% of adults age 25 and over in Lake Point, Utah hold a bachelor's degree or higher.

What is the poverty rate in Lake Point, Utah?

About 2.0% of people in Lake Point, Utah live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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