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CITY · 2020 ACS

Lake Mills

Wisconsin · 6,211 residents · 4.178 sq mi
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The short version

Lake Mills has roughly average household income, with a median household income of $69,571. Population has grown 28% since 2000. Median home value has risen by half since 2000, reaching $197,400. Poverty is rare here, at 5.9% of residents.

At a glance
Average income
near the US median
US median: $66,278
Mid-age
median age 39.5
US median: 38.8
More educated
38% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
6,211
+28%since 2000
from 4,843 in 2000
1990 – 2025
Population density
1,487 / sq mi
+28%since 2000
from 1,159 / sq mi in 2000
US average: 280
Median age
39.5
+10%since 2000
from 36.0 in 2000
US average: 38.8
Population, 1990 – 2024
4K5K5K6K7K1990201020202024Lake Mills
20246K
1990201020202024
Section 02

Income & economy

Median household income
$69,571
+5%inflation adjusted, since 2000
from $44,132 in 2000
US average: $66,278
1990 – 2024
Per capita income
$34,053
+55%since 2000
from $21,929 in 2000
US average: $35,364
Households earning $100K+
45.1%
+7.8 ptssince 2009
from 37.4% in 2009
US average: 43.9%
Poverty rate
5.9%
−1.4 ptssince 2000
from 7.3% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade16.9%
US avg: 10%
Information12.2%
US avg: 11.1%
Other services11.4%
US avg: 6.6%
Public administration8.3%
US avg: 4.7%
Wholesale trade6.3%
US avg: 6.7%
Finance & insurance4.4%
US avg: 5.5%
Professional, scientific, technical4.1%
US avg: 4.7%
Arts, entertainment, food1.5%
US avg: 2%
Transportation & warehousing1.3%
US avg: 2.5%
Agriculture, forestry, fishing0.9%
US avg: 1.7%
Construction0.9%
US avg: 1.2%
Education & health services0.2%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$197,400
+4%inflation adjusted, since 2000
from $125,800 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$923
+4%inflation adjusted, since 2000
from $588 in 2000
US average: $1,124
Owner-occupied
67.7%
−1.2 ptssince 2000
from 68.9% in 2000
32.3% rent
Afford Score
2.8
Unchangedsince 2000
from 2.9 in 2000
1990 – 2024
RELATED:See current rent listings in Lake Mills on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96%(4,647)
Black0.2%(8)
Hispanic / Latino2.3%(113)
Asian0.9%(42)
Other0%
Diversity Score8.2%(400)
2020
White, non-Hispanic89.2%(5,542)
Black0.5%(34)
Hispanic / Latino6%(372)
Asian0.8%(47)
Other1.4%(87)
Diversity Score20.7%(1,286)
Diversity Score
21
+151%since 2000
from 8 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
38.3%
+11.5 ptssince 2000
from 26.8% in 2000
US average: 32.9%
High school or higher
92.4%
+3.8 ptssince 2000
from 88.5% in 2000
US average: 88.5%
Graduate degree
13.1%
+8.1 ptssince 2000
from 5.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
26.6 min
+58%since 2000
from 16.8 min in 2000
US average: 26.9
Drive alone to work
78.7%
+1.9 ptssince 2009
from 76.8% in 2009
US average: 75.1%
No vehicle available
2.3%
−4.3 ptssince 2009
from 6.5% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.6%
−4.8 ptssince 2011
from 5.4% in 2011
US average: 5.4%
Labor force participation
73.1%
+0.6 ptssince 2011
from 72.5% in 2011
US average: 63.4%
Management & professional
41.5%
−25.7 ptssince 2009
from 67.2% in 2009
US average: 39.3%
Section 08

People & community

Male
49.8%
+2.0 ptssince 2009
from 47.8% in 2009
Female
50.2%
−2.0 ptssince 2009
from 52.2% in 2009
Foreign born
5.7%
+1.8 ptssince 2009
from 3.9% in 2009
US average: 13.5%
Uninsured
4.2%
−88.8 ptssince 2013
from 93.0% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Lake Mills to nearby cities

LAKE MILLS VS
Fort Atkinson
Income$79,302+14%
Home value$211,800+7%
Population12,388+86%
SEE FULL COMPARISON →
LAKE MILLS VS
Watertown
Income$70,107+1%
Home value$222,100+13%
Population22,704+241%
SEE FULL COMPARISON →
LAKE MILLS VS
Cottage Grove
Income$139,313+100%
Home value$449,700+128%
Population8,930+34%
SEE FULL COMPARISON →
LAKE MILLS VS
Sun Prairie
Income$90,942+31%
Home value$365,700+85%
Population39,227+489%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake Mills, Wisconsin?

Lake Mills, Wisconsin has about 6,211 residents according to the 2020 American Community Survey.

What is the median household income in Lake Mills, Wisconsin?

The typical household in Lake Mills, Wisconsin earns about $69,571 a year. Half of households make more than that, and half make less.

Is Lake Mills, Wisconsin expensive?

In Lake Mills, Wisconsin, the median home is worth about $197,400, and the typical rent is about $923 a month.

How educated are people in Lake Mills, Wisconsin?

About 38.3% of adults age 25 and over in Lake Mills, Wisconsin hold a bachelor's degree or higher.

What is the poverty rate in Lake Mills, Wisconsin?

About 5.9% of people in Lake Mills, Wisconsin live below the federal poverty line.

Has Lake Mills, Wisconsin grown since 1990?

Yes, Lake Mills, Wisconsin has grown since 1990. The population has added about 2,068 residents, a change of about 50 percent over that period.

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

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