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Demographics
Population
Median Income
Racial Distributions
The zip code 51347 in Lake Park, Iowa, is classified as a "Low Diversity" community as of 2022. The population is 93% white, meeting the criteria for a dominant racial group with over 75% representation. The median income for 2022 was $74,097, indicating a relatively affluent community compared to national averages.
Lake Park has maintained its "Low Diversity" status over the past decade. The white population has remained above 90% from 2013 to 2022. Minor demographic shifts include an increase in the Hispanic population from 2% in 2013 to 4% in 2022, and an increase in the "Two or More Races" category from 1% to 2% over the same period. Other racial categories have maintained very low percentages or no representation throughout the decade.
The median income in Lake Park has shown an upward trend over the past decade. In 2013, the median income was $57,737, increasing to $74,097 by 2022, representing a growth of about 28% over nine years. Population figures have fluctuated, with a low of 1,454 in 2014 and a high of 1,706 in 2022, showing an overall trend of population growth.
Lake Park's racial composition is less diverse than the national average. As of 2022, the U.S. Census Bureau estimated that the white alone (not Hispanic or Latino) population in the United States was about 59.3%, compared to Lake Park's 93%. The median household income in the United States for 2021 was $70,784. Lake Park's 2022 median income of $74,097 is above this national figure.
The slow increase in diversity in Lake Park aligns with broader national trends of increasing diversity in many communities across the United States. While Lake Park remains a "Low Diversity" community with a strong white majority, there are subtle signs of increasing diversity and economic growth. These trends, if continued, could lead to more significant demographic shifts in the coming years, potentially moving the community towards a more diverse composition in the long term.