Lake Park, GA
Population 962 · Georgia
About Lake Park, GA
Lake Park is a small community located in Georgia with a population of 962 residents according to the latest US Census Bureau American Community Survey data. The median household income is $38,571 per year, which is 49% below the national median of $75,149. The median age of 30.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Lake Park features a median home value of $241,900, which is 1% below the national median of $244,900. This positions Lake Park in a moderately priced market relative to the rest of the country. Median monthly rent is $797, 31% below the national average of $1,163/month. Of the 443 total housing units, 47% are owner-occupied (168 units) and 53% are renter-occupied (190 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Lake Park shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 37.0%, above the national average of 12.4%. Workers in Lake Park have an average one-way commute time of 25.3 minutes.
Education & Demographics
11.1% of Lake Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 4.7% of the population being foreign-born.
Cost of Living in Lake Park, GA
Compared to national averages, Lake Park has a median household income of $38,571 (49% below the national median of $75,149). Home values average $241,900, which is 1% below the national median. Monthly rent at $797 is 31% below the US average of $1,163. Within Georgia, Lake Park's income is 37% below the state average of $60,815, and home values are 24% above the state median of $194,684.
Why Live in Lake Park, GA?
Lake Park offers affordable housing with a median home value of $241,900, below the US average of $244,900, and rent that’s lower than the national average at $797/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($38,571) that falls below the national average. However, Lake Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Park has a population of 962 with a median age of 30.6 years. Compare Lake Park with other cities to see how it stacks up, or explore all cities in Georgia.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lake Park
What is the population of Lake Park, GA?
The population of Lake Park, GA is 962 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Georgia.
What is the median household income in Lake Park?
The median household income in Lake Park, GA is $38,571 per year, which is 49% below the national median of $75,149.
What is the median home value in Lake Park?
The median home value in Lake Park, GA is $241,900, which is 1% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Lake Park?
The median monthly rent in Lake Park, GA is $797, which is 31% below the national average of $1,163/month.
What is the unemployment rate in Lake Park?
The unemployment rate in Lake Park, GA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake Park, GA a good place to live?
Lake Park offers a moderate cost of living, affordable housing, and a strong job market. With a population of 962 and a median age of 30.6, the city appeals to young professionals and families.
How educated is Lake Park, GA?
11.1% of residents in Lake Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lake Park?
Key cost-of-living indicators for Lake Park, GA: median home value is $241,900 (1% below national), median rent is $797/month, and median household income is $38,571. The home-value-to-income ratio is 6.3x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Lake Park?
The poverty rate in Lake Park, GA is 37.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lake Park, GA?
Lake Park's population is 1.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 21.3% two or more races. 4.7% of residents are foreign-born.