Lake Panorama, IA
Population 844 · Iowa
About Lake Panorama, IA
Lake Panorama is a small community located in Iowa with a population of 844 residents according to the latest US Census Bureau American Community Survey data. The median household income is $149,722 per year, which is 99% above the national median of $75,149. The median age of 55.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lake Panorama features a median home value of $442,600, which is 81% above the national median of $244,900. This places Lake Panorama in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 962 total housing units, 96% are owner-occupied (345 units) and 4% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Panorama 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 3.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Panorama have an average one-way commute time of 33.6 minutes.
Education & Demographics
44.9% of Lake Panorama residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Lake Panorama Ranks in Iowa
Cost of Living in Lake Panorama, IA
Compared to national averages, Lake Panorama has a median household income of $149,722 (99% above the national median of $75,149). Home values average $442,600, which is 81% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Lake Panorama's income is 120% above the state average of $67,947, and home values are 235% above the state median of $132,237.
Why Live in Lake Panorama, IA?
Lake Panorama offers a strong local economy with a median household income of $149,722, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 44.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $442,600. However, Lake Panorama’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Panorama has a population of 844 with a median age of 55.6 years. Compare Lake Panorama with other cities to see how it stacks up, or explore all cities in Iowa.
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Demographics
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Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lake Panorama
What is the population of Lake Panorama, IA?
The population of Lake Panorama, IA is 844 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Lake Panorama?
The median household income in Lake Panorama, IA is $149,722 per year, which is 99% above the national median of $75,149.
What is the median home value in Lake Panorama?
The median home value in Lake Panorama, IA is $442,600, which is 81% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Panorama?
The median monthly rent in Lake Panorama, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lake Panorama?
The unemployment rate in Lake Panorama, IA 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 Panorama, IA a good place to live?
Lake Panorama offers above-average incomes, a competitive housing market, and a strong job market. With a population of 844 and a median age of 55.6, the city appeals to established professionals and retirees.
How educated is Lake Panorama, IA?
44.9% of residents in Lake Panorama aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lake Panorama?
Key cost-of-living indicators for Lake Panorama, IA: median home value is $442,600 (81% above national), median rent is $0/month, and median household income is $149,722. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake Panorama?
The poverty rate in Lake Panorama, IA is 3.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Panorama, IA?
Lake Panorama's population is 0.0% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.