Lake View, IA
Population 1,021 · Iowa
About Lake View, IA
Lake View is a small town located in Iowa with a population of 1,021 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,118 per year, which is 12% below the national median of $75,149. The median age of 56 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 View features a median home value of $154,800, which is 37% below the national median of $244,900. This positions Lake View in a moderately priced market relative to the rest of the country. Median monthly rent is $667, 43% below the national average of $1,163/month. Of the 811 total housing units, 84% are owner-occupied (423 units) and 16% are renter-occupied (80 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake View shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake View have an average one-way commute time of 17.4 minutes, one of the shorter commutes in the region.
Education & Demographics
28.0% of Lake View residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.6% of the population being foreign-born.
Cost of Living in Lake View, IA
Compared to national averages, Lake View has a median household income of $66,118 (12% below the national median of $75,149). Home values average $154,800, which is 37% below the national median. Monthly rent at $667 is 43% below the US average of $1,163. Within Iowa, Lake View's income is 3% below the state average of $67,947, and home values are 17% above the state median of $132,237.
Why Live in Lake View, IA?
Lake View offers affordable housing with a median home value of $154,800, below the US average of $244,900, and rent that’s lower than the national average at $667/month, and a strong job market with an unemployment rate of just 2.6%. Additionally, the city features a low poverty rate of 6.3%, better than the national average, and short commute times averaging just 17.4 minutes.
Potential considerations include median household income ($66,118) that falls below the national average. However, Lake View’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake View has a population of 1,021 with a median age of 56 years. Compare Lake View with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Lake View
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Griswold | 1,020 | $61,167 | $89,400 | Compare |
| Allison | 1,028 | $64,306 | $104,600 | Compare |
| Keosauqua | 1,014 | $52,083 | $108,000 | Compare |
| Aplington | 1,012 | $70,093 | $131,800 | Compare |
| Janesville | 1,012 | $84,231 | $214,700 | Compare |
| Newhall | 1,012 | $68,295 | $171,500 | Compare |
| Hamburg | 1,034 | $57,727 | $107,300 | Compare |
| Graettinger | 1,038 | $73,250 | $87,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lake View With Other Cities
Frequently Asked Questions about Lake View
What is the population of Lake View, IA?
The population of Lake View, IA is 1,021 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Iowa.
What is the median household income in Lake View?
The median household income in Lake View, IA is $66,118 per year, which is 12% below the national median of $75,149.
What is the median home value in Lake View?
The median home value in Lake View, IA is $154,800, which is 37% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake View?
The median monthly rent in Lake View, IA is $667, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Lake View?
The unemployment rate in Lake View, IA is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake View, IA a good place to live?
Lake View offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,021 and a median age of 56, the city appeals to established professionals and retirees.
How educated is Lake View, IA?
28.0% of residents in Lake View 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 View?
Key cost-of-living indicators for Lake View, IA: median home value is $154,800 (37% below national), median rent is $667/month, and median household income is $66,118. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake View?
The poverty rate in Lake View, IA is 6.3%, 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 View, IA?
Lake View's population is 0.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.6% of residents are foreign-born.