Lake, MS
Population 523 · Mississippi
About Lake, MS
Lake is a small community in Mississippi with a population of 523 residents. The median household income is $37,813 per year, which is below the national average. The median age in Lake is 35.4 years.
Housing in Lake has a median home value of $73,900 and median monthly rent of $739. Of the 225 total housing units, the majority are owner-occupied, with 119 owner-occupied and 79 renter-occupied units.
The unemployment rate in Lake is 0.0% and the poverty rate is 17.4%. 10.8% of residents hold a bachelor's degree or higher. The average commute time is 26 minutes.
Cost of Living in Lake, MS
Compared to national averages, Lake has a median household income of $37,813 (50% below the national median of $75,149). Home values average $73,900, which is 70% below the national median. Monthly rent at $739 is 36% below the US average of $1,163. Within Mississippi, Lake's income is 24% below the state average of $49,929, and home values are 41% below the state median of $125,705.
Why Live in Lake, MS?
Lake offers affordable housing with a median home value of $73,900, below the US average of $244,900, and rent that’s lower than the national average at $739/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($37,813) that falls below the national average. However, Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake has a population of 523 with a median age of 35.4 years. Compare Lake with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Lake
Cities in Mississippi with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lake With Other Cities
Frequently Asked Questions about Lake
What is the population of Lake, MS?
The population of Lake, MS is 523 according to the latest Census data.
What is the median household income in Lake?
The median household income in Lake, MS is $37,813 per year.
What is the median home value in Lake?
The median home value in Lake, MS is $73,900.
What is the average rent in Lake?
The median monthly rent in Lake, MS is $739.
What is the unemployment rate in Lake?
The unemployment rate in Lake, MS is 0.0%.