Lakeview, MS
Population 516 · Mississippi
About Lakeview, MS
Lakeview is a small community located in Mississippi with a population of 516 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 40.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lakeview features a median home value of $320,000, which is 31% above the national median of $244,900. This positions Lakeview in a moderately priced market relative to the rest of the country. Median monthly rent is $833, 28% below the national average of $1,163/month. Of the 225 total housing units, 28% are owner-occupied (48 units) and 72% are renter-occupied (125 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 Lakeview 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 11.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lakeview have an average one-way commute time of 29.3 minutes.
Education & Demographics
11.0% of Lakeview 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 28.3% White, 16.9% Hispanic or Latino, 0.0% Black or African American, and 15.1% Asian residents, with 18.8% of the population being foreign-born.
Cost of Living in Lakeview, MS
Compared to national averages, Lakeview has a median household income of $0 (100% below the national median of $75,149). Home values average $320,000, which is 31% above the national median. Monthly rent at $833 is 28% below the US average of $1,163. Within Mississippi, Lakeview's income is 100% below the state average of $49,929, and home values are 155% above the state median of $125,705.
Why Live in Lakeview, MS?
Lakeview offers rent that’s lower than the national average at $833/month, and a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 11.4%, better than the national average.
Potential considerations include median household income ($0) that falls below the national average. However, Lakeview’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lakeview has a population of 516 with a median age of 40.8 years. Compare Lakeview with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Lakeview
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sherman | 515 | $57,969 | $151,900 | Compare |
| Kilmichael | 520 | $41,333 | $83,800 | Compare |
| Lake | 523 | $37,813 | $73,900 | Compare |
| North Tunica | 507 | $0 | $0 | Compare |
| Hermanville | 527 | $0 | $26,400 | Compare |
| Mantee | 527 | $93,875 | $117,400 | Compare |
| Sandersville | 503 | $47,167 | $105,200 | Compare |
| Shubuta | 502 | $48,750 | $77,100 | Compare |
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 Lakeview With Other Cities
Frequently Asked Questions about Lakeview
What is the population of Lakeview, MS?
The population of Lakeview, MS is 516 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Mississippi.
What is the median household income in Lakeview?
The median household income in Lakeview, MS is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Lakeview?
The median home value in Lakeview, MS is $320,000, which is 31% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Lakeview?
The median monthly rent in Lakeview, MS is $833, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Lakeview?
The unemployment rate in Lakeview, MS is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lakeview, MS a good place to live?
Lakeview offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 516 and a median age of 40.8, the city appeals to a broad range of residents.
How educated is Lakeview, MS?
11.0% of residents in Lakeview 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 Lakeview?
Key cost-of-living indicators for Lakeview, MS: median home value is $320,000 (31% above national), median rent is $833/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Lakeview?
The poverty rate in Lakeview, MS is 11.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lakeview, MS?
Lakeview's population is 28.3% White, 16.9% Hispanic or Latino, 0.0% Black or African American, 15.1% Asian, and 0.0% two or more races. 18.8% of residents are foreign-born.