Lake Lotawana, MO
Population 2,378 · Missouri
About Lake Lotawana, MO
Lake Lotawana is a small town located in Missouri with a population of 2,378 residents according to the latest US Census Bureau American Community Survey data. The median household income is $162,188 per year, which is 116% above the national median of $75,149. The median age of 46.8 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 Lotawana features a median home value of $550,000, which is 125% above the national median of $244,900. This places Lake Lotawana in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,682, 45% above the national average of $1,163/month. Of the 1,258 total housing units, 91% are owner-occupied (800 units) and 9% are renter-occupied (78 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Lotawana shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 1.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Lotawana have an average one-way commute time of 28.5 minutes.
Education & Demographics
61.4% of Lake Lotawana 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 3.2% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 8.5% Asian residents, with 5.3% of the population being foreign-born.
How Lake Lotawana Ranks in Missouri
Cost of Living in Lake Lotawana, MO
Compared to national averages, Lake Lotawana has a median household income of $162,188 (116% above the national median of $75,149). Home values average $550,000, which is 125% above the national median. Monthly rent at $1,682 is 45% above the US average of $1,163. Within Missouri, Lake Lotawana's income is 166% above the state average of $61,047, and home values are 265% above the state median of $150,786.
Why Live in Lake Lotawana, MO?
Lake Lotawana offers a strong local economy with a median household income of $162,188, well above the national average, and a well-educated community where 61.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $550,000. However, Lake Lotawana’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Lotawana has a population of 2,378 with a median age of 46.8 years. Compare Lake Lotawana with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Lake Lotawana
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sparta | 2,378 | $61,630 | $167,400 | Compare |
| Marlborough | 2,366 | $47,011 | $187,900 | Compare |
| Houston | 2,407 | $41,250 | $115,200 | Compare |
| Granby | 2,345 | $45,655 | $99,200 | Compare |
| Anderson | 2,415 | $51,875 | $97,900 | Compare |
| Plattsburg | 2,437 | $64,856 | $182,500 | Compare |
| Warson Woods | 2,312 | $200,104 | $573,600 | Compare |
| Lake Ozark | 2,451 | $80,476 | $308,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lake Lotawana With Other Cities
Frequently Asked Questions about Lake Lotawana
What is the population of Lake Lotawana, MO?
The population of Lake Lotawana, MO is 2,378 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Missouri.
What is the median household income in Lake Lotawana?
The median household income in Lake Lotawana, MO is $162,188 per year, which is 116% above the national median of $75,149.
What is the median home value in Lake Lotawana?
The median home value in Lake Lotawana, MO is $550,000, which is 125% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Lotawana?
The median monthly rent in Lake Lotawana, MO is $1,682, which is 45% above the national average of $1,163/month.
What is the unemployment rate in Lake Lotawana?
The unemployment rate in Lake Lotawana, MO is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Lotawana, MO a good place to live?
Lake Lotawana offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,378 and a median age of 46.8, the city appeals to established professionals and retirees.
How educated is Lake Lotawana, MO?
61.4% of residents in Lake Lotawana 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 Lotawana?
Key cost-of-living indicators for Lake Lotawana, MO: median home value is $550,000 (125% above national), median rent is $1,682/month, and median household income is $162,188. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake Lotawana?
The poverty rate in Lake Lotawana, MO is 1.6%, 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 Lotawana, MO?
Lake Lotawana's population is 3.2% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 8.5% Asian, and 0.0% two or more races. 5.3% of residents are foreign-born.