Laketown, UT
Population 420 · Utah
About Laketown, UT
Laketown is a small community in Utah with a population of 420 residents. The median household income is $79,643 per year, which is above the national average. The median age in Laketown is 40.3 years.
Housing in Laketown has a median home value of $318,800 and median monthly rent of $0. Of the 195 total housing units, the majority are owner-occupied, with 137 owner-occupied and 3 renter-occupied units.
The unemployment rate in Laketown is 0.0% and the poverty rate is 1.2%. 35.6% of residents hold a bachelor's degree or higher. The average commute time is 24.1 minutes.
Cost of Living in Laketown, UT
Compared to national averages, Laketown has a median household income of $79,643 (6% above the national median of $75,149). Home values average $318,800, which is 30% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Utah, Laketown's income is 10% below the state average of $88,715, and home values are 25% below the state median of $426,386.
Why Live in Laketown, UT?
Laketown offers a strong local economy with a median household income of $79,643, 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 35.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.2%, better than the national average, and short commute times averaging just 24.1 minutes.
Laketown has a population of 420 with a median age of 40.3 years. Compare Laketown with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Laketown
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Peter | 421 | $124,940 | $472,100 | Compare |
| Mayfield | 424 | $82,083 | $283,000 | Compare |
| Springdale | 416 | $69,545 | $832,400 | Compare |
| Manila | 425 | $71,607 | $235,000 | Compare |
| Rush Valley | 425 | $85,917 | $360,700 | Compare |
| Cove | 412 | $130,469 | $557,700 | Compare |
| Cleveland | 429 | $92,589 | $150,000 | Compare |
| Circleville | 431 | $74,375 | $255,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Laketown
What is the population of Laketown, UT?
The population of Laketown, UT is 420 according to the latest Census data.
What is the median household income in Laketown?
The median household income in Laketown, UT is $79,643 per year.
What is the median home value in Laketown?
The median home value in Laketown, UT is $318,800.
What is the average rent in Laketown?
The median monthly rent in Laketown, UT is $0.
What is the unemployment rate in Laketown?
The unemployment rate in Laketown, UT is 0.0%.