How many renters in Lake Mills, IA pay more than 30% of their income on rent?
37.5% (±17.8 points) of renting households in Lake Mills, IA spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
28.8% spend 35% or more.
The median renting household spends 23.0% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 37.5% (±17.8 points)
- Paying 35% or more
- 28.8% (±16.1 points)
- Median share of income
- 23.0% (±7.9 points)
Rent as a share of income in Lake Mills
| Share of income spent on rent | Lake Mills | Winnebago County | Iowa | United States |
|---|---|---|---|---|
| Less than 15% | 16.3% (±12.4 points) | 29.8% | 17.1% | 12.6% |
| 15% to 19.9% | 27.6% (±15.3 points) | 15.1% | 14.6% | 12.2% |
| 20% to 24.9% | 10.2% (±8.1 points) | 6.2% | 12.8% | 12.6% |
| 25% to 29.9% | 8.4% (±7.7 points) | 12.7% | 11.6% | 11.5% |
| 30% to 34.9% | 8.7% (±7.6 points) | 5.8% | 8.7% | 9.2% |
| 35% or more | 28.8% (±16.1 points) | 30.3% | 35.2% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Lake Mills against Winnebago County, its state and the nation
| Lake Mills | Winnebago County | Iowa | United States | |
|---|---|---|---|---|
| Paying 30% or more | 37.5% (±17.8 points) | 36.1% (±11.1 points) | 43.9% (±0.8 points) | 51.1% |
| Paying 35% or more | 28.8% (±16.1 points) | 30.3% (±10.5 points) | 35.2% (±0.6 points) | 41.9% |
| Median share of income | 23.0% (±7.9 points) | 24.0% (±7.1 points) | 27.4% (±0.3 points) | 30.6% |
| Median renter household income | $33,523 (±$10,288) | $35,100 (±$13,658) | $43,297 (±$758) | $52,966 |
| Median gross rent | $624 (±$96) | $717 (±$24) | $972 (±$6) | $1,413 |
In Lake Mills, the share of renters paying 30% or more of income is not measurably different from Winnebago County (36.1%).
It is not measurably different from Iowa (43.9%).
It is not measurably different from the national figure (51.1%).
In Winnebago County, Lake Mills ranks 5 of 7 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 403 of 895.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Lake Mills
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Lake Mills | — | 37.5% (±17.8 points) | — |
| Joice | 5.2 mi | 13.6% (±59.9 points) | Not measurably different |
| Scarville | 5.7 mi | 0.0% (±141.4 points) | Not measurably different |
| Emmons | 6.7 mi | 40.7% (±21.5 points) | Not measurably different |
| Leland | 7.6 mi | 47.1% (±44.4 points) | Not measurably different |
| Mansfield Township | 8.8 mi | 0.0% (±141.4 points) | Not measurably different |
| Nunda Township | 9.1 mi | 0.0% (±123.3 points) | Not measurably different |
| Twin Lakes | 11 mi | 20.0% (±86.6 points) | Not measurably different |
| Fertile | 12 mi | 0.0% (±91.9 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Winnebago County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Buffalo Center | 65.6% (±39.9 points) |
| 2 | Thompson | 50.1% (±36.3 points) |
| 3 | Rake | 50.0% (±111.8 points) |
| 4 | Leland | 47.1% (±44.4 points) |
| 5 | Lake Mills | 37.5% (±17.8 points) |
| 6 | Forest City | 33.8% (±15.9 points) |
| 7 | Scarville | 0.0% (±141.4 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Lake Mills
Are renters in Lake Mills rent-burdened?
37.5% of renting households in Lake Mills pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Lake Mills spend on rent?
The median renting household in Lake Mills, IA spends 23.0% (±7.9 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Mills city, Iowa
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Lake Mills city, Iowa
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Mills city, Iowa
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Mills city, Iowa (place:42555, in state:19).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lake Mills at a glance
- Median rent in Lake Mills
- Rent by bedrooms in Lake Mills
- Renters and owners in Lake Mills
- Income and affordability in Lake Mills
- Home values in Lake Mills
- Homeowner costs in Lake Mills
- Property taxes in Lake Mills
- Types of homes in Lake Mills
- Bedrooms in Lake Mills
- Age of homes in Lake Mills
- Heating fuel in Lake Mills
- Commute and cars in Lake Mills
- Population growth in Lake Mills
- How long people stay in Lake Mills
- Iowa landlord and tenant rules
- Housing across Winnebago County
- Iowa places ranked by rent burden
- Housing data for every place in Iowa