Housing data for Lake, MS
Lake, MS has an estimated 522 residents and 233 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Scott County.
48.1% of households rent.
The median gross rent is $729 a month.
Figures last updated on .
- Residents
- 522 (±183)
- Housing units
- 233 (±78)
- Households that rent
- 48.1%
- Median gross rent
- $729
- Residents since 2015–2019
- +18.9%
What stands out in Lake
Homes built before 1980: 67.9% (±20.5 points) in Lake, higher than in Scott County (34.3%).
Households that rent: 48.1% (±16.2 points) in Lake, higher than in Scott County (28.7%).
Median home value: $77,000 (±$6,797) in Lake, lower than in Scott County ($106,700).
Housing in Lake at a glance
- Median rent: $729 median gross rent a month (Small sample: wide margin of error)
- Rent by bedrooms: $537 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 27.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 48.1% of households rent
- Income and affordability: $32,143 median household income (Small sample: wide margin of error)
- Home values: $77,000 median home value
- Homeowner costs: $1,125 median monthly cost with a mortgage
- Types of homes: 3.0% of homes are in buildings of 5 or more units
- Bedrooms: 73.8% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 67.9% of homes were built before 1980
- Vacancy rate: 1.9% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 71.0% heat with electricity
- Commute and cars: 23.0 minutes average trip to work
- Growth: +18.9% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 10.0% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Lake against Scott County, its state and the nation
| Lake | Scott County | Mississippi | United States | |
|---|---|---|---|---|
| Residents | 522 (±183) | 27,718 (exact) | 2,946,779 (exact) | 334,922,499 |
| Housing units | 233 (±78) | 11,483 (±26) | 1,341,114 (±478) | 143,775,355 |
| Households that rent | 48.1% (±16.2 points) | 28.7% (±3.9 points) | 30.0% (±0.4 points) | 34.8% |
| Median gross rent | $729 (±$293) | $888 (±$75) | $954 (±$8) | $1,413 |
| Median household income | $32,143 (±$17,887) | $48,786 (±$4,709) | $56,447 (±$539) | $80,734 |
| Median home value | $77,000 (±$6,797) | $106,700 (±$19,649) | $169,800 (±$1,198) | $332,700 |
| Median real estate taxes (a year) | — | $710 (±$141) | $1,215 (±$12) | $3,119 |
| Built before 1980 | 67.9% (±20.5 points) | 34.3% (±4.3 points) | 41.4% (±0.4 points) | 49.7% |
| Average commute | 23.0 minutes (±5.9) | 25.3 minutes (±2.4) | 25.6 minutes (±0.2) | 26.4 minutes |
| Households with broadband | 83.3% (±9.8 points) | 77.9% (±3.7 points) | 84.1% (±0.3 points) | 91.0% |
| Median age of residents | 37.0 years (±8.9) | 35.9 years (±1.1) | 38.6 years (±0.1) | 38.9 years |
Lake covers 5.1 square miles of land, about 103 residents per square mile (Census Bureau Gazetteer).
How Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 439 (±148) | 522 (±183) | +18.9% | Not a measurable change |
| Housing units | 181 (±45) | 233 (±78) | +28.7% | Not a measurable change |
| Median gross rent | $594 (±$93) | $729 (±$293) | +22.7% | No measurable change after inflation |
| Median home value | $72,500 (±$28,141) | $77,000 (±$6,797) | +6.2% | No measurable change after inflation |
| Median household income | $47,500 (±$22,104) | $32,143 (±$17,887) | −32.3% | No measurable change after inflation |
| Median owner cost with a mortgage | $950 (±$115) | $1,125 (±$435) | +18.4% | No measurable change after inflation |
| Households that rent | 29.1% (±14.8 points) | 48.1% (±16.2 points) | +19.0 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±47.0 points) | 1.9% (±3.2 points) | +1.9 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Places near Lake
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Forest | 9.7 mi | $900 | $141,100 | 49.2% |
| Newton | 9.7 mi | $423 | $88,800 | 39.8% |
| Conehatta | 9.8 mi | — | $119,200 | 14.9% |
| Decatur | 14 mi | $835 | $128,900 | 41.9% |
| Montrose | 15 mi | — | $229,200 | 2.2% |
| Sebastopol | 16 mi | $821 | $112,500 | 39.3% |
| Hickory | 17 mi | $918 | $107,800 | 40.7% |
| Louin | 18 mi | — | $173,600 | 17.4% |
Places in Mississippi most like Lake
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Sardis | $703 | $82,600 | $32,205 | 41.3% |
| Hollandale | $690 | $83,000 | $25,508 | 50.2% |
| Osyka | $638 | $85,600 | $41,042 | 49.7% |
| Webb | $646 | $87,100 | $26,786 | 40.8% |
| Ruleville | $694 | $85,000 | $33,480 | 56.8% |
| Bruce | $643 | $71,700 | $26,923 | 58.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Mississippi.
HUD Fair Market Rent for Lake, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $844 | $849 | $1,026 | $1,222 | $1,348 |
HUD income limits for Lake, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $15,960 | $25,200 | $40,350 |
| 2 people | $21,640 | $28,800 | $46,100 |
| 3 people | $27,320 | $32,400 | $51,850 |
| 4 people | $33,000 | $36,000 | $57,600 |
| 5 people | $38,680 | $38,900 | $62,250 |
| 6 people | $41,800 | $41,800 | $66,850 |
| 7 people | $44,650 | $44,650 | $71,450 |
| 8 people | $47,550 | $47,550 | $76,050 |
These are the limits HUD sets for its housing programs in the Scott County, MS HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $59,000.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Lake
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Lake beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Lake, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Lake, and send estimates and invoices from your phone.
Questions about Lake
How many renters are there in Lake?
Lake has an estimated 101 (±58) renting households, 48.1% of its occupied homes (2020–2024 American Community Survey).
What is the average home value in Lake, MS?
The Census Bureau publishes the median: $77,000 (±$6,797) for owner-occupied homes in Lake (2020–2024 American Community Survey).
What is the average mortgage payment in Lake?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lake, MS is $1,125 (±$435) a month, including taxes, insurance and utilities.
How many homes are in Lake?
Lake, MS has an estimated 233 (±78) housing units, occupied and vacant (2020–2024 American Community Survey).
How old are most homes in Lake?
67.9% of homes in Lake, MS were built before 1980 (2020–2024 American Community Survey).
What is the most common way to heat a home in Lake?
Electricity is the most common heating fuel in Lake, used by 71.0% of occupied homes (2020–2024 American Community Survey).
Is Lake growing?
In Lake, the number of residents went from 439 in 2015–2019 to 522 in 2020–2024 (+18.9%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lake town, Mississippi
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake town, Mississippi
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake town, Mississippi
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lake town, Mississippi
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Lake town, Mississippi
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lake town, Mississippi
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake town, Mississippi
- HUD Fair Market Rents, fiscal year 2027: Scott County, MS HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Scott County, MS HUD Metro FMR Area
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Lake town, Mississippi (place:38600, in state:28).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .