What percentage of people rent in Lake, MS?

48.1% (±16.2 points) of the occupied homes in Lake, MS are rented (2020–2024 American Community Survey).

That is 101 renting households against 109 that own their home.

In Lake, the share of households that rent went from 29.1% in 2015–2019 to 48.1% in 2020–2024 (+19.0 percentage points), not a measurable change.

Figures last updated on .

Households that rent
48.1% (±16.2 points)
Renting households
101 (±58)
Median renter income
$28,438 (±$24,539)

Who rents and who owns in Lake

Tenure, estimate (90% margin of error)
LakeScott CountyMississippiUnited States
Renter-occupied share48.1% (±16.2 points)28.7% (±3.9 points)30.0% (±0.4 points)34.8%
Renting households101 (±58)2,777 (±377)343,643 (±4,301)45,017,354
Owning households109 (±41)6,909 (±499)801,788 (±5,929)84,210,142
Average renter household size2.3 (±0.6)3.1 (±0.3)2.4 (±0.0)2.3
Average owner household size2.7 (±0.7)2.7 (±0.1)2.6 (±0.0)2.6
Median renter household income$28,438 (±$24,539)$30,259 (±$9,753)$34,642 (±$649)$52,966
Median owner household income$35,938 (±$22,594)$57,699 (±$6,261)$69,744 (±$684)$100,009

In Lake, the renter share is higher than in Scott County (28.7%).

It is also higher than in Mississippi (30.0%).

It is not measurably different from the national figure (34.8%).

In Scott County, Lake ranks 3 of 4 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 64 of 335.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lake has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent29.1% (±14.8 points)48.1% (±16.2 points)+19.0 percentage pointsNot a measurable change
Median gross rent$594 (±$93)$729 (±$293)+22.7%No measurable change after inflation
Median household income$47,500 (±$22,104)$32,143 (±$17,887)−32.3%No measurable change after inflation

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.

Households that rent in places near Lake

Nearest places with a published estimate, compared with Lake
PlaceDistanceHouseholds that rentCompared with this place
Lake—48.1% (±16.2 points)—
Forest9.7 mi49.2% (±8.4 points)Not measurably different
Newton9.7 mi39.8% (±13.0 points)Not measurably different
Conehatta9.8 mi14.9% (±22.2 points)Lower
Decatur14 mi41.9% (±11.5 points)Not measurably different
Montrose15 mi2.2% (±4.0 points)Lower
Sebastopol16 mi39.3% (±21.5 points)Not measurably different
Hickory17 mi40.7% (±18.6 points)Not measurably different
Louin18 mi17.4% (±10.7 points)Lower

Nearby places with a measurably lower figure: Conehatta, MS (14.9%), Montrose, MS (2.2%), Louin, MS (17.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Scott County, place by place

RankPlaceHouseholds that rent
1Forest49.2% (±8.4 points)
2Morton48.8% (±14.2 points)
3Lake48.1% (±16.2 points)
4Sebastopol39.3% (±21.5 points)

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

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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).

Is renting growing in Lake?

In Lake, the share of households that rent went from 29.1% in 2015–2019 to 48.1% in 2020–2024 (+19.0 percentage points), not a measurable change.

How big are renting households in Lake?

A renting household in Lake has 2.3 people on average, against 2.7 in an owned home.

How much do renters earn in Lake?

The median renting household in Lake, MS has an income of $28,438 (±$24,539) a year, against $35,938 for households that own their home.

Sources

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 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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