Is Lake Mills, WI growing?
Lake Mills, WI had an estimated 6,470 (±25) residents in 2020–2024, against 5,895 in 2015–2019.
That is a change of +9.8%, a measurable increase.
Its housing went from 2,758 to 2,876 homes (+4.3%), not a measurable change.
3.2% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 6,470 (±25)
- Amount of change
- +9.8%
- Homes change
- +4.3%
- Built 2020 or later
- 3.2%
Residents and homes in Lake Mills, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 5,895 (±20) | 6,470 (±25) | +9.8% | Measurable increase |
| Housing units | 2,758 (±154) | 2,876 (±270) | +4.3% | Not a measurable change |
| Households that rent | 38.3% (±6.0 points) | 33.1% (±6.1 points) | −5.2 percentage points | Not a measurable change |
| Median gross rent | $978 (±$80) | $1,209 (±$93) | +23.6% | No measurable change after inflation |
| Median home value | $198,100 (±$11,254) | $317,100 (±$30,220) | +60.1% | Up 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.
Growth in Lake Mills against Jefferson County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Lake Mills | +9.8% | Measurable increase | +4.3% |
| Jefferson County | +1.5% | Measurable increase | +3.0% |
| Wisconsin | +2.1% | Measurable increase | +3.1% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Lake Mills
| Year built | Lake Mills | Jefferson County | Wisconsin | United States |
|---|---|---|---|---|
| 2020 or later | 3.2% (±2.0 points) | 1.1% | 1.4% | 2.0% |
| 2010 to 2019 | 6.9% (±3.2 points) | 5.4% | 7.1% | 9.4% |
| 2000 to 2009 | 13.1% (±4.4 points) | 13.5% | 12.5% | 13.6% |
10.1% of the homes in Lake Mills were built in 2010 or later.
The median age of residents is 40.3 years.
Growth in places near Lake Mills
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Lake Mills | — | 6,470 | +9.8% | Measurable increase |
| Town of Lake Mills | 3.0 mi | 2,317 | +1.8% | Not a measurable change |
| Town of Aztalan | 3.8 mi | 1,155 | −10.1% | Not a measurable change |
| Town of Waterloo (Jefferson County) | 5.2 mi | 934 | +6.4% | Not a measurable change |
| Town of Milford | 6.1 mi | 1,164 | −4.0% | Not a measurable change |
| Lake Ripley | 6.4 mi | 1,932 | +2.7% | Not a measurable change |
| Town of Oakland (Jefferson County) | 6.7 mi | 3,222 | +1.2% | Measurable increase |
| Johnson Creek | 6.8 mi | 3,362 | +12.4% | Measurable increase |
| Jefferson | 7.1 mi | 7,732 | −3.2% | Measurable decrease |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Mills
Is Lake Mills growing?
Lake Mills, WI had an estimated 6,470 residents in 2020–2024 and 5,895 in 2015–2019, a change of +9.8%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Lake Mills?
The estimated number of housing units went from 2,758 in 2015–2019 to 2,876 in 2020–2024 (+4.3%), not a measurable change.
How much new construction is there in Lake Mills?
3.2% of homes in Lake Mills were built in 2020 or later and 6.9% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lake Mills city, Wisconsin
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Mills city, Wisconsin
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lake Mills city, Wisconsin
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Lake Mills city, Wisconsin
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Mills city, Wisconsin
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Mills city, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake Mills city, Wisconsin
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Mills city, Wisconsin (place:41675, in state:55).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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
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- How long people stay in Lake Mills
- Crowding and facilities in Lake Mills
- Wisconsin landlord and tenant rules
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- Housing data for every place in Wisconsin