The Town of Lake had a population of 308 as of July 1, 2020. Lake ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Mississippi. See peer rankings below.
The primary coordinate point for Lake is located at latitude 32.3432 and longitude -89.3287 in Scott County. The formal boundaries for the Town of Lake encompass a land area of 1.11 sq. miles and a water area of 0 sq. miles. Scott County is in the Central time zone (GMT -6). The elevation is 440 feet.
While the primary coordinates for Town of Lake are located in Scott County, it should be noted that the formal boundaries for this community also extend into and Newton County.
The Town of Lake (GNIS ID: 2405968) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Alternate Unofficial Names for Lake: Maryville.
|Total Population||308 (100%)|
|Population in Households||308 (100.0%)|
|Population in Families||261 (84.7%)|
|Population in Group Quarters1||0|
|Median Household Income||$36,211|
|Average Household Income||$46,363|
|% of Income for Mortgage4||9%|
|Per Capita Income||$17,665|
|Total HU (Housing Units)||135 (100%)|
|Owner Occupied HU||95 (70.4%)|
|Renter Occupied HU||25 (18.5%)|
|Vacant Housing Units||15 (11.1%)|
|Median Home Value||$78,409|
|Average Home Value||$94,947|
|Housing Affordability Index3||302|
|Average Household Size||2.57|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.46%|
|Per Capita Income||1.87%|
|Owner Occupied HU||-0.64%|
The table below compares Lake to the other 362 incorporated cities, towns and CDPs in Mississippi by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 312||14th|
|Population Density||# 264||27th|
|Median Household Income||# 192||47th|
|Housing Affordability Index||# 304||84th|
|Per Capita Income||# 249||31st|
|Diversity Index||# 77||79th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Mississippi Census Data Comparison Tool.