Living in Lakota, Iowa
Cost of living, income, home prices, rent and demographics of Lakota · Census data 2020–2024
Lakota has 266 residents with a median age of 42.3. The median household income is $68,750 (8% lower than the Iowa median), the median home value is $49,000, the median rent is $436/month.
Lakota is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lakota at a glance
- Population
- 266
- Median age
- 42.3State: 38.6
- Median household income
- $68,750State: $75,059
- Median home value
- $49,000State: $208,000
- Median rent
- $436/moState: $972
- Homeowners
- 77.2%
- Bachelor's degree or higher
- 18.5%
- Average commute
- 32 min
Is Lakota a good place to live?
Pros: Home values 76% lower than the state median; unemployment of 1.6%.
Cons: Median household income 8% lower than the Iowa median; an average commute of 32 minutes; a poverty rate of 13.2%.
The weather is best in June to September.
Cost of living in Lakota
Housing is the biggest part of the cost of living. In Lakota the median home value is $49,000, 85% lower than the U.S. median. Renters pay a median of $436 per month, which is 21.9% of household income. Homeowners with a mortgage pay $961 a month in housing costs.
Lakota median household income
The median household income in Lakota is $68,750 and the income per person is $38,066. 13.2% of residents live below the poverty line (Iowa: 11.1%).
Housing in Lakota: homes for sale and rent
- Housing units
- 174
- Owner-occupied
- 77.2%
- Renter-occupied
- 22.8%
- Vacant
- 16.7%Includes seasonal homes
- Median year built
- 1943
- Average household size
- 1.83
Lakota demographics
- Population
- 266
- Median age
- 42.3
- Under 18
- 11.7%
- 65 and older
- 21.1%
- Households
- 145
- Foreign-born
- 5.6%
- Veterans
- 13.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Lakota ›
Education in Lakota
18.5% of adults 25 and older in Lakota have a bachelor's degree or higher (Iowa: 31.4%), and 6.6% have a graduate or professional degree.
Jobs and commute in Lakota
- Unemployment rate
- 1.6%State: 3.6%
- Average commute
- 32 minState: 20 min
- Work from home
- 10.2%
- Drive alone
- 66.4%
- Public transit
- 3.1%
- Walk to work
- 2.3%
- Homes with broadband
- 89.7%
Lakota vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lakota | 266 | $68,750 | $49,000 | $436 |
| Ledyard | 112 | $33,750 | $28,800 | $413 |
| Buffalo Center | 911 | $52,917 | $100,500 | $640 |
| Bancroft | 626 | $60,000 | $120,700 | $725 |
| Elmore | 451 | $41,250 | $46,700 | $1,006 |
| Titonka | 452 | $72,250 | $65,800 | $458 |
| Swea City | 591 | $47,656 | $56,400 | $661 |
| Rake | 190 | $42,386 | $49,000 | $650 |
| Woden | 219 | $50,000 | $76,000 | $967 |
More for people moving to Lakota
Lakota ZIP code ›Weather and climate ›Living in Lakota: FAQ
What is the median household income in Lakota, IA?
The median household income in Lakota is $68,750, 8% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lakota?
The median home value in Lakota is $49,000, compared with $208,000 in Iowa.
How much is rent in Lakota?
The median gross rent in Lakota is $436 per month, about 21.9% of household income.
Is Lakota, IA a good place to live?
Pluses: home values 76% lower than the state median; unemployment of 1.6%. Minuses: median household income 8% lower than the Iowa median; an average commute of 32 minutes; a poverty rate of 13.2%.
What is the median age in Lakota?
The median age in Lakota is 42.3 years (Iowa: 38.6).
How long is the commute in Lakota?
The average commute to work in Lakota is 32 minutes; 10.2% of workers work from home.
What is the unemployment rate in Lakota?
The unemployment rate in Lakota is 1.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lakota?
18.5% of adults in Lakota have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: