Living in Lakin, Kansas
Cost of living, income, home prices, rent and demographics of Lakin · Census data 2020–2024
Lakin has 2,243 residents with a median age of 33.8. The median household income is $89,514 (21% higher than the Kansas median), the median home value is $170,000, the median rent is $1,134/month.
Lakin at a glance
- Population
- 2,243
- Median age
- 33.8State: 37.4
- Median household income
- $89,514State: $74,275
- Median home value
- $170,000State: $217,200
- Median rent
- $1,134/moState: $1,060
- Homeowners
- 78.2%
- Bachelor's degree or higher
- 15.7%
- Average commute
- 23 min
Is Lakin a good place to live?
Pros: Median household income 21% higher than the Kansas median; home values 22% lower than the state median; a poverty rate of 2.4%.
Cons: An average commute of 23 minutes; unemployment of 4.1%.
The weather is best in May–June and September–October.
Cost of living in Lakin
Housing is the biggest part of the cost of living. In Lakin the median home value is $170,000, 49% lower than the U.S. median. Renters pay a median of $1,134 per month, which is 24.7% of household income. Homeowners with a mortgage pay $1,490 a month in housing costs.
Lakin median household income
The median household income in Lakin is $89,514 and the income per person is $31,127. 2.4% of residents live below the poverty line (Kansas: 11.3%).
Housing in Lakin: homes for sale and rent
- Housing units
- 889
- Owner-occupied
- 78.2%
- Renter-occupied
- 21.8%
- Vacant
- 12.7%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.80
Lakin demographics
- Population
- 2,243
- Median age
- 33.8
- Under 18
- 32.1%
- 65 and older
- 17.8%
- Households
- 776
- Foreign-born
- 13.7%
- Veterans
- 3.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Lakin ›
Education in Lakin
15.7% of adults 25 and older in Lakin have a bachelor's degree or higher (Kansas: 35.6%), and 6.8% have a graduate or professional degree.
Jobs and commute in Lakin
- Unemployment rate
- 4.1%State: 3.9%
- Average commute
- 23 minState: 20 min
- Work from home
- 12%
- Drive alone
- 67.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 96.4%
Lakin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lakin | 2,243 | $89,514 | $170,000 | $1,134 |
| Deerfield | 647 | $81,563 | $142,500 | $823 |
| Holcomb | 2,577 | $78,571 | $231,000 | $968 |
| Garden City | 27,819 | $72,865 | $192,000 | $1,052 |
| Ulysses | 5,476 | $63,857 | $97,400 | $717 |
| Syracuse | 1,699 | $67,361 | $120,800 | $734 |
| Johnson City | 1,549 | $71,105 | $65,200 | $679 |
| Satanta | 837 | $51,467 | $107,100 | $1,010 |
| Leoti | 1,360 | $73,594 | $84,800 | $917 |
More for people moving to Lakin
Lakin ZIP code ›Weather and climate ›Living in Lakin: FAQ
What is the median household income in Lakin, KS?
The median household income in Lakin is $89,514, 21% higher than the Kansas median of $74,275 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lakin?
The median home value in Lakin is $170,000, compared with $217,200 in Kansas.
How much is rent in Lakin?
The median gross rent in Lakin is $1,134 per month, about 24.7% of household income.
Is Lakin, KS a good place to live?
Pluses: median household income 21% higher than the Kansas median; home values 22% lower than the state median; a poverty rate of 2.4%. Minuses: an average commute of 23 minutes; unemployment of 4.1%.
What is the median age in Lakin?
The median age in Lakin is 33.8 years (Kansas: 37.4).
How long is the commute in Lakin?
The average commute to work in Lakin is 23 minutes; 12% of workers work from home.
What is the unemployment rate in Lakin?
The unemployment rate in Lakin is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lakin?
15.7% of adults in Lakin 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.
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