Living in Laketown, Utah
Cost of living, income, home prices, rent and demographics of Laketown · Census data 2020–2024
Laketown has 437 residents with a median age of 35.3. The median household income is $79,211 (17% lower than the Utah median), the median home value is $405,600.
Laketown is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Laketown at a glance
- Population
- 437
- Median age
- 35.3State: 32
- Median household income
- $79,211State: $95,166
- Median home value
- $405,600State: $489,400
- Homeowners
- 97.2%
- Bachelor's degree or higher
- 29.3%
- Average commute
- 24 min
Is Laketown a good place to live?
Pros: Home values 17% lower than the state median; a poverty rate of 2.1%.
Cons: Median household income 17% lower than the Utah median; an average commute of 24 minutes.
The weather is best in June to September.
Cost of living in Laketown
Housing is the biggest part of the cost of living. In Laketown the median home value is $405,600, 22% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,769 a month in housing costs.
Laketown median household income
The median household income in Laketown is $79,211 and the income per person is $29,616. 2.1% of residents live below the poverty line (Utah: 8.5%).
Housing in Laketown: homes for sale and rent
- Housing units
- 199
- Owner-occupied
- 97.2%
- Renter-occupied
- 2.8%
- Vacant
- 28.6%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 3.08
Laketown demographics
- Population
- 437
- Median age
- 35.3
- Under 18
- 35.9%
- 65 and older
- 17.4%
- Households
- 142
- Foreign-born
- 1.8%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Laketown ›
Education in Laketown
29.3% of adults 25 and older in Laketown have a bachelor's degree or higher (Utah: 37.7%), and 12.7% have a graduate or professional degree.
Jobs and commute in Laketown
- Unemployment rate
- 0%State: 3.6%
- Average commute
- 24 minState: 22 min
- Work from home
- 22.4%
- Drive alone
- 66.1%
- Public transit
- 0%
- Walk to work
- 3.1%
- Homes with broadband
- 92.3%
Laketown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Laketown | 437 | $79,211 | $405,600 | — |
| Garden City | 608 | $51,875 | $654,900 | — |
| Randolph | 722 | $87,632 | $204,400 | $683 |
| Woodruff | 371 | $63,750 | $231,000 | — |
| Hyde Park | 5,540 | $113,102 | $573,900 | $1,273 |
| North Logan | 11,460 | $89,891 | $492,600 | $1,658 |
| Bloomington | 255 | $79,583 | $377,300 | — |
| Richmond | 3,000 | $110,428 | $395,200 | $1,063 |
| Smithfield | 14,408 | $97,537 | $450,200 | $1,311 |
More for people moving to Laketown
Laketown ZIP code ›Weather and climate ›Living in Laketown: FAQ
What is the median household income in Laketown, UT?
The median household income in Laketown is $79,211, 17% lower than the Utah median of $95,166 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Laketown?
The median home value in Laketown is $405,600, compared with $489,400 in Utah.
Is Laketown, UT a good place to live?
Pluses: home values 17% lower than the state median; a poverty rate of 2.1%. Minuses: median household income 17% lower than the Utah median; an average commute of 24 minutes.
What is the median age in Laketown?
The median age in Laketown is 35.3 years (Utah: 32).
How long is the commute in Laketown?
The average commute to work in Laketown is 24 minutes; 22.4% of workers work from home.
What is the unemployment rate in Laketown?
The unemployment rate in Laketown is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Laketown?
29.3% of adults in Laketown 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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