Income & Economy in Laketown, UT

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$79,643

+9% vs national

Per Capita Income

$32,754

-12% vs national

Poverty Rate

1.2%

-91% vs national

Gini Index

0.3169

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

1.4%

of households

How Laketown Compares

Source: Census ACS (2023)

Laketown vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Laketown is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Laketown. The median household income here is $79,643.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.4%
$25-50K
10.7%
$50-75K
17.1%
$75-100K
30.0%
$100-150K
22.9%
$150-200K
9.3%
$200K+
3.6%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.0%

-100% vs UT avg

Labor Force

184

Employed

184

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

22.9%

of adults 25+

High School Diploma+

30.0%

of adults 25+

Median Age

40.3

Work from Home

16.3%

of workers

The median household income in Laketown, UT is $79,643, which is 8.8% above the national average of $73,224. Per capita income is $32,754. The poverty rate of 1.2% is lower than the UT state average of 9.0%. The Gini index of income inequality is 0.3169, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 3.5%. 22.9% of adults hold a bachelor's degree or higher.