HomeMississippiNewton CountyLake town
Lake town, Mississippi: commercial real estate data.
Lake town is a Census town of 522 people across 5.06 square miles of land, lying across Newton County and Scott County. Median household income is $32,143, 51.9 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $6.4 m.
67 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lake
What Lake is
- Census place typetown
- Land area5.06 sq mi
- Water area0.01 sq mi
- Population per square mile of land103 plus or minus 36
- County holding the largest share of its areaNewton County, 61.2 percent
- Counties this place lies inNewton County 61.2 percent, Scott County 38.8 percent
Lake town crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake
How many people live in Lake
- Population522 plus or minus 183
- Median age37.0 plus or minus 8.9
- Population under 18144 plus or minus 62
- Share under 1827.6 percent plus or minus 6.9
- Population 65 and over66 plus or minus 33
- Share 65 and over12.6 percent plus or minus 4.4
- Households210 plus or minus 72
- Family households143 plus or minus 59
- Share of households that are families68.1 percent plus or minus 15.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake
Income and work in Lake
- Median household income$32,143 plus or minus $17,887
- Per capita income$20,179 plus or minus $4,497
- Civilian labor force240 plus or minus 102
- Employed240 plus or minus 102
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over337 plus or minus 107
- Adults 25 and over with a high school diploma or higher78.6 percent
- Adults 25 and over with a bachelor degree or higher10.7 percent plus or minus 7.7
- Adults 25 and over with a graduate degree0.9 percent plus or minus 4.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake
Housing in Lake
- Housing units233 plus or minus 78
- Occupied units210 plus or minus 72
- Vacant units23 plus or minus 24
- Vacancy rate9.9 percent plus or minus 9.8
- Owner occupied109 plus or minus 41
- Renter occupied101 plus or minus 58
- Ownership rate51.9 percent
- Median owner-occupied home value$77,000
- Median gross rent, monthly$729 plus or minus $293
- Annual rent as a share of median income27.2 percent plus or minus 18.7
- Single family units121 plus or minus 47
- Share single family51.9 percent plus or minus 10.5
- Units in buildings of two or more43 plus or minus 47
- Share in buildings of two or more18.5 percent plus or minus 19.3
- Mobile homes69 plus or minus 38
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake
How Lake gets to work
- Workers 16 and over who commute237 plus or minus 102
- Commuting under 15 minutes86 plus or minus 54
- Share commuting under 15 minutes36.3 percent plus or minus 16.9
- Commuting 30 minutes or more55 plus or minus 35
- Share commuting 30 minutes or more23.2 percent plus or minus 10.9
- Drove alone92.1 percent
- Carpooled4.6 percent plus or minus 5.1
- Public transport0.0 percent
- Walked1.7 percent plus or minus 2.4
- Worked from home1.3 percent plus or minus 2.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake
SBA loans in Lake (7(a))
- Approvals6
- Gross approval$6,403,900
- Average approval$1,067,317
- Median approval$1,165,000
- Ninetieth percentile approval$2,100,000
- Largest approval$2,100,000
- Jobs supported23
- Jobs per approval3.8
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term192 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS5
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newton County, not Lake
Newton County context, not Lake figures
These are Newton County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lake measurements.
- Establishments in Newton County315
- Employment at those establishments, Newton County4,053
- Covered employment, Newton County5,127
- Average annual pay, Newton County$41,490
- Average weekly wage, Newton County$798
- Housing units permitted, Newton County0
- Of those, single family, Newton County0
- County product, 2024, Newton County$699,388,000
- County product change over the prior year, Newton County7.2 percent
- Average income of an arriving household, Newton County$50,586
Every figure in this section is published for Newton County as a whole and is not a measurement of Lake. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lake questions, answered from the record.
How many people live in Lake, Mississippi?
522, in 210 households. Lake town covers 5.06 square miles of land, which is 103 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake in?
Lake lies in more than one. By area it is 61.2 percent in Newton County, 38.8 percent in Scott County. This page sits under Newton County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Lake?
$32,143. The median owner-occupied home is valued at $77,000. Median gross rent is $729 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lake businesses?
6 7(a) approvals totalling $6.4 m, across 2 lenders, median approval $1,165,000. These count approvals to borrowers whose address is in Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake borrowers get paid back?
No rate is published for Lake. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Lake figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Newton County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lake.
Is zoning published for Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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