HomeMississippiNewton CountyLake
Lake, Mississippi: commercial real estate data.
Lake 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 since FY2020.
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 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$1,072,500
- 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
Counted by borrower city: approvals to borrowers whose address is in Lake, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lake
Flood risk in Lake
- NFIP communityTown of Lake
- NFIP community number280149
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/17/10(M)
The Town of Lake participates in the National Flood Insurance Program as community 280149 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Newton County, not Lake
Newton County context, not Lake figures
- Establishments in Newton County315
- Covered employment, Newton County5,127
- Average annual pay, Newton County$41,490
- Housing units permitted, Newton County0
Every figure in this section is published for Newton County as a whole and is not a measurement of Lake.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $6.4 m since FY2020, across 2 lenders, median approval $1,072,500. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Lake in the National Flood Insurance Program?
Yes. Lake appears in the FEMA Community Status Book as Lake, town of, community 280149, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Lake figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.
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