Median Income
$55,605
household / year
Median Home Value
$82,100
owner-occupied
Median Rent
$775
gross / month
Cost of Living
88
national avg = 100

Is Lake, MS a Good Place to Live?

Lake is a small town of 512 in Mississippi, with a median household income of $55,605 . Its cost of living index is 88 (US average = 100), which is 12% below the national average.

Strengths: Lake stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Lake is right for you depends on your priorities — the full breakdown is below.

All Lake city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 87.8

Lake's overall cost of living index is 87.8, where 100 represents the US national average. Living in Lake costs roughly 12% less than the average American city.

Metric Lake, MS National Avg
Median Home Value $82,100 $244,900
Median Monthly Rent $775 $1,163
Homeownership Rate 70.8% 65.9%
Median Household Income $55,605 $74,755

Crime & Safety

Crime data for Lake is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Lake is served primarily by Scott County School District. The student-to-teacher ratio is 17.2:1 (slightly above the national average of ~16:1).

Metric Lake, MS National Avg
School District Scott County School District —
Elementary Schools 2 —
Middle Schools 2 —
High Schools 3 —
Student/Teacher Ratio 17.2:1 16:1
Bachelor's Degree or Higher 10.7% 35.4%
High School Diploma or Higher 86.3% 91.1%

Weather & Climate

Lake sees average highs of 57.8°F in January and 90.7°F in July, with 59.8 inches of annual precipitation and 0.4 inches of snow per year.

MetricLake, MS
Average High — January57.8°F
Average High — July90.7°F
Annual Precipitation59.8"
Annual Snowfall0.4"

Demographics

MetricLake, MSNational Avg
Population512—
Median Age33.438.9
Unemployment Rate0.0%3.7%
Avg Commute Time18.5 min26 min
White (non-Hispanic)55.1%59.3%
Black or African American41.8%13.6%
Hispanic or Latino0.2%18.9%
Asian0.0%6.3%
Under 1832.8%22.2%
65 and over16.0%16.8%

Nearby Cities

ZIP Codes in Lake

Lake, MS is covered by 2 ZIP codes:

Lake vs Other Cities

Frequently Asked Questions

Lake's cost of living index is 88, where 100 is the national average. That makes Lake roughly 12% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $82,100 and median rent is $775/month.
Crime data for Lake is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Lake are operated by Scott County School District. The district has 2 elementary, 2 middle, and 3 high schools. The student-to-teacher ratio is 17.2:1. 10.7% of adults 25+ hold a bachelor's degree or higher.
Lake, MS has a population of 512, a median household income of $55,605, and an unemployment rate of 0.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lake averages 57.8°F in January and 90.7°F in July. Annual rainfall is 59.8 inches with about 0.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Lake, MS is covered by 2 ZIP codes: 39092, 39336.
The population of Lake, Mississippi is 512 with a median age of 33.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lake: cost of living index 88 (100 = US average), median home $82,100, median household income $55,605, schools rated C. Whether these are benefits or drawbacks depends on where you're coming from — compare Lake side by side with your current city to see the trade-offs.