The Town FilesLake Park, North Carolina
Village in Union County · population 3,269 (2020 Census)
- Median home
- $334,500
- Household income
- $66,411
- Jan low / Jul high
- 32° / 91°
- Snow a year
- 2 in
- Tornadoes ≤10 mi since 1950
- 19
- Median age
- 43.6
Lake Park is a village of 3,269 people in Union County, North Carolina. The median home is worth $334,500, above the typical North Carolina town ($228,900). It ranks better for first-time buyers than 99% of North Carolina towns, more vibrant than 98% of North Carolina towns, more of a college town than 90% of North Carolina towns.
How Lake Park ranks
Percentile among North Carolina towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of North Carolina towns.
Homes and cost of living
The median home in Lake Park is worth $334,500, above the typical North Carolina town ($228,900). Homes cost about 5.0 times the median household income of $66,411, which is more affordable than 16% of North Carolina towns. Median rent is $2,040 a month. 78.1% of households own their home.
| Housing | Lake Park | Typical North Carolina town |
|---|---|---|
| Median home value | $334,500 | $228,900 |
| Median rent | $2,040 | $969 |
| Median household income | $66,411 | $60,458 |
| Home value ÷ income | 5.0× | 3.7× |
| Homeownership | 78.1% | 69.5% |
| Median year built | 1997 | 1984 |
| Seasonal / vacation homes | 0.0% | — |
Who lives in Lake Park
| People | Lake Park | Typical North Carolina town |
|---|---|---|
| Median age | 43.6 | 41.1 |
| Age 65 and over | 25.3% | 19.0% |
| Under 18 | 19.5% | — |
| Bachelor's degree or higher | 41.4% | 24.5% |
| Below the poverty line | 8.0% | 14.3% |
| Veterans | 5.6% | — |
| Born outside the U.S. | 17.4% | — |
| Work from home | 19.5% | 9.8% |
| Average commute | 31.1 min | 24.6 min |
| Homes with broadband | 97.3% | 89.5% |
Weather in Lake Park
July highs average 90.5°F and January lows 32.0°F. About 37.9 inches of rain and melted snow fall a year, with 2.1 inches of snow (typical North Carolina town: 2.2 in). Expect about 51 days a year at 90°F or hotter and 58 nights at or below freezing.
Tornadoes, storms and disasters
19 tornadoes have passed within 10 miles of Lake Park since 1950, compared with 13 for the typical North Carolina town. 6 rated (E)F2 or stronger. The strongest, an F4, struck on May 5, 1989 about 2.2 miles from the town center and killed 1. Tornadoes within 10 miles have caused 1 deaths and 23 injuries since 1950. The most recent was on March 5, 2025.
Hail of 1 inch or larger has been reported within 10 miles 49 times; the largest was 2.00 inches on March 20, 1998.
Severe weather in Union County since 1996
Union County has been included in 21 federal disaster or emergency declarations since 1953, most often for drought, tornado, hurricane.
| Declared | Incident | Declaration |
|---|---|---|
| January 24, 2026 | Winter Storm | EM-3637: Severe Winter Storm |
| September 28, 2024 | Tropical Storm | DR-4827: Tropical Storm Helene |
| September 26, 2024 | Tropical Storm | EM-3617: Hurricane Helene |
| August 6, 2024 | Tropical Storm | EM-3608: Tropical Storm Debby |
| October 1, 2022 | Hurricane | EM-3586: Hurricane Ian |
Jobs and pay in Union County
Union County had 74,299 jobs in 2024, paying an average of $61,500 a year. Unemployment was 3% in 2023; in Lake Park itself the ACS puts it at 3.5%.
Towns near Lake Park
- Indian Trail, NC1.4 mi · 39,997 people · home $385,000
- Stallings, NC2.3 mi · 16,112 people · home $428,000
- Matthews, NC4.9 mi · 29,435 people · home $445,100
- Wesley Chapel, NC6.4 mi · 8,681 people · home $535,500
- Mint Hill, NC6.6 mi · 26,450 people · home $428,900
- Unionville, NC6.6 mi · 6,643 people · home $336,200
- Monroe, NC7.1 mi · 34,562 people · home $309,100
- Weddington, NC7.2 mi · 13,181 people · home $824,100
Lake Park questions
Is Lake Park, North Carolina a good place to retire?
On The Town Files lifestyle rankings, Lake Park scores better for retirees than 7% of North Carolina towns and quieter than 4%. 25.3% of residents are 65 or older (median age 43.6).
How much does a house cost in Lake Park?
The median owner-occupied home in Lake Park is valued at $334,500 (Census ACS 2020–2024), against a median household income of $66,411, so homes cost about 5.0 times income. Median rent is $2,040 a month.
What is the weather like in Lake Park?
July highs average 90.5°F and January lows 32.0°F (NOAA 1991–2020 normals). It gets about 37.9 inches of precipitation a year and 2.1 inches of snow.
Does Lake Park get tornadoes?
19 tornadoes have passed within 10 miles of Lake Park since 1950 (NOAA Storm Events); the strongest was a F4 on May 5, 1989. The typical North Carolina town has had 13.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)