Lake Dreamland, Louisville, KY demographics:
population, income, and more

Total population
2,351
0.6% year-over-year change
Median household income
$56,441/yr
12.4% year-over-year change
Housing units
1,009
-1.9% year-over-year change

Lake Dreamland population

How many people live in Lake Dreamland

Lake Dreamland is home to 2,351 residents, according to the most recent Census data. Gender-wise, 46.9% of Lake Dreamland locals are male, and 53.1% are female.

Total population
2,351
0.6% year-over-year change
Gender ratio
Male
46.9%
1,102
Female
53.1%
1,249
Value Percent YoY change
Male 1,102 46.9% 1.0%
Female 1,249 53.1% 0.3%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Lake Dreamland is 39, with the population distributed as follows: about 19.7% are children under 15, then 11.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 26.4% of the population, while another 25.5% fall into the 45 to 64 bracket. Finally, around 17.1% are 65 or older.

Median age
38.9
Age breakdown
Under 15
19.7%
15 to 24
11.3%
25 to 44
26.4%
45 to 64
25.5%
Over 65
17.1%
Value Percent YoY change
Under 15 463 19.7% 2.2%
15 to 24 266 11.3% -7.6%
25 to 44 621 26.4% 6.3%
45 to 64 599 25.5% -0.7%
Over 65 402 17.1% -1.7%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Lake Dreamland, 91.4% of the population are US-born citizens, while 4.5% have gained naturalized citizenship. At the same time, 4.1% of residents are non-citizens. As for race, 43.2% of locals are Caucasian, 42.8% are African American and 1.4% have Asian roots. There’s also a share of 10.2% that includes residents with two or more races.

Citizenship
U.S.-born citizens
91.4%
Non-U.S.-born citizens
4.5%
Non-citizens
4.1%
Value Percent YoY change
U.S.-born citizens 2,150 91.4% 0.6%
Non-U.S.-born citizens 105 4.5% -5.4%
Non-citizens 97 4.1% 9.0%
Racial breakdown
White
43.2%
Black or African American
42.8%
American Indian and Alaska Native
0%
Asian
1.4%
Native Hawaiian and other Pacific Islander
0%
Two or more races
10.2%
Other
2.5%
Value Percent
White 1,016 43.2%
Black or African American 1,005 42.8%
American Indian and Alaska Native 1 0%
Asian 32 1.4%
Two or more races 239 10.2%
Other 58 2.5%

Households in Lake Dreamland

A peek inside Lake Dreamland households

Lake Dreamland has 926 households, with an average of 2 members in each. Of these, 62.1% are families, while the remaining 37.9% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
926
-3.0% year-over-year change
Average people per household
2
Non-family households
351
Family households
575
Value Percent YoY change
Non-family households 351 37.9% -6.7%
Family households 575 62.1% -0.9%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Lake Dreamland

The housing landscape of Lake Dreamland

Lake Dreamland's housing consists of 1,009 units, with 73.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.7% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 2% of the housing landscape.

Housing units
1,009
-1.9% year-over-year change
Housing types
Value Percent
1 unit, detached 741 73.4%
1 unit, attached 7 0.7%
2 units 8 0.8%
3 or 4 units 65 6.4%
5 to 9 units 46 4.6%
10 to 19 units 70 6.9%
20 to 49 units 35 3.5%
50 or more units 17 1.7%
Mobile home 20 2%
Homes built since 2020
7
600.0% year-over-year change

The age of buildings in Lake Dreamland

In Lake Dreamland, the median construction year is 1963. About 3.8% of homes were built before the 1940s, with another 6.1% going up by 1949. Most development happened in the second half of the 20th century. Then, 4.7% of homes were added from 2000 to 2009, 3.7% between 2010 and 2019, and 0.7% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 38 3.8% 8.6%
Built between 1940 and 1949 62 6.1% 6.9%
Built between 1950 and 1959 342 33.9% -1.7%
Built between 1960 and 1969 241 23.9% -0.4%
Built between 1970 and 1979 133 13.2% -5.7%
Built between 1980 and 1989 29 2.9% -6.5%
Built between 1990 and 1999 73 7.2% -6.4%
Built between 2000 and 2009 47 4.7% -4.1%
Built between 2010 and 2019 37 3.7% -17.8%
Built in 2020 or later 7 0.7% 600.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Lake Dreamland occupancy rates

Out of the 926 occupied housing units in Lake Dreamland, 66.1% are owner-occupied, while 33.9% are lived in by tenants. Meanwhile, 8.2% of all homes on the local market sit vacant.

Occupied housing units
926
-3.0% year-over-year change
Occupancy breakdown
Renter occupied
314
Owner occupied
612
Value Percent YoY
change
Renter occupied 314 33.9% -4.6%
Owner occupied 612 66.1% -2.2%
Unoccupied housing units
8.2%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Lake Dreamland housing costs

Housing costs in Lake Dreamland come to a median of $1,015 per month, while tenants specifically pay a median gross rent of $945.

Median housing costs per month
$1,015/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Lake Dreamland
$945/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Lake Dreamland

Lake Dreamland education at a glance

About 52.2% of the population in Lake Dreamland went to high school, while 22.9% pursued college studies. Another 8.2% earned an associate degree and 10% hold a bachelor’s. Meanwhile, 3.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 60 3.3% -3.2%
High school diploma 938 52.2% 0.5%
College diploma 412 22.9% -1.7%
Associate degree 148 8.2% -1.3%
Bachelor's degree 180 10% 5.3%
Graduate degree 58 3.2% 7.4%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Lake Dreamland

How much people earn in Lake Dreamland

The average annual household income in Lake Dreamland was $69,248 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.1% change from the previous year. At the same time, the median income stood at $56,441, reflecting a +12.4% shift over the same period.

Average household income in Lake Dreamland
$69,248/year
2.1% year-over-year change
Median household income in Lake Dreamland
$56,441/year
12.4% year-over-year change

Lake Dreamland income by age

In Lake Dreamland, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $63,918. Those with someone between 45 and 64 in charge, often well established professionally, earn $62,500 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $22,778, while those led by someone over 65, many of whom may be retired, have about $39,858 in earnings. Overall, 83.7% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $22,778 -7.0%
25 - 44 $63,918 20.7%
45 - 64 $62,500 -0.9%
Over 65 $39,858 2.9%
Above poverty level
1,920
Below poverty level
373
Value Percent YoY
change
Above poverty level 1,920 83.7% 4.3%
Below poverty level 373 16.3% -12.7%

Employment in Lake Dreamland

Workforce and job types in Lake Dreamland

66.7% of the working population are employed in professional or administrative positions, while 33.3% are in hands-on or service-based jobs. Also, 7.1% run their own businesses, 75.4% are employed by private companies, and 11.1% work in the public sector.

Workforce demographics

White collar
702
Blue collar
351
Value Percent YoY change
White collar 702 66.7% 1.9%
Blue collar 351 33.3% -2.2%
Employer type
Self employees
7.1%
Private companies
75.4%
Governmental workers
11.1%
Not for profit companies
6.4%
Value Percent YoY change
Self employees 75 7.1% -3.9%
Private companies 793 75.4% 3.8%
Governmental workers 117 11.1% -10.0%
Not for profit companies 67 6.4% -11.8%

Transportation in Lake Dreamland

How people get around in Lake Dreamland

In Lake Dreamland, the average commute time is 1 minutes. Commuting methods vary: 96% of residents travel by personal vehicle and 0.1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Commute time
1 min
0.0% year-over-year change
Means of transportation
Value Percent YoY change
Car 864 96% -1.3%
Taxicab 1 0.1% -50.0%
Bus or trolleybus 34 3.8% -17.1%
Walk 1 0.1% -50.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Lake Dreamland by zipcode?

Zipcode Population Number of households Median income Average income
40216 44,047 17,342 $56,441 $69,715

Explore more communities

FAQs about Lake Dreamland demographics 

What is the total population of Lake Dreamland?

Lake Dreamland has a total population of 2,351 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +0.6% compared to a year ago.

What is the gender ratio in Lake Dreamland?

The gender ratio in Lake Dreamland is as follows:
  • 46.9% males (1,102 residents)
  • 53.1% females (1,249 residents)

What is the median age in Lake Dreamland?

The median age in Lake Dreamland is 38.9.

What is the age distribution of the population in Lake Dreamland?

The age distribution in Lake Dreamland is as follows:
  • Under 15: 19.7% (463 residents)
  • Ages 15-24: 11.3% (266 residents)
  • Ages 25-44: 26.4% (621 residents)
  • Ages 45-64: 25.5% (599 residents)
  • Over 65: 17.1% (402 residents)

What is the racial and ethnic makeup of Lake Dreamland?

The racial and ethnic makeup of Lake Dreamland is as follows:
  • White: 43.2% (1,016 residents)
  • Black or African American: 42.8% (1,005 residents)
  • American Indian and Alaska Native: 0% (1 residents)
  • Asian: 1.4% (32 residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 10.2% (239 residents)
  • Other: 2.5% (58 residents)

What percentage of the population in Lake Dreamland are U.S.-born citizens?

U.S.-born citizens represent 91.4% of the population in Lake Dreamland.

How many housing units are there in Lake Dreamland?

There are 1,009 housing units in Lake Dreamland, reflecting a -1.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Lake Dreamland and what is the average household size?

Lake Dreamland has a total of 926 households, with an average of 2 people in each.

What is the median household income in Lake Dreamland?

Lake Dreamland has a median household income of $56,441, representing a +12.4% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Lake Dreamland?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 66.7% (702 residents)
  • Blue-collar workers: 33.3% (351 residents)

Places of employment:
  • Self-employed: 7.1% (75 residents)
  • Private companies: 75.4% (793 residents)
  • Governmental workers: 11.1% (117 residents)
  • Not-for-profit companies: 6.4% (67 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025