Laketown is located in north Utah. Laketown is part of Rich County. Laketown has 2.58 square miles of land area and 0.02 square miles of water area. As of 2010-2014, the total Laketown population is 243, which has grown 29.26% since 2000. The population growth rate is higher than the state average rate of 27.98% and is much higher than the national average rate of 11.61%. Laketown median household income is $70,179 in 2010-2014 and has grown by 15.25% since 2000. The income growth rate is much lower than the state average rate of 30.88% and is much lower than the national average rate of 27.36%. Laketown median house value is $187,500 in 2010-2014 and has grown by 119.81% since 2000. The house value growth rate is much higher than the state average rate of 45.45% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Laketown is much better than the state average in quality. The Laketown area code is 435.