Last updated: 2024 BLS data · Page refreshed:
Drake has a population of 300 with a median age of 42.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 300 |
| Median Age | 42.8 |
| White | 92.7% |
| Black or African American | 2.3% |
| Hispanic or Latino | 5.0% |
The median household income in Drake is $46,000, which is 42.9% below the national median of $80,610. The per capita income is $30,261. The poverty rate is 21.3%.
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In Drake, 93.8% of residents age 25+ have a high school diploma or higher, and 14.8% hold a bachelor's degree or higher (5.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.8% |
| Bachelor's Degree or Higher | 14.8% |
| Graduate or Professional Degree | 5.3% |
The median home value in Drake is $75,600, below the national median of $303,400. The median monthly rent is $700. The homeownership rate is 76.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $75,600 |
| Median Monthly Rent | $700 |
| Homeownership Rate | 76.6% |
| Vacancy Rate | 31.9% |
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