Last updated: 2024 BLS data · Page refreshed:
Lake City has a population of 2,909 with a median age of 45.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,909 |
| Median Age | 45.5 |
| White | 11.6% |
| Black or African American | 32.2% |
| Asian | 31.9% |
| Hispanic or Latino | 19.8% |
| Other / Two or More Races | 4.5% |
The median household income in Lake City is $54,464, which is 32.4% below the national median of $80,610. The per capita income is $27,104. The poverty rate is 19.1%.
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In Lake City, 56.3% of residents age 25+ have a high school diploma or higher, and 10.7% hold a bachelor's degree or higher (2.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 56.3% |
| Bachelor's Degree or Higher | 10.7% |
| Graduate or Professional Degree | 2.1% |
The median home value in Lake City is $192,500, below the national median of $303,400. The median monthly rent is $1,133. The homeownership rate is 53.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $192,500 |
| Median Monthly Rent | $1,133 |
| Homeownership Rate | 53.0% |
| Vacancy Rate | 7.8% |
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