Last updated: 2024 BLS data · Page refreshed:
Lake City has a population of 5,034 with a median age of 49.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 5,034 |
| Median Age | 49.1 |
| White | 93.2% |
| Black or African American | 0.7% |
| Asian | 1.3% |
| Hispanic or Latino | 3.0% |
| Other / Two or More Races | 1.8% |
The median household income in Lake City is $72,244, which is 10.4% below the national median of $80,610. The per capita income is $41,087. The poverty rate is 5.9%.
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In Lake City, 95.9% of residents age 25+ have a high school diploma or higher, and 28.4% hold a bachelor's degree or higher (13.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.9% |
| Bachelor's Degree or Higher | 28.4% |
| Graduate or Professional Degree | 13.6% |
The median home value in Lake City is $238,700, below the national median of $303,400. The median monthly rent is $871. The homeownership rate is 79.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $238,700 |
| Median Monthly Rent | $871 |
| Homeownership Rate | 79.2% |
| Vacancy Rate | 14.3% |
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