Lake City, CO

Colorado

Lake City is a small town in Colorado with a population of 474. Residents earn $62,422 per year, which is 17% below the national average.

3.9 /5.0
B+ Good
474 Population 571/sq mi density
$62,422 Median Income $47,953 per capita
$409,300 Home Value $480,006 Zillow
$965 Median Rent
40°F Avg Temperature
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$62,422 median income, 0.0% unemployment
C+
Affordability
3.0 / 5.0
$409,300 home value, $965/mo rent
A
Education
4.4 / 5.0
43.1% bachelor's degree or higher
Median Income $62,422
17% lower than US avg
Home Value $409,300
45% higher than US avg
Bachelor's+ 43.1%
28% higher than US avg
Median Rent $965
17% lower than US avg
Obesity Rate 23.7%
26% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 0.0%
100% lower than US avg

How Lake City Compares to the U.S. Average (100% = U.S. avg)

People

Population474
Median Age54.4 yrs
Density571/mi²
Male / Female49% / 51%
Largest GroupWhite 87%

Economy

A
Median Income$62,422
Per Capita$47,953
Unemployment0.0%
Poverty0.0%
County GDP$309M
Commute7 min

Housing

C+
Home Value$409,300
Rent$965
OwnershipN/A
Zillow$480,006

Crime

ViolentN/A
PropertyN/A

Health

Obesity23.7%
UninsuredN/A
Depression23.4%
Heart Disease4.4%

Climate

Avg Temp40°F
AQI41 (Good)
Rain14.3 in/yr
Elevation8,863 ft

Education

A
Bachelor's+43.1%
High School+100.0%
School Score3.89

Community

2024 VoteR 38% / D 60%
Commute7 min
EV Stations3
Libraries2

Is Lake City a Good Place to Live?

Based on current data, Lake City receives an overall livability score of 3.9 out of 5.0, earning a grade of B+. Key strengths include low unemployment, a highly educated population, a low poverty rate. Areas to be aware of include high housing costs. Lake City offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Lake City is $62,422, 17% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 7 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Lake City is $409,300, 45% above the national median. Renters pay a median of $965 per month, below the national average — a plus for affordability. The price-to-income ratio of 6.6x means housing costs are stretched relative to local earnings.

Education

Educational attainment is solid, with 43.1% holding a bachelor's degree or higher, near the national average. 100.0% have completed high school. School test scores average 3.9/10, below typical benchmarks.

Climate & Weather

Lake City has a cool climate with an average annual temperature of 40°F. Winters average 17°F in January while summers reach 62°F in July. Annual precipitation totals 14.3 inches. Air quality is rated Good with a median AQI of 41.

Lake City has a population of 474 with a density of 571 people per square mile. The median age is 54.4 years, 40% older than the national median of 38.9. The city is predominantly White (86.5%), with 3.8% Hispanic.

Population

474
Total Population
571
People / sq mi
54.4yrs
Median Age
40% above US avg
0.8mi²
Land Area

Gender Distribution

Male 48.7%
Female 51.3%

Race & Ethnicity

Lake City vs U.S. Average

Language Spoken at Home

English Only96.7%
23% above US avg
Spanish3.3%
75% below US avg

Social Characteristics

Lake City vs U.S. Average

The median household income in Lake City is $62,422, which is 17% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 7 minutes.

Income: Lake City vs U.S.

Commute Mode

Income

Median HH Income$62,422
17% below US avg
Per Capita Income$47,953
Avg Weekly Wage$964
IRS Avg AGI$110,591

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)396
County GDP$309M

Business (County)

Restaurants63
Healthcare18
Retail43
Manufacturing8

Tax & Cost of Living

Property Tax (IRS)$4,309
23% above US avg
Effective Tax Rate1.05%

Commute & Transportation

Commute Time7.1 min
Work from Home15.7%

Walkability

The median home value in Lake City is $409,300, 45% above the national average. Monthly rent averages $965 (17% below US avg). Zillow estimates the typical home value at $480,006.

Home Value Sources

Ownership Split

Home Values

Census Median$409,300
45% above US avg
Zillow ZHVI$480,006

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$965
17% below US avg

HUD Fair Market Rent

Studio$1,017
1 Bedroom$1,024
2 Bedrooms$1,343
3 Bedrooms$1,714
4 Bedrooms$2,106

Ownership & Property

Owner-Occupied78.7%

Property Tax

Avg Tax (IRS)$4,309
23% above US avg
Effective Rate1.05%
In Lake City, 23.7% of adults are obese (below the 32.1% national rate). 23.4% report depression. 12.8% are physically inactive.

Health Metrics: Lake City vs U.S. Average (%)

Chronic Conditions

Obesity23.7%
26% below US avg
Diabetes6.3%
Heart Disease4.4%
High Blood Pressure23.6%
Asthma10.9%
COPD4.1%
Stroke2.2%

Behaviors & Mental Health

Binge Drinking20.9%
Physical Inactivity12.8%
Depression23.4%
Mental Distress15.8%
Physical Distress10.0%

Healthcare Access

Insurance Rate82.2%
Checkup Rate70.4%
Premature Death4,077/100K

Food & Exercise

Food Environment9.1/10
Exercise Access60.0%
Healthcare Facilities18

Crime Rates: Lake City vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)1

Safety Score

Lake City has an average annual temperature of 40°F (5°C). Winters average 17°F in January while summers reach 62°F in July. Annual precipitation is 14.3 inches. Air quality is rated Good with a median AQI of 41.

Temperature

17°F Jan (-8°C) 62°F Jul (17°C)
Annual Average40.3°F
25% below US avg
January Average17°F (-8°C)
July Average62°F (17°C)

Precipitation & Snow

Annual Rainfall14.3 inches
62% below US avg

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation8,863 ft (2,701 m)
Area0.8 sq mi (2.1 km²)
Population Density571/sq mi
Coordinates38.0216°N, 107.3107°W
County FIPS08091
It is classified as Nonmetro — Rural. 43.1% of residents hold a bachelor's degree or higher (28% above US avg). In the 2024 election, the county voted Democrat by a 21.2-point margin.

2024 Presidential Election (County)

R 38.4%
D 59.6%

Winner: Democrat by 21.2 points

Education

Bachelor's Degree+43.1%
28% above US avg
High School+100.0%
School Test Score3.89
A Education Grade (4.4/5.0)

Urban-Rural Classification

RUCC Code 9Nonmetro — Rural
Population Density571/sq mi
Total Area0.8 sq mi

Infrastructure & Services

EV Charging Stations3
Alt Fuel Stations3
Public Libraries2
Healthcare Facilities18
Restaurants63
Retail Stores43

Safety & Disasters

Fatal Crashes (County/yr)1

Commute & Transportation

Avg Commute7.1 min
Work from Home15.7%

Nearby Cities

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