Lake City, CO

Full City Profile · Colorado · Ouray County County

3.9 /5.0
B+ Good
474 Population 571/sq mi density
$62,422 Median Income $47,953 per capita
$409,300 Home Value $492,134 Zillow
$965 Median Rent 22.7% income on 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

Lake City, CO

At a Glance

Median Income
$62,422
17% below
$47,953 per capita
Home Value
$409,300
45% above
Zillow: $492,134
Median Rent
$965/mo
17% below
22.7% of income on rent
Bachelor's Degree+
43.1%
28% above
100.0% high school+
Unemployment
0.0%
100% below
0.0% poverty rate
Obesity Rate
23.7%
26% below
9.3% smoking rate
Avg Temperature
40°F

How Lake City Compares to the U.S. Average

Each bar shows Lake City's value as a percentage of the national average (100% = U.S. avg)

Income
83%
Home Value
145%
Rent
83%
Poverty
0%
Bachelor's
128%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Lake City a Good Place to Live?

B+
3.9 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake City residents earn a median household income of $62,422 , which is 17% below the national average of $75,149. Per capita income is $47,953. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 396 business establishments, including 63 restaurants.

Housing & Cost of Living

The median home value in Lake City is $409,300 , 45% above the national median of $281,900. Zillow estimates the typical home at $492,134. Median rent is $965/month, with 22.7% of renters spending more than 30% of income on housing. The cost of living index is 103.1 (100 = national average). The median home was built in 1981.

Education

43.1% of adults in Lake City hold a bachelor's degree or higher (28% above the national average). 100.0% have completed high school. Local schools score 7.4/10 in standardized testing.

Climate & Weather

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 totals 14.3 inches.

Data Overview

People

Population474
Median Age54.4 yrs
Density571/mi²
Male / Female49% / 51%
Foreign Born1.3%
Veterans5.2%

Economy

A
Median Income$62,422
Per Capita$47,953
Unemployment0.0%
Poverty0.0%
County GDP$309M
Avg Weekly Wage$964

Housing

C+
Home Value$409,300
Rent$965
Ownership78.7%
Zillow$492,134
Housing Units492
Rent Burden22.7%

Health

Obesity23.7%
Diabetes6.3%
Smoking9.3%
Heart Disease4.4%
Premature Death4,077/100K

Climate

Avg Temp40°F
Rain14.3 in/yr
Elevation8,863 ft

Education

A
Bachelor's+43.1%
High School+100.0%
Graduate+20.6%
School Score7.4/10

Community

2024 VoteR 38% / D 60%
Commute7 min
Broadband91.2%
Internet Speed34 Mbps
EV Stations3
Libraries2

Did You Know?

The median home in Lake City was built in 1981.
15.7% work from home.
The nearest airport is Telluride Regional (33 miles).
The Gini coefficient (income inequality) is 0.437 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
15.0% of the population has a disability.
The county recorded 1 fatal vehicle crashes.