At a Glance
Median Income
$51,175
$27,065 per capita
Home Value
$178,600
Zillow: $264,618
Median Rent
$940/mo
31.5% of income on rent
Bachelor's Degree+
25.4%
89.0% high school+
Unemployment
5.3%
17.1% poverty rate
Obesity Rate
41.8%
18.2% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Lake City a Good Place to Live?
B+
3.6 / 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 $51,175 , which is 32% below the national average of $75,149.
Per capita income is $27,065. The unemployment rate stands at 5.3% (47% above the U.S. rate of 3.6%). 17.1% of residents live below the poverty line. The area is home to 1,818 business establishments, including 140 restaurants.
Housing & Cost of Living
The median home value in Lake City is $178,600 , 37% below the national median of $281,900.
Zillow estimates the typical home at $264,618. Median rent is $940/month, with 31.5% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1980.
Education
25.4% of adults in Lake City hold a bachelor's degree or higher
(25% below the national average).
89.0% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Lake City has an average annual temperature of 67°F (20°C).
Winters average 52°F in January while summers reach 80°F in July. Annual precipitation totals 54.0 inches.
Data Overview
People
Population12,404
Median Age38.2 yrs
Density867/mi²
Male / Female51% / 49%
Foreign Born3.6%
Veterans10.2%
Economy
C+
Median Income$51,175
Per Capita$27,065
Unemployment5.3%
Poverty17.1%
County GDP$3,523M
Avg Weekly Wage$986
Housing
A+
Home Value$178,600
Rent$940
Ownership39.8%
Zillow$264,618
Housing Units5,476
Rent Burden31.5%
Health
Obesity41.8%
Diabetes14.1%
Smoking18.2%
Heart Disease6.9%
Premature Death12,795/100K
Climate
Avg Temp67°F
Rain54.0 in/yr
Elevation194 ft
Education
B
Bachelor's+25.4%
High School+89.0%
Graduate+7.1%
School Score5.6/10
Community
2024 VoteR 75% / D 25%
Commute22 min
Broadband83.8%
Internet Speed94 Mbps
EV Stations21
Libraries3
Did You Know?
Lake City was founded in 1821.
The median home in Lake City was built in 1980.
The nearest airport is Gainesville Regional (41 miles).
The Gini coefficient (income inequality) is 0.466 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
19.4% of the population has a disability.
There are 140 restaurants in the area.
The county recorded 20 fatal vehicle crashes.