Lake City, IA

Iowa

Lake City is a small town in Iowa with a population of 1,652. Residents earn $64,375 per year, which is 14% below the national average.

4.0 /5.0
A Great
1,652 Population 343/sq mi density
$64,375 Median Income $32,810 per capita
$103,300 Home Value $142,584 Zillow
$761 Median Rent
47°F Avg Temperature
A
Overall
4.0 / 5.0
Great overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$64,375 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$103,300 home value, $761/mo rent
C+
Education
2.7 / 5.0
21.1% bachelor's degree or higher
Median Income $64,375
14% lower than US avg
Home Value $103,300
63% lower than US avg
Bachelor's+ 21.1%
37% lower than US avg
Median Rent $761
35% lower than US avg
Obesity Rate 39.7%
24% higher than US avg
Unemployment 1.0%
72% lower than US avg
Poverty Rate 5.7%
54% lower than US avg

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

People

Population1,652
Median Age46.9 yrs
Density343/mi²
Male / Female47% / 53%
Largest GroupWhite 91%

Economy

A
Median Income$64,375
Per Capita$32,810
Unemployment1.0%
Poverty5.7%
County GDP$560M
Commute16 min

Housing

A+
Home Value$103,300
Rent$761
OwnershipN/A
Zillow$142,584

Crime

ViolentN/A
PropertyN/A

Health

Obesity39.7%
UninsuredN/A
Depression22.2%
Heart Disease5.4%

Climate

Avg Temp47°F
AQI43 (Good)
Rain33.8 in/yr
Elevation1,242 ft

Education

C+
Bachelor's+21.1%
High School+94.0%
School Score5.73

Community

2024 VoteR 73% / D 26%
Commute16 min
Libraries7

Is Lake City a Good Place to Live?

Based on current data, Lake City receives an overall livability score of 4.0 out of 5.0, earning a grade of A. Key strengths include low unemployment, affordable housing, a low poverty rate, high health insurance coverage. Areas to be aware of include high obesity rates. Lake City stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Lake City is $64,375, 14% below the national average of $75,149. The job market is very strong with unemployment at just 1.0%. Only 5.7% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 16 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Lake City is $103,300, 63% below the national median — offering relatively affordable homeownership. Renters pay a median of $761 per month, below the national average — a plus for affordability. At just 1.6x median income, home prices are very affordable relative to local earnings.

Education

21.1% of residents hold a bachelor's degree, below the national average of 33.7%. 94.0% have completed high school. Area schools have an average test score of 5.7/10.

Climate & Weather

Lake City experiences four distinct seasons with an average temperature of 47°F. Winters average 17°F in January while summers reach 73°F in July. Annual precipitation totals 33.8 inches, including 32.1 inches of snow. Air quality is rated Good with a median AQI of 43.

Lake City has a population of 1,652 with a density of 343 people per square mile. The median age is 46.9 years, 21% older than the national median of 38.9. The city is predominantly White (90.7%).

Population

1,652
Total Population
343
People / sq mi
46.9yrs
Median Age
21% above US avg
4.8mi²
Land Area

Gender Distribution

Male 47.4%
Female 52.6%

Race & Ethnicity

Lake City vs U.S. Average

Language Spoken at Home

English Only98.6%
26% above US avg
Spanish1.4%
90% below US avg

Social Characteristics

Lake City vs U.S. Average

The median household income in Lake City is $64,375, which is 14% below the national average of $75,149. The unemployment rate is 1.0% (below the 3.6% US average). 5.7% of residents live below the poverty line. Workers commute an average of 16 minutes.

Income: Lake City vs U.S.

Commute Mode

Income

Median HH Income$64,375
14% below US avg
Per Capita Income$32,810
Avg Weekly Wage$925
IRS Avg AGI$75,557

Employment & Poverty

Unemployment1.0%
72% below US avg
Poverty Rate5.7%
54% below US avg
Establishments (County)325
County GDP$560M

Business (County)

Restaurants15
Healthcare31
Retail49
Manufacturing12

Tax & Cost of Living

Property Tax (IRS)$3,718
6% above US avg
Effective Tax Rate3.60%

Commute & Transportation

Commute Time15.7 min
Work from Home3.8%

Walkability

The median home value in Lake City is $103,300, 63% below the national average. Monthly rent averages $761 (35% below US avg). Zillow estimates the typical home value at $142,584.

Home Value Sources

Ownership Split

Home Values

Census Median$103,300
63% below US avg
Zillow ZHVI$142,584

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$761
35% below US avg

HUD Fair Market Rent

Studio$738
1 Bedroom$788
2 Bedrooms$989
3 Bedrooms$1,282
4 Bedrooms$1,420

Ownership & Property

Owner-Occupied75.2%

Property Tax

Avg Tax (IRS)$3,718
6% above US avg
Effective Rate3.60%
In Lake City, 39.7% of adults are obese (above the 32.1% national rate). 22.2% report depression. 24.2% are physically inactive.

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

Chronic Conditions

Obesity39.7%
24% above US avg
Diabetes9.2%
Heart Disease5.4%
High Blood Pressure29.8%
Asthma10.3%
COPD6.3%
Stroke2.8%

Behaviors & Mental Health

Binge Drinking22.5%
Physical Inactivity24.2%
Depression22.2%
Mental Distress18.2%
Physical Distress12.2%

Healthcare Access

Insurance Rate97.7%
Checkup Rate75.0%
Premature Death7,619/100K

Food & Exercise

Food Environment8.3/10
Exercise Access43.4%
Healthcare Facilities31

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 47°F (8°C). Winters average 17°F in January while summers reach 73°F in July. Annual precipitation is 33.8 inches. Air quality is rated Good with a median AQI of 43.

Temperature

17°F Jan (-8°C) 73°F Jul (23°C)
Annual Average47.2°F
13% below US avg
January Average17°F (-8°C)
July Average73°F (23°C)

Precipitation & Snow

Annual Rainfall33.8 inches
11% below US avg
Snowfall32.1 inches/yr

Air Quality

AQI Median43.0
RatingGood

Geography

Elevation1,242 ft (379 m)
Area4.8 sq mi (12.5 km²)
Population Density343/sq mi
Coordinates42.2677°N, 94.7311°W
County FIPS19025
It is classified as Nonmetro — Rural. 21.1% of residents hold a bachelor's degree or higher (37% below US avg). In the 2024 election, the county voted Republican by a 46.7-point margin.

2024 Presidential Election (County)

R 72.8%
D 26.1%

Winner: Republican by 46.7 points

Education

Bachelor's Degree+21.1%
37% below US avg
High School+94.0%
School Test Score5.73
C+ Education Grade (2.7/5.0)

Urban-Rural Classification

RUCC Code 9Nonmetro — Rural
Population Density343/sq mi
Total Area4.8 sq mi

Infrastructure & Services

Public Libraries7
Healthcare Facilities31
Restaurants15
Retail Stores49

Safety & Disasters

Fatal Crashes (County/yr)1

Commute & Transportation

Avg Commute15.7 min
Work from Home3.8%

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