At a Glance
Median Income
$64,375
$32,810 per capita
Home Value
$103,300
Zillow: $157,488
Median Rent
$761/mo
20.8% of income on rent
Bachelor's Degree+
21.1%
94.0% high school+
Unemployment
1.8%
5.7% poverty rate
Obesity Rate
39.7%
16.2% 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?
A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Lake City residents earn a median household income of $64,375 , which is 14% below the national average of $75,149.
Per capita income is $32,810. The unemployment rate stands at 1.8% (50% below the U.S. rate of 3.6%). 5.7% of residents live below the poverty line. The area is home to 325 business establishments, including 15 restaurants.
Housing & Cost of Living
The median home value in Lake City is $103,300 , 63% below the national median of $281,900.
Zillow estimates the typical home at $157,488. Median rent is $761/month, with 20.8% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1956.
Education
21.1% of adults in Lake City hold a bachelor's degree or higher
(37% below the national average).
94.0% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
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 totals 33.8 inches.
Data Overview
People
Population1,652
Median Age46.9 yrs
Density343/mi²
Male / Female47% / 53%
Foreign Born0.4%
Veterans5.0%
Economy
A
Median Income$64,375
Per Capita$32,810
Unemployment1.8%
Poverty5.7%
County GDP$560M
Avg Weekly Wage$925
Housing
A+
Home Value$103,300
Rent$761
Ownership75.2%
Zillow$157,488
Housing Units756
Rent Burden20.8%
Health
Obesity39.7%
Diabetes9.2%
Smoking16.2%
Heart Disease5.4%
Premature Death7,619/100K
Climate
Avg Temp47°F
Rain33.8 in/yr
Elevation1,242 ft
Education
C+
Bachelor's+21.1%
High School+94.0%
Graduate+7.3%
School Score6.0/10
Community
2024 VoteR 73% / D 26%
Commute16 min
Broadband86.8%
Internet Speed71 Mbps
EV Stations1
Libraries7
Did You Know?
Lake City was founded in 1856.
The median home in Lake City was built in 1956.
The nearest airport is Fort Dodge Regional (34 miles).
The Gini coefficient (income inequality) is 0.450 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
17.6% of the population has a disability.
The county recorded 1 fatal vehicle crashes.