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Lake City, IA
Full City Profile · Iowa · Calhoun County County
Lake City, IA
At a Glance
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)
Is Lake City a Good Place to Live?
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 1.0% (72% 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 $142,584. 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.
Safety & Crime
Lake City reports 485 violent crimes per 100,000 residents , which is 28% above the national average of 380/100K. Property crime is 970/100K. The murder rate is 0.0/100K.
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. The area gets 260 sunny days per year. Annual precipitation totals 33.8 inches. Air quality is rated Good with a median AQI of 43.