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Lake City, IA

Full City Profile · Iowa · Calhoun County County

3.2 /5.0
B Good
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 20.8% income on rent
47°F Avg Temperature 260 sunny days/yr
485 Violent Crime/100K 970 property/100K
B
Overall
3.2 / 5.0
Good 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
F
Safety
1.0 / 5.0
485 violent crimes/100K (28% above avg)
C+
Education
2.7 / 5.0
21.1% bachelor's degree or higher

Income Overview

Median Household Income
$64,375
14% below
US avg: $75,149
Per Capita Income
$32,810
16% below
US avg: $39,052
Unemployment Rate
1.0%
72% below
US avg: 3.6%
Poverty Rate
5.7%
54% below
US avg: 12.4%

Income Comparison: Lake City vs. U.S. Average

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

Median Household
US: $75,149
$64,375
86%
Per Capita
US: $39,052
$32,810
84%
IRS Avg AGI
US: $72,000
$75,557
105%
Avg Weekly Wage
US: $1,432
$925
65%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$925
35% below US avg ($1,432)
Mean Commute Time
16 min
43% below US avg (28 min)
Work From Home
3.8%
75% below US avg (15.2%)
Drive Alone
78.9%
8% above US avg (73.2%)
Public Transit
1.2%
76% below US avg (5.0%)
County GDP
$560M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 78.9%
Public Transit 1.2%
Work From Home 3.8%
Other 16.1%
Average commute time
16 minutes
US avg: 28 min

Business Landscape

Total Establishments
325
Restaurants
15
Healthcare
31
Retail
49
Manufacturing
12

Tax & Financial

IRS Avg Adjusted Gross Income
$75,557
5% above US avg ($72,000)
Avg Property Tax
$3,718
6% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$64,375
Per Capita Income$32,810
IRS Avg Adjusted Gross Income$75,557
Avg Weekly Wage$925
County GDP$560M

Hardship Indicators

Unemployment Rate1.0%
Poverty Rate5.7%
Gini Coefficient0.450
Cost of Living Index87.8

Commute

Mean Commute16 minutes
Drive Alone78.9%
Public Transit1.2%
Work From Home3.8%

Businesses

Total Establishments325
Restaurants15
Healthcare31
Retail49
Manufacturing12

Tax

IRS Avg AGI$75,557
Avg Property Tax$3,718