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Lake City, MI
Full City Profile · Michigan · Missaukee County County
3.2
/5.0
B
Good
669
Population
637/sq mi density
$59,750
Median Income
$34,170 per capita
$157,500
Home Value
$355,495 Zillow
$666
Median Rent
33.4% income on rent
44°F
Avg Temperature
270 sunny days/yr
565
Violent Crime/100K
3,304 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$59,750 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$157,500 home value, $666/mo rent
F
Safety
1.0 / 5.0
565 violent crimes/100K (49% above avg)
C+
Education
2.9 / 5.0
23.5% bachelor's degree or higher
Income Overview
Median Household Income
$59,750
20% below
US avg: $75,149
Per Capita Income
$34,170
13% below
US avg: $39,052
Unemployment Rate
2.6%
28% below
US avg: 3.6%
Poverty Rate
3.8%
69% 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
$59,750
80%
Per Capita
US: $39,052
$34,170
87%
IRS Avg AGI
US: $72,000
$57,174
79%
Avg Weekly Wage
US: $1,432
$886
62%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$886
38% below US avg ($1,432)
Mean Commute Time
17 min
39% below US avg (28 min)
Work From Home
0.8%
95% below US avg (15.2%)
Drive Alone
75.1%
3% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$678M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
75.1%
Public Transit
0%
Work From Home
0.8%
Other
24.1%
Average commute time
17 minutes
US avg: 28 min
Business Landscape
Total Establishments
388
Restaurants
23
Healthcare
30
Retail
41
Manufacturing
24
Tax & Financial
IRS Avg Adjusted Gross Income
$57,174
21% below US avg ($72,000)
Avg Property Tax
$4,479
28% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $59,750 |
| Per Capita Income | $34,170 |
| IRS Avg Adjusted Gross Income | $57,174 |
| Avg Weekly Wage | $886 |
| County GDP | $678M |
Hardship Indicators
| Unemployment Rate | 2.6% |
| Poverty Rate | 3.8% |
| Gini Coefficient | 0.422 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 17 minutes |
| Drive Alone | 75.1% |
| Public Transit | 0.0% |
| Work From Home | 0.8% |
Businesses
| Total Establishments | 388 |
| Restaurants | 23 |
| Healthcare | 30 |
| Retail | 41 |
| Manufacturing | 24 |
Tax
| IRS Avg AGI | $57,174 |
| Avg Property Tax | $4,479 |