Lake City, MN

Full City Profile · Minnesota · Wabasha County County

4.3 /5.0
A Great
5,021 Population 1,118/sq mi density
$76,125 Median Income $42,584 per capita
$234,100 Home Value $322,021 Zillow
$1,022 Median Rent 31.6% income on rent
45°F Avg Temperature
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.5 / 5.0
$76,125 median income, 0.4% unemployment
A+
Affordability
5.0 / 5.0
$234,100 home value, $1,022/mo rent
B+
Education
3.6 / 5.0
32.0% bachelor's degree or higher

Population Overview

Total Population
5,021
Census 2023
Population Density
1,118
per square mile
Land Area
4.5
square miles (11.6 km²)
Median Age
48.4 yrs
24% above US avg (38.9 yrs)

Gender Distribution

45.5%
Male
54.5%
Female
46%
55%

Race & Ethnicity

White 93.4% US: 61.6%
Black 1% US: 12.4%
Hispanic 1.2% US: 18.7%
Asian 1.6% US: 5.9%
Other 2.8%
City vs. U.S. Average
White
93.4%
Black
1%
Hispanic
1.2%
Asian
1.6%
Thin line = U.S. average

Language Spoken at Home

English Only 97% US: 78.5%
Spanish 2.6% US: 13.4%
City vs. U.S. Average
English Only
97%
Spanish
2.6%
Thin line = U.S. average

Social Characteristics

Foreign Born
2.7%
Veterans
7.3%
22% above US avg (6%)
Disability
12.5%
4% below US avg (13%)
Health Insurance Coverage
97.4%
7% above US avg (91.4%)
Uninsured
2.6%
70% below US avg (8.6%)
Income Inequality (Gini)
0.412
US avg: 0.490 (0 = perfect equality, 1 = max inequality)

Complete Demographics Data

Population

Total Population5,021
Population Year2023
Population Density1,118 / sq mi
Land Area4.5 sq mi
Median Age48.4 years

Gender

Male45.5%
Female54.5%

Race & Ethnicity

White93.4%
Black or African American1.0%
Hispanic or Latino1.2%
Asian1.6%

Language

English Only97.0%
Spanish2.6%

Social Indicators

Foreign Born2.7%
Veterans7.3%
Disability12.5%
Health Insurance97.4%
Uninsured2.6%
Broadband Access88.1%
Gini Coefficient0.412

Classification

USDA Rural-Urban Code3, Metro / under 250K