Lake City, MI demographics:
population, income, and more
Lake City population
How many people live in Lake City
Lake City is home to 705 residents, according to the most recent Census data. Gender-wise, 55.7% of Lake City locals are male, and 44.3% are female.
Age demographics
The median age in Lake City is 48, with the population distributed as follows: about 12.3% are children under 15, then 10.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 27% of the population, while another 17.6% fall into the 45 to 64 bracket. Finally, around 33% are 65 or older.
Racial makeup
In Lake City, 95.9% of the population are US-born citizens, while 0.7% have gained naturalized citizenship. At the same time, 3.4% of residents are non-citizens. As for race, 92.8% of locals are Caucasian, 0.6% are African American and 0.6% have Asian roots. There’s also a share of 2.1% that includes residents with two or more races.
Households in Lake City
A peek inside Lake City households
Lake City has 272 households, with an average of 3 members in each. Of these, 68.4% are families, while the remaining 31.6% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Lake City
The housing landscape of Lake City
Lake City's housing consists of 433 units, with 88.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.7% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 1.4% of the housing landscape.
The age of buildings in Lake City
In Lake City, the median construction year is 1971. About 20.8% of homes were built before the 1940s, with another 11.3% going up by 1949. Most development happened in the second half of the 20th century. Then, 3.2% of homes were added from 2000 to 2009, 2.1% between 2010 and 2019, and 2.1% are part of the newest wave of development.
Lake City occupancy rates
Out of the 272 occupied housing units in Lake City, 84.6% are owner-occupied, while 15.4% are lived in by tenants. Meanwhile, 37.2% of all homes on the local market sit vacant.
Lake City housing costs
Housing costs in Lake City come to a median of $750 per month, while tenants specifically pay a median gross rent of $710.
Education in Lake City
Lake City education at a glance
About 28% of the population in Lake City went to high school, while 34.6% pursued college studies. Another 11.2% earned an associate degree and 17.3% hold a bachelor’s. Meanwhile, 6.8% went even further, earning a master’s or doctorate.
Income in Lake City
How much people earn in Lake City
The average annual household income in Lake City was $96,075 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +9.9% change from the previous year. At the same time, the median income stood at $74,583, reflecting a +24.8% shift over the same period.
Lake City income by age
In Lake City, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $119,375. Those with someone between 45 and 64 in charge, often well established professionally, earn $76,667 overall. Overall, 85.8% of the locals in this community live above the poverty line.
Employment in Lake City
Workforce and job types in Lake City
The job market in Lake City is powered by 288 working residents, spread across a range of industries and roles. 68.8% of the working population are employed in professional or administrative positions, while 31.2% are in hands-on or service-based jobs. Also, 7.6% run their own businesses, 62.8% are employed by private companies, and 13.2% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Lake City stands at 3.7%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Lake City
How people get around in Lake City
Commuting methods vary: 89.2% of residents travel by personal vehicle and 8.7% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Lake City by zipcode?
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FAQs about Lake City demographics
What is the total population of Lake City?
What is the gender ratio in Lake City?
- 55.7% males (393 residents)
- 44.3% females (312 residents)
What is the median age in Lake City?
What is the age distribution of the population in Lake City?
- Under 15: 12.3% (87 residents)
- Ages 15-24: 10.1% (71 residents)
- Ages 25-44: 27% (190 residents)
- Ages 45-64: 17.6% (124 residents)
- Over 65: 33% (233 residents)
What is the racial and ethnic makeup of Lake City?
- White: 92.8% (654 residents)
- Black or African American: 0.6% (4 residents)
- American Indian and Alaska Native: 0.1% (1 residents)
- Asian: 0.6% (4 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 2.1% (15 residents)
- Other: 3.8% (27 residents)
What percentage of the population in Lake City are U.S.-born citizens?
How many housing units are there in Lake City?
How many households are in Lake City and what is the average household size?
What is the median household income in Lake City?
What is the employment rate and job market overview for Lake City?
Job types:
- White-collar workers: 68.8% (198 residents)
- Blue-collar workers: 31.2% (90 residents)
Places of employment:
- Self-employed: 7.6% (22 residents)
- Private companies: 62.8% (181 residents)
- Governmental workers: 13.2% (38 residents)
- Not-for-profit companies: 16.3% (47 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.