In 2023, Lake City, IA had a population of 1.65k people with a median age of 46.9 and a median household income of $64,375. Between 2022 and 2023 the population of Lake City, IA declined from 1,745 to 1,652, a −5.33% decrease and its median household income grew from $59,704 to $64,375, a 7.82% increase.
The 5 largest ethnic groups in Lake City, IA are White (Non-Hispanic) (88.5%), Two+ (Non-Hispanic) (7.32%), White (Hispanic) (2.18%), Other (Hispanic) (1.45%), and Two+ (Hispanic) (0.303%).
None of the households in Lake City, IA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
99.6% of the residents in Lake City, IA are U.S. citizens.
In 2023, the median property value in Lake City, IA was $103,300, and the homeownership rate was 75.2%.
Most people in Lake City, IA drove alone to work, and the average commute time was 15.7 minutes. The average car ownership in Lake City, IA was 2 cars per household.