Lake City, MI

Census Place

2024 Population

705

US Senator

Gary Peters

Democratic Party

US Senator

Elissa Slotkin

Democratic Party

2024 Median Age

47.5

15% 1-year increase

2024 Poverty Rate

14.2%

6.82% 1-year decrease

2024 Median Household Income

$74,583

24.8% 1-year growth

2024 Median Property Value

$170,300

Population & Diversity

Lake City, MI is home to a population of 705 people, from which 96.6% are citizens.

As of 2024, 4.11% of Lake City, MI residents were born outside of the country (29 people).

In 2024, there were 27.2 times more White (Non-Hispanic) residents (652 people) in Lake City, MI than any other race or ethnicity. There were 24 Other (Non-Hispanic) and 9 Two Races Including Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

96.6%

2024 Citizenship

96.6%

2023 Citizenship

As of 2024, 96.6% of Lake City, MI residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Lake City, MI was 96.6%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Lake City, MI compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake City, MI

White (Non-Hispanic)
652 ± 129
Other (Non-Hispanic)
24 ± 28
Two Races Including Other (Non-Hispanic)
9 ± 19

0.709%

Hispanic Population

5 people

0.709% of the people in Lake City, MI are hispanic (5 people).

The following chart shows the 8 races represented in Lake City, MI as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Michigan.

Most Common Origin

Mexico
83,098 ± 7,048 people
India
80,532 ± 6,939 people
Iraq
55,181 ± 5,751 people

In 2024, the most common birthplace for the foreign-born residents of Michigan was Mexico, the natal country of 83,098 Michigan residents, followed by India with 80,532 and Iraq with 55,181.

Foreign-Born Population

4.11%

2024 Foreign-Born Population

29 people

4.19%

2023 Foreign-Born Population

28 people

As of 2024, 4.11% of Lake City, MI residents (29 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Lake City, MI was 4.19%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Lake City, MI compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
18 ± 16
Vietnam
15 ± 22
Korea
3 ± 12

Lake City, MI has a large population of military personnel who served in Gulf War (2001-), 1.2 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Lake City, MI.

Economy

The economy of Lake City, MI employs 288 people. In 2024, the largest industries in Lake City, MI were Manufacturing (84 people), Retail Trade (49 people), and Health Care & Social Assistance (30 people), and the highest paying industries were Transportation & Warehousing ($78,750), Health Care & Social Assistance ($75,278), and Transportation & Warehousing, & Utilities ($71,250).

Employment

Occupations

288

2024 Value

± 79

19.5%

1 Year growth

± 34%

From 2023 to 2024, employment in Lake City, MI grew at a rate of 19.5%, from 241 employees to 288 employees.

The most common job groups, by number of people living in Lake City, MI, are Production Occupations (50 people), Management Occupations (39 people), and Sales & Related Occupations (35 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake City, MI.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Michigan.

This chart shows weekly unemployment insurance claims in Michigan (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

288

2024 Value

± 79

19.5%

1 Year growth

± 34%

From 2023 to 2024, employment in Lake City, MI grew at a rate of 19.5%, from 241 employees to 288 employees.

The most common employment sectors for those who live in Lake City, MI, are Manufacturing (84 people), Retail Trade (49 people), and Health Care & Social Assistance (30 people). This chart shows the share breakdown of the primary industries for residents of Lake City, MI, though some of these residents may live in Lake City, MI and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$51,250

Median earning men ± $7,060

$33,750

Median earning women ± $10,125

The industries with the best median earnings for men in 2024 are Public Administration ($75,000), Construction ($66,250), and Manufacturing ($53,750).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($53,333), Finance & Insurance, & Real Estate & Rental & Leasing ($44,375), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($43,750).

Housing & Living

The median property value in Lake City, MI was $170,300 in 2024, which is 0.512 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $157,500 to $170,300, a 8.13% increase. The homeownership rate in Lake City, MI is 84.6%, which is higher than the national average of 65.2%.

People in Lake City, MI have an average commute time of 15.6 minutes, and they drove alone to work. Car ownership in Lake City, MI is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$170,300

Median Property Value 2024

±$13,276

$230

Median Property Taxes

±$57

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lake City, MI the largest share of households pay taxes in the $1,500 - $2k range.

The chart underneath the paragraph shows the property taxes in Lake City, MI compared to it's parent and neighbor geographies.

Rent vs Own

84.6%

Homeownership

2024

67.4%

Homeowners with Mortgage

2024

In 2024, 84.6% of the housing units in Lake City, MI were occupied by their owner. This percentage grew from the previous year's rate of 84.1%.

This chart shows the percentage of owner in Lake City, MI compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$74,583

Median Household Income

± $12,805

272

Number of Households

± 60

In 2024, the median household income of the 272 households in Lake City, MI grew to $74,583 from the previous year's value of $59,750.

The following chart displays the households in Lake City, MI distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $125k - $150k range.

Wage Distribution

The closest comparable wage GINI for Lake City, MI is from Michigan.

0.46

2024 Wage GINI in Michigan

0.462

2023 Wage GINI in Michigan

In 2024, the income inequality in Michigan was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.474% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Michigan was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Michigan in comparison to the national average.

This chart shows the number of workers in Michigan across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (74.3%)
Carpooled (14.9%)
Walked (8.68%)

In 2024, 74.3% of workers in Lake City, MI drove alone to work, followed by those who carpooled to work (14.9%) and those who walked to work (8.68%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

15.6 minutes

Average Travel Time

Using averages, employees in Lake City, MI have a shorter commute time (15.6 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Lake City, MI have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lake City, MI compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Lake City, MI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake City, MI have 2 cars.

Poverty

Poverty & Diversity

14.2% of the population for whom poverty status is determined in Lake City, MI (99 out of 697 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 16 - 17, followed by Males 65 - 74 and then Males 6 - 11.

The most common racial or ethnic group living below the poverty line in Lake City, MI is White, followed by Other and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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