In 2023, Lake City, MI had a population of 669 people with a median age of 41.3 and a median household income of $59,750. Between 2022 and 2023 the population of Lake City, MI declined from 702 to 669, a −4.7% decrease and its median household income grew from $57,868 to $59,750, a 3.25% increase.
The 5 largest ethnic groups in Lake City, MI are White (Non-Hispanic) (90.4%), Other (Non-Hispanic) (3.44%), Two+ (Non-Hispanic) (2.54%), Black or African American (Non-Hispanic) (1.79%), and Other (Hispanic) (0.747%).
None of the households in Lake City, MI 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.
96.6% of the residents in Lake City, MI are U.S. citizens.
In 2023, the median property value in Lake City, MI was $157,500, and the homeownership rate was 84.1%.
Most people in Lake City, MI drove alone to work, and the average commute time was 16.8 minutes. The average car ownership in Lake City, MI was 2 cars per household.