In 2021, Lake City, MN had a population of 5.12k people with a median age of 50.1 and a median household income of $65,652. Between 2020 and 2021 the population of Lake City, MN grew from 5,050 to 5,120, a 1.39% increase and its median household income grew from $60,481 to $65,652, a 8.55% increase.
The 5 largest ethnic groups in Lake City, MN are White (Non-Hispanic) (91.4%), Other (Hispanic) (2.89%), Asian (Non-Hispanic) (2.3%), Black or African American (Non-Hispanic) (1.52%), and Two+ (Non-Hispanic) (0.703%).
None of the households in Lake City, MN 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.
98% of the residents in Lake City, MN are U.S. citizens.
In 2021, the median property value in Lake City, MN was $199,000, and the homeownership rate was 73.5%.
Most people in Lake City, MN N/A, and the average commute time was 18.6 minutes. The average car ownership in Lake City, MN was 2 cars per household.