In 2023, Lake City, TX had a population of 575 people with a median age of 44.2 and a median household income of $60,769. Between 2022 and 2023 the population of Lake City, TX grew from 540 to 575, a 6.48% increase and its median household income grew from $50,625 to $60,769, a 20% increase.
The 5 largest ethnic groups in Lake City, TX are White (Non-Hispanic) (41.2%), Two Races Including Other (Hispanic) (24.2%), White (Hispanic) (21%), Other (Hispanic) (7.83%), and Two Races Excluding Other, & Three or More Races (Non-Hispanic) (2.78%).
None of the households in Lake City, TX 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.
In 2023, the median property value in Lake City, TX was $85,800, and the homeownership rate was 84%.
Most people in Lake City, TX drove alone to work, and the average commute time was 24.5 minutes. The average car ownership in Lake City, TX was 2 cars per household.