Lakesite, TN

Census Place

2024 Population

2,168

US Senator

Marsha Blackburn

Republican Party

US Senator

Bill Hagerty

Republican Party

2024 Median Age

38.6

4.22% 1-year decrease

2024 Poverty Rate

4.21%

43.5% 1-year decrease

2024 Median Household Income

$96,250

3.67% 1-year growth

2024 Median Property Value

Population & Diversity

Lakesite, TN is home to a population of 2.17k people, from which 99.9% are citizens.

As of 2024, 2.68% of Lakesite, TN residents were born outside of the country (58 people).

In 2024, there were 23.8 times more White (Non-Hispanic) residents (1.95k people) in Lakesite, TN than any other race or ethnicity. There were 82 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 53 Two Races Including Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.9%

2024 Citizenship

99.9%

2023 Citizenship

As of 2024, 99.9% of Lakesite, TN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Lakesite, TN was 99.9%, meaning that the rate of citizenship has been decreasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lakesite, TN

White (Non-Hispanic)
1.95k ± 405
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
82 ± 62
Two Races Including Other (Non-Hispanic)
53 ± 66

3.04%

Hispanic Population

66 people

3.04% of the people in Lakesite, TN are hispanic (66 people).

The following chart shows the 8 races represented in Lakesite, TN 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 Tennessee.

Most Common Origin

Mexico
95,077 ± 7,519 people
Guatemala
31,959 ± 4,379 people
Honduras
26,792 ± 4,011 people

In 2024, the most common birthplace for the foreign-born residents of Tennessee was Mexico, the natal country of 95,077 Tennessee residents, followed by Guatemala with 31,959 and Honduras with 26,792.

Foreign-Born Population

2.68%

2024 Foreign-Born Population

58 people

2.57%

2023 Foreign-Born Population

52 people

As of 2024, 2.68% of Lakesite, TN residents (58 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 Lakesite, TN was 2.57%, meaning that the rate has been increasing.

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

Military

Veterans

Most Common Service Period

Gulf War (2001-)
49 ± 36
Vietnam
20 ± 25
Gulf War (1990s)
7 ± 8

Lakesite, TN has a large population of military personnel who served in Gulf War (2001-), 2.45 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Lakesite, TN.

Economy

The economy of Lakesite, TN employs 1.09k people. In 2024, the largest industries in Lakesite, TN were Health Care & Social Assistance (183 people), Retail Trade (146 people), and Finance & Insurance (114 people), and the highest paying industries were Utilities ($161,250), Transportation & Warehousing, & Utilities ($77,344), and Construction ($73,864).

Employment

Occupations

1.09k

2024 Value

± 171

3.92%

1 Year growth

± 21.8%

From 2023 to 2024, employment in Lakesite, TN grew at a rate of 3.92%, from 1.05k employees to 1.09k employees.

The most common job groups, by number of people living in Lakesite, TN, are Office & Administrative Support Occupations (171 people), Sales & Related Occupations (168 people), and Management Occupations (151 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lakesite, TN.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Tennessee (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

1.09k

2024 Value

± 171

3.92%

1 Year growth

± 21.8%

From 2023 to 2024, employment in Lakesite, TN grew at a rate of 3.92%, from 1.05k employees to 1.09k employees.

The most common employment sectors for those who live in Lakesite, TN, are Health Care & Social Assistance (183 people), Retail Trade (146 people), and Finance & Insurance (114 people). This chart shows the share breakdown of the primary industries for residents of Lakesite, TN, though some of these residents may live in Lakesite, TN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$66,310

Median earning men ± $10,365

$36,923

Median earning women ± $4,621

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($129,250), Finance & Insurance, & Real Estate & Rental & Leasing ($87,679), and Wholesale Trade ($83,438).

The industries with the best median earnings for women in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($75,833), Public Administration ($59,063), and Transportation & Warehousing, & Utilities ($56,250).

Housing & Living

The median property value in Lakesite, TN was $332,200 in 2024, which is 0.998 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $299,300 to $332,200, a 11% increase. The homeownership rate in Lakesite, TN is 84.2%, which is higher than the national average of 65.2%.

People in Lakesite, TN have an average commute time of 28.3 minutes, and they drove alone to work. Car ownership in Lakesite, TN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$332,200

Median Property Value 2024

±$34,061

$677

Median Property Taxes

±$136

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 Lakesite, TN the largest share of households pay taxes in the $800 - $1,499 range.

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

Rent vs Own

84.2%

Homeownership

2024

65.1%

Homeowners with Mortgage

2024

In 2024, 84.2% of the housing units in Lakesite, TN were occupied by their owner. This percentage grew from the previous year's rate of 82.1%.

This chart shows the percentage of owner in Lakesite, TN 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.

$96,250

Median Household Income

± $16,769

804

Number of Households

± 144

In 2024, the median household income of the 804 households in Lakesite, TN grew to $96,250 from the previous year's value of $92,847.

The following chart displays the households in Lakesite, TN 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 $150k - $200k range.

Wage Distribution

The closest comparable wage GINI for Lakesite, TN is from Tennessee.

0.457

2024 Wage GINI in Tennessee

0.459

2023 Wage GINI in Tennessee

In 2024, the income inequality in Tennessee was 0.457 according to the GINI calculation of the wage distribution. Income inequality had a 0.505% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Tennessee was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Tennessee in comparison to the national average.

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

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (73.7%)
Worked At Home (17.1%)
Carpooled (6.73%)

In 2024, 73.7% of workers in Lakesite, TN drove alone to work, followed by those who worked at home (17.1%) and those who carpooled to work (6.73%).

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

28.3 minutes

Average Travel Time

Using averages, employees in Lakesite, TN have a longer commute time (28.3 minutes) than the normal US worker (26.4 minutes). Additionally, 1.54% of the workforce in Lakesite, TN have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

4.21% of the population for whom poverty status is determined in Lakesite, TN (91 out of 2.16k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 35 - 44, followed by Females 6 - 11 and then Females 18 - 24.

The most common racial or ethnic group living below the poverty line in Lakesite, TN is White, followed by Two Or More and Black.

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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