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CITY · 2020 ACS

Lake City

Colorado · 432 residents · 0.828 sq mi
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The short version

Lake City has notably lower household income than the US average, with a median household income of $39,167. Population has grown 15% since 2000. Median home value is $299,100. With a median age of 53.8, the population is older than the US median of 38.8. Households here earn about 48% less than the Colorado median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 53.8
US median: 38.8
More educated
40% hold a bachelor's degree
US average: 33%
More affordable
home values down 12%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
432
+15%since 2000
from 375 in 2000
1990 – 2025
Population density
522 / sq mi
+15%since 2000
from 453 / sq mi in 2000
US average: 280
Median age
53.8
+24%since 2000
from 43.4 in 2000
US average: 38.8
Population, 1990 – 2024
1642723814895971990201020202024Lake City
2024561
1990201020202024
Section 02

Income & economy

Median household income
$39,167
−32%inflation adjusted, since 2000
from $38,056 in 2000
US average: $66,278
1990 – 2024
Per capita income
$32,501
+39%since 2000
from $23,392 in 2000
US average: $35,364
Households earning $100K+
27.5%
−3.1 ptssince 2009
from 30.5% in 2009
US average: 43.9%
Poverty rate
9.6%
+0.7 ptssince 2000
from 8.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Wholesale trade18.3%
US avg: 6.7%
Arts, entertainment, food8.7%
US avg: 2%
Finance & insurance6.7%
US avg: 5.5%
Information4.8%
US avg: 11.1%
Professional, scientific, technical4.8%
US avg: 4.7%
Retail trade3.8%
US avg: 10%
Education & health services1.9%
US avg: 0.8%
Agriculture, forestry, fishing1.4%
US avg: 1.7%
Construction1.4%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$299,100
−12%inflation adjusted, since 2000
from $225,000 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$760
−4%inflation adjusted, since 2000
from $529 in 2000
US average: $1,124
Owner-occupied
71.1%
+10.7 ptssince 2000
from 60.4% in 2000
28.9% rent
Afford Score
7.6
+29%since 2000
from 5.9 in 2000
1990 – 2024
RELATED:See current rent listings in Lake City on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.8%(363)
Black0%(0)
Hispanic / Latino1.6%(6)
Asian0.5%(2)
Other0%
Diversity Score5.3%(20)
2020
White, non-Hispanic87.7%(379)
Black1.6%(7)
Hispanic / Latino3.9%(17)
Asian0.5%(2)
Other2.5%(11)
Diversity Score20.8%(90)
Diversity Score
21
+293%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
39.9%
+10.3 ptssince 2000
from 29.7% in 2000
US average: 32.9%
High school or higher
94.0%
+4.2 ptssince 2000
from 89.8% in 2000
US average: 88.5%
Graduate degree
12.4%
+3.5 ptssince 2000
from 8.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
8.3 min
−46%since 2000
from 15.3 min in 2000
US average: 26.9
Drive alone to work
69.7%
+15.1 ptssince 2009
from 54.5% in 2009
US average: 75.1%
No vehicle available
1.0%
−7.4 ptssince 2009
from 8.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.9%
+0.8 ptssince 2011
from 5.1% in 2011
US average: 5.4%
Labor force participation
61.7%
+2.0 ptssince 2011
from 59.8% in 2011
US average: 63.4%
Management & professional
34.1%
−40.6 ptssince 2009
from 74.7% in 2009
US average: 39.3%
Section 08

People & community

Male
40.6%
+7.1 ptssince 2009
from 33.5% in 2009
Female
59.4%
−7.1 ptssince 2009
from 66.5% in 2009
Foreign born
1.4%
−0.1 ptssince 2009
from 1.5% in 2009
US average: 13.5%
Uninsured
26.0%
−56.2 ptssince 2013
from 82.2% in 2013
US average: 8.8%
Drill deeper

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Compare Lake City to nearby cities

LAKE CITY VS
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Income$70,386+80%
Home value$387,900+30%
Population21,583+5088%
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LAKE CITY VS
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Income$78,602+101%
Home value$668,400+123%
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LAKE CITY VS
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Home value$283,300−5%
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LAKE CITY VS
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Home value$272,900−9%
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Frequently asked

How many people live in Lake City, Colorado?

Lake City, Colorado has about 432 residents according to the 2020 American Community Survey.

What is the median household income in Lake City, Colorado?

The typical household in Lake City, Colorado earns about $39,167 a year. Half of households make more than that, and half make less.

Is Lake City, Colorado expensive?

In Lake City, Colorado, the median home is worth about $299,100, and the typical rent is about $760 a month.

How educated are people in Lake City, Colorado?

About 39.9% of adults age 25 and over in Lake City, Colorado hold a bachelor's degree or higher.

What is the poverty rate in Lake City, Colorado?

About 9.6% of people in Lake City, Colorado live below the federal poverty line.

Has Lake City, Colorado grown since 1990?

Yes, Lake City, Colorado has grown since 1990. The population has added about 198 residents, a change of about 85 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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