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CITY · 2010 ACS

Lake City

Iowa · 1,727 residents · 4.821 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 $31,291. Population has declined 3% since 2000. 17% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value is $53,300. With a median age of 49.1, the population is older than the US median of 37.2. Households here earn about 36% less than the Iowa median.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 49.1
US median: 37.2
Less educated
17% hold a bachelor's degree
US average: 28%
More affordable
home values down 18%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
1,727
−3%since 2000
from 1,787 in 2000
1990 – 2025
Population density
358 / sq mi
−3%since 2000
from 371 / sq mi in 2000
US average: 261
Median age
49.1
+7%since 2000
from 45.9 in 2000
US average: 37.2
Population, 1990 – 2024
2K2K2K2K2K1990201020202024Lake City
20242K
1990201020202024
Section 02

Income & economy

Median household income
$31,291
−20%inflation adjusted, since 2000
from $31,000 in 2000
US average: $52,703
1990 – 2024
Per capita income
$21,574
+44%since 2000
from $14,969 in 2000
US average: $27,286
Households earning $100K+
15.7%
+1.7 ptssince 2009
from 14.0% in 2009
US average: 33.3%
Poverty rate
13.2%
−0.9 ptssince 2000
from 14.1% in 2000
US average: 13.8%
Income inequality (Gini)
0.464
US average: 0.461
Workforce by industry, 2010
Information13.1%
US avg: 11.5%
Retail trade11.2%
US avg: 10.9%
Other services6.7%
US avg: 7%
Public administration5.8%
US avg: 4.9%
Agriculture, forestry, fishing4.9%
US avg: 1.9%
Construction4.9%
US avg: 1.4%
Finance & insurance3.3%
US avg: 5.1%
Professional, scientific, technical2.5%
US avg: 4.2%
Transportation & warehousing2.2%
US avg: 3.1%
Wholesale trade1.6%
US avg: 7.2%
Arts, entertainment, food1.5%
US avg: 2.4%
Education & health services0.8%
US avg: 0.9%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$53,300
−18%inflation adjusted, since 2000
from $51,500 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$417
+6%inflation adjusted, since 2000
from $311 in 2000
US average: $853
Owner-occupied
37.5%
−40.3 ptssince 2000
from 77.8% in 2000
23.4% rent
Vacancy rate
7.5%
+3.0 ptssince 2009
from 4.5% in 2009
US average: 12.1%
Owner cost-burdened
14.9%
+0.3 ptssince 2009
from 14.6% in 2009
US average: 30.9%
Renter cost-burdened
21.1%
+12.9 ptssince 2009
from 8.2% in 2009
US average: 46.8%
Afford Score
1.7
+3%since 2000
from 1.7 in 2000
1990 – 2024
RELATED:See current rent listings in Lake City on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.1%(1,753)
Black0.1%(1)
Hispanic / Latino1.1%(19)
Asian0.2%(4)
Other0%
Diversity Score3.3%(60)
2010
White, non-Hispanic97.7%(1,687)
Black0.2%(3)
Hispanic / Latino1.2%(21)
Asian0.2%(3)
Other0%(0)
Diversity Score3.9%(67)
Diversity Score
4
+16%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
16.7%
+3.3 ptssince 2000
from 13.4% in 2000
US average: 27.9%
High school or higher
85.1%
+2.4 ptssince 2000
from 82.7% in 2000
US average: 84.9%
Graduate degree
3.5%
−1.6 ptssince 2000
from 5.1% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
16.1 min
+53%since 2000
from 10.5 min in 2000
US average: 25.2
Drive alone to work
82.1%
+3.9 ptssince 2009
from 78.2% in 2009
US average: 76.2%
Carpooled to work
10.0%
−1.0 ptssince 2009
from 11.0% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
1.9%
−1.3 ptssince 2009
from 3.2% in 2009
US average: 4.1%
Walked to work
4.2%
+1.9 ptssince 2009
from 2.3% in 2009
US average: 2.8%
Biked to work
1.0%
−1.7 ptssince 2009
from 2.7% in 2009
US average: 0.5%
No vehicle available
3.2%
−0.1 ptssince 2009
from 3.3% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
13.7%
−3.7 ptssince 2009
from 17.4% in 2009
US average: 12.9%
Management & professional
21.1%
−34.6 ptssince 2009
from 55.7% in 2009
US average: 35.2%
Section 08

People & community

Male
43.4%
−2.6 ptssince 2009
from 46.0% in 2009
Female
56.6%
+2.6 ptssince 2009
from 54.0% in 2009
Foreign born
1.1%
+0.2 ptssince 2009
from 0.9% in 2009
US average: 12.8%
Veterans
12.4%
−31.1 ptssince 2009
from 43.5% in 2009
US average: 9.9%
Drill deeper

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Compare Lake City to nearby cities

LAKE CITY VS
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Income$69,706+123%
Home value$188,700+254%
Population10,085+515%
SEE FULL COMPARISON →
LAKE CITY VS
Fort Dodge
Income$60,649+94%
Home value$144,100+170%
Population24,837+1414%
SEE FULL COMPARISON →
LAKE CITY VS
Storm Lake
Income$62,765+101%
Home value$172,200+223%
Population11,590+607%
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LAKE CITY VS
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Income$65,684+110%
Home value$150,200+182%
Population8,214+401%
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Frequently asked

How many people live in Lake City, Iowa?

Lake City, Iowa has about 1,727 residents according to the 2010 American Community Survey.

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

The typical household in Lake City, Iowa earns about $31,291 a year. Half of households make more than that, and half make less.

Is Lake City, Iowa expensive?

In Lake City, Iowa, the median home is worth about $53,300, and the typical rent is about $417 a month.

How educated are people in Lake City, Iowa?

About 16.7% of adults age 25 and over in Lake City, Iowa hold a bachelor's degree or higher.

What is the poverty rate in Lake City, Iowa?

About 13.2% of people in Lake City, Iowa live below the federal poverty line.

Has Lake City, Iowa grown since 1990?

Yes, Lake City, Iowa has shrunk since 1990. The population has lost about 117 residents, a change of about -6 percent over that period.

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

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