CensusEasy
CITY

Lake City

Michigan · 835 residents (2025 est.) · 1.047 sq mi
Time machine
COMPARE TO
Part of the Cadillac micropolitan area
Compare
The short version

Lake City has roughly average household income, with a median household income of $74,583. Population has fallen 24% since 2000, a loss of 218 residents. Median home value has more than doubled since 2000, reaching $170,300. With a median age of 47.5, the population is older than the US median of 38.9.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 47.5
US median: 38.9
Less educated
25% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
705
−24%since 2000
from 923 in 2000
1990 – 2025
Population density
673 / sq mi
−24%since 2000
from 882 / sq mi in 2000
US average: 281
Median age
47.5
+17%since 2000
from 40.6 in 2000
US average: 38.9

PEP 2025 EST:835 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
6297498709911K1990201020202024Lake City
2024705
1990201020202024
Section 02

Income & economy

Median household income
$74,583
+42%inflation adjusted, since 2000
from $28,864 in 2000
US average: $82,259
1990 – 2024
Per capita income
$37,515
+120%since 2000
from $17,067 in 2000
US average: $44,673
Households earning $100K+
49.6%
+38.5 ptssince 2009
from 11.2% in 2009
US average: 53.3%
Poverty rate
14.2%
+1.1 ptssince 2000
from 13.1% in 2000
US average: 12.5%
Income inequality (Gini)
0.452
+9%since 2010
from 0.414 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade29.2%
US avg: 9.9%
Information17%
US avg: 10.8%
Other services5.6%
US avg: 6.7%
Agriculture, forestry, fishing5.2%
US avg: 1.6%
Construction3.8%
US avg: 1.2%
Finance & insurance3.5%
US avg: 5.9%
Public administration3.5%
US avg: 4.8%
Wholesale trade2.4%
US avg: 6.9%
Professional, scientific, technical2.4%
US avg: 5.1%
Manufacturing1.4%
US avg: 0.4%
Transportation & warehousing1.4%
US avg: 2.2%
Education & health services1%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$170,300
+24%inflation adjusted, since 2000
from $75,300 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$710
−1%inflation adjusted, since 2000
from $395 in 2000
US average: $1,442
Owner-occupied
84.6%
+13.2 ptssince 2000
from 71.4% in 2000
15.4% rent
Vacancy rate
37.2%
+7.6 ptssince 2009
from 29.6% in 2009
US average: 10.0%
Owner cost-burdened
21.7%
−8.4 ptssince 2009
from 30.2% in 2009
US average: 22.9%
Renter cost-burdened
64.3%
+12.7 ptssince 2009
from 51.6% in 2009
US average: 47.4%
Afford Score
2.3
−12%since 2000
from 2.6 in 2000
1990 – 2024
Gentrification Score
69
RELATED:See current rent listings in Lake City on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.7%(893)
Black0.1%(1)
Hispanic / Latino1.6%(15)
Asian0.8%(7)
Other0%
Diversity Score6.2%(57)
2024
White, non-Hispanic92.5%(652)
Black0.6%(4)
Hispanic / Latino0.7%(5)
Asian0.6%(4)
Other5.7%(40)
Diversity Score17.7%(125)
Diversity Score
18
+187%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
24.7%
+6.7 ptssince 2000
from 18.0% in 2000
US average: 35.6%
High school or higher
94.5%
+10.6 ptssince 2000
from 83.9% in 2000
US average: 89.6%
Graduate degree
7.1%
+0.8 ptssince 2000
from 6.3% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
15.6 min
+12%since 2000
from 13.9 min in 2000
US average: 26.5
Drive alone to work
74.3%
−10.3 ptssince 2009
from 84.6% in 2009
US average: 68.9%
Carpooled to work
14.9%
+10.5 ptssince 2009
from 4.4% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
2.1%
+0.4 ptssince 2009
from 1.6% in 2009
US average: 15.0%
Walked to work
8.7%
+0.4 ptssince 2009
from 8.2% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
6.3%
−4.0 ptssince 2009
from 10.3% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.7%
−20.4 ptssince 2011
from 24.1% in 2011
US average: 5.2%
Labor force participation
48.9%
−5.0 ptssince 2011
from 53.9% in 2011
US average: 63.5%
Self-employed
18.8%
+5.9 ptssince 2009
from 12.8% in 2009
US average: 13.1%
Management & professional
37.2%
−30.7 ptssince 2009
from 67.8% in 2009
US average: 42.5%
Section 08

People & community

Male
55.7%
+10.6 ptssince 2009
from 45.1% in 2009
Female
44.3%
−10.6 ptssince 2009
from 54.9% in 2009
Foreign born
4.1%
+2.7 ptssince 2009
from 1.4% in 2009
US average: 14.1%
Veterans
6.3%
−38.5 ptssince 2009
from 44.8% in 2009
US average: 6.2%
With a disability
17.6%
−4.3 ptssince 2012
from 21.9% in 2012
US average: 13.3%
Uninsured
4.2%
−85.1 ptssince 2013
from 89.3% in 2013
US average: 8.4%
Broadband at home
92.6%
+21.7 ptssince 2017
from 70.9% in 2017
US average: 91.0%
English only at home
95.3%
−3.4 ptssince 2016
from 98.7% in 2016
US average: 77.7%
Spanish at home
0.4%
+0.2 ptssince 2016
from 0.2% in 2016
US average: 13.6%
Drill deeper

Places similar to Lake City

Southport
Pop 873
Bradenton Beach
Pop 921
Matlacha
Pop 770
Marco Shores-Hammock Bay
Pop 794
Places similar to Lake City
Head to head

Compare Lake City to nearby cities

LAKE CITY VS
Cadillac
Income$51,773−31%
Home value$134,300−21%
Population10,438+1150%
SEE FULL COMPARISON →
LAKE CITY VS
Traverse City
Income$74,087−1%
Home value$415,400+144%
Population15,832+1796%
SEE FULL COMPARISON →
LAKE CITY VS
Big Rapids
Income$43,858−41%
Home value$156,400−8%
Population8,623+933%
SEE FULL COMPARISON →
LAKE CITY VS
Mount Pleasant
Income$44,706−40%
Home value$173,100+2%
Population20,925+2406%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake City, Michigan?

Lake City, Michigan has about 705 residents according to the 2024 American Community Survey.

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

The typical household in Lake City, Michigan earns about $74,583 a year. Half of households make more than that, and half make less.

Is Lake City, Michigan expensive?

In Lake City, Michigan, the median home is worth about $170,300, and the typical rent is about $710 a month.

How educated are people in Lake City, Michigan?

About 24.7% of adults age 25 and over in Lake City, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Lake City, Michigan?

About 14.2% of people in Lake City, Michigan live below the federal poverty line.

Has Lake City, Michigan grown since 1990?

Yes, Lake City, Michigan has shrunk since 1990. The population has lost about 107 residents, a change of about -13 percent over that period.

Keep going

Explore from here

Up the hierarchy
Michigan
Rankings
Highest income citiesFastest growing citiesMost educated cities
Compare
Compare Lake City with another place

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

How we source and harmonize this data →