Population 153 · Census ACS 2020–24
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Population and households in Lake City
Household size in Lake City
| Period | Lake City | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 2.66 | 2.51 | 2.68 |
| 2010–14 | 2.20 | 2.53 | 2.73 |
| 2015–19 | 2.00 | 2.52 | 2.71 |
| 2020–24 | 2.27 | 2.51 | 2.65 |
| Change | −0.39 | −0.00 | −0.03 |
Lake City is a place of small households, averaging 2.27 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has dropped from 2.66 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Lake City
| Period | Lake City | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 48.0 | 38.5 | 37.7 |
| 2010–14 | 55.2 | 39.3 | 38.6 |
| 2015–19 | 56.9 | 40.0 | 39.6 |
| 2020–24 | 48.2 | 39.9 | 40.1 |
| Change | +0.3 | +1.5 | +2.3 |
Lake City skews older: half of its residents are older than 48.2, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Lake City
| Period | Lake City | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 3.8% | 11.7% | 12.3% |
| 2010–14 | 2.8% | 11.9% | 12.3% |
| 2015–19 | 9.5% | 11.8% | 11.6% |
| 2020–24 | 3.2% | 11.9% | 11.6% |
| Change | −0.7 pts | +0.2 pts | −0.6 pts |
Single parents head only 3.2% of households in Lake City, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Lake City
Renters in Lake City
| Period | Lake City | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 14.4% | 30.1% | 33.3% |
| 2010–14 | 15.2% | 32.3% | 35.6% |
| 2015–19 | 25.2% | 32.8% | 36.0% |
| 2020–24 | 35.4% | 31.7% | 34.8% |
| Change | +20.9 pts | +1.5 pts | +1.5 pts |
Renting in Lake City is about as common as it is nationally: 35.4% of households rent, against 34.8%. Renters make up a bigger share here than in Kentucky overall (31.7%). Just over half of owners (52.0%) have paid off their mortgages, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Lake City
| Period | Lake City | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 34.7% | 12.2% | 11.4% |
| 2010–14 | 42.0% | 11.9% | 11.4% |
| 2015–19 | 24.1% | 12.3% | 11.1% |
| 2020–24 | 30.0% | 10.6% | 9.6% |
| Change | −4.8 pts | −1.6 pts | −1.8 pts |
Vacancy is high in Lake City: 30.0% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Lake City
| Period | Lake City | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 1985 | 1977 | 1974 |
| 2010–14 | 1986 | 1979 | 1975 |
| 2015–19 | 1980 | 1980 | 1977 |
| 2020–24 | 1985 | 1982 | 1980 |
| Change | −1 | +5 | +6 |
The housing in Lake City is a little younger than the country's: half of it was built after 1985, against 1980 nationally. That is in line with the rest of Kentucky.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Lake City
| Period | Lake City | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | $532 | $657 | $965 |
| 2010–14 | $552 | $728 | $1,040 |
| 2015–19 | $670 | $814 | $1,213 |
| 2020–24 | $816 | $1,024 | $1,571 |
| Change | +$284 | +$367 | +$606 |
The median renter in Lake City pays $816 a month for rent and utilities, well below the national median of $1,571. The typical renter here spends 23.5% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Lake City
Bachelor's degrees in Lake City
| Period | Lake City | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 12.7% | 21.3% | 28.4% |
| 2010–14 | 16.8% | 22.5% | 29.6% |
| 2015–19 | 14.9% | 24.5% | 32.1% |
| 2020–24 | 15.2% | 27.6% | 35.6% |
| Change | +2.5 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in Lake City: 15.2% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Lake City
| Period | Lake City | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 77.4% | 81.7% | 84.9% |
| 2010–14 | 78.4% | 83.9% | 86.1% |
| 2015–19 | 82.9% | 86.4% | 87.7% |
| 2020–24 | 94.2% | 88.8% | 89.3% |
| Change | +16.8 pts | +7.2 pts | +4.3 pts |
High school completion in Lake City is above the national rate: 94.2% of adults have a diploma or equivalent, against 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Lake City
| Period | Lake City | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 7.0% | 8.4% | 8.1% |
| 2010–14 | 1.6% | 9.5% | 9.4% |
| 2015–19 | 2.4% | 5.8% | 5.6% |
| 2020–24 | 3.7% | 5.1% | 5.4% |
| Change | −3.3 pts | −3.3 pts | −2.7 pts |
Jobs have been easier to find in Lake City than nationally: unemployment was 3.7%, against 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Lake City compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Lake City | 2.27 | 48.2 | 3.2% | 35.4% | 30.0% | 1985 | $816 | 15.2% | 94.2% | 3.7% |
| Grand Rivers | 2.34 | 47.3 | 4.1% | 28.5% | 23.6% | 1986 | $844 | 14.0% | 92.6% | 3.3% |
| Suwanee | 2.16 | 50.7 | 1.3% | 25.3% | 49.0% | 1991 | $670 | 19.8% | 96.1% | 7.6% |
| Iuka | 2.65 | 42.2 | 4.1% | 5.3% | 11.6% | 1995 | $778 | 9.8% | 92.4% | 3.2% |
| Gilbertsville | 2.40 | 50.1 | 7.8% | 10.5% | 35.3% | 1987 | $924 | 22.5% | 94.3% | 4.8% |
| Kuttawa | 2.24 | 52.9 | 2.0% | 15.9% | 27.6% | 1990 | $1,140 | 16.3% | 93.3% | 3.4% |
| Calvert City | 2.31 | 42.3 | 15.8% | 30.0% | 13.9% | 1978 | $962 | 23.4% | 90.6% | 3.6% |
| Tiline | 2.39 | 48.8 | 5.7% | 6.9% | 18.0% | 1991 | $843 | 13.5% | 88.0% | 4.0% |
| Sherwood Shores | 3.05 | 34.1 | 8.4% | 11.7% | 45.8% | 2005 | $860 | 14.7% | 99.3% | 0.3% |
| Dycusburg | 2.09 | 53.6 | 6.6% | 18.8% | 13.0% | 1983 | $906 | 10.3% | 82.2% | 9.1% |
| Possum Trot | 2.68 | 39.1 | 8.1% | 10.2% | 18.0% | 1983 | $1,294 | 32.3% | 91.3% | 4.6% |
All figures 2020–24.
Cities with similar populations: Ottumwa Junction, IA · Powell, WI · Port Graham, AK · Pontotoc, OK · Ponca, AR · Polk, TN · Painter Run, PA · Owassa, AL · Outlook, MT · Powells Crossroads, AL
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Lake City. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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