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ZipNumbers

Colorado · Census place 42330

Lake City town, CO

Quick answer

Lake City town has 474 residents, ranking #295 of 482 places in Colorado. Median household income is $62,422, the median home is worth $409,300 and median gross rent runs $965 a month.

Population
474Lake City town residents
Median household income
$62,422Past 12 months, inflation adjusted
Median home value
$409,300Owner-occupied units
Median gross rent
$965Rent plus utilities, monthly
Median age
54.4 yrsAll residents
Homeownership rate
78.7%Owner-occupied households

What the numbers mean in Lake City town

Housing cost measured against local earnings.

A household earning the Lake City town median would spend about 18.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 6.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.8% of residents and 78.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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