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ZipNumbers

Iowa · Census place 42465

Lake City city, IA

Quick answer

Lake City city has 1,652 residents, ranking #194 of 1026 places in Iowa. Median household income is $64,375, the median home is worth $103,300 and median gross rent runs $761 a month.

Population
1,652Lake City city residents
Median household income
$64,375Past 12 months, inflation adjusted
Median home value
$103,300Owner-occupied units
Median gross rent
$761Rent plus utilities, monthly
Median age
46.9 yrsAll residents
Homeownership rate
75.2%Owner-occupied households

What the numbers mean in Lake City city

Housing cost measured against local earnings.

A household earning the Lake City city median would spend about 14.2% 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 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.2% of residents and 75.2% 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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