Tennessee · Census place 40540
Lakesite city, TN
Quick answer
Lakesite city has 2,026 residents, ranking #211 of 504 places in Tennessee. Median household income is $92,847, the median home is worth $299,300 and median gross rent runs $1,060 a month.
- Population
- 2,026Lakesite city residents
- Median household income
- $92,847Past 12 months, inflation adjusted
- Median home value
- $299,300Owner-occupied units
- Median gross rent
- $1,060Rent plus utilities, monthly
- Median age
- 40.3 yrsAll residents
- Homeownership rate
- 82.1%Owner-occupied households
What the numbers mean in Lakesite city
Housing cost measured against local earnings.
A household earning the Lakesite city median would spend about 13.7% 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 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.4% of residents and 82.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Tennessee.
- Dover city 2,080
- Caryville town 2,079
- South Carthage town 2,049
- Estill Springs town 2,008
- Biltmore CDP 1,998
- Hunter CDP 1,997
- Halls town 1,984
Keep going
More Tennessee coverage.