Texas · Census place 40472
Lake City town, TX
Quick answer
Lake City town has 575 residents, ranking #1221 of 1863 places in Texas. Median household income is $60,769, the median home is worth $85,800 and median gross rent runs $936 a month.
- Population
- 575Lake City town residents
- Median household income
- $60,769Past 12 months, inflation adjusted
- Median home value
- $85,800Owner-occupied units
- Median gross rent
- $936Rent plus utilities, monthly
- Median age
- 44.2 yrsAll residents
- Homeownership rate
- 84%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 18.5% 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.7% of residents and 84% 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 Texas.
- Ladonia town 585
- Hawley city 580
- Como town 579
- Alba town 574
- Appleby city 573
- Bristol CDP 566
- Hilltop CDP (Frio County) 565
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