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ZipNumbers

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

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