City

Lake City, IA

1 ZIP code  ·  Calhoun County  ·  Iowa

👥1,951Population
💰$66,750Median HH Income▼ 13% below avg
🎂48.1Median Age
🏠$119,300Median Home Value▼ 57% below avg
🎓35.4%College Grads▼ 9% below avg
📊1.5%Unemployment▼ 69% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.6% Female 51.4% ♀

Race & Ethnicity

White: 90.3%Hispanic: 3.3%Black: 0.1%Asian: 0.1%Other: 6.2%Race
White90.3%
Hispanic3.3%
Black0.1%
Asian0.1%
Other6.2%

Age Breakdown

Under 5
8%
5–17
12%
18–24
4%
25–44
25%
45–64
24%
65+
11%

Key Indicators

Median Age48.1 yrs
Avg HH Size2.34
Below Poverty10.7% ≈ Avg
College Grads35.4% ▼ 9% below avg
Unemployment1.5% ▼ 69% below avg
No HS Diploma19 (1.3%)
HS Graduate555 (38.1%)
Some College217 (14.9%)
Associates151 (10.4%)
Bachelors246 (16.9%)
Graduate Degree269 (18.5%)

Education

No HS: 1.3%HS Grad: 38.1%Some College: 14.9%Associates: 10.4%Bachelors: 16.9%Graduate: 18.5%Edu
No HS1.3%
HS Grad38.1%
Some College14.9%
Associates10.4%
Bachelors16.9%
Graduate18.5%
Housing & Income

Housing Tenure

Owner: 79.5%Renter: 20.5%Tenure
Owner79.5%
Renter20.5%

Home Value Distribution

Under $50k
12%
$50k–$100k
27%
$100k–$150k
21%
$150k–$200k
6%
$200k–$300k
18%
$300k–$500k
11%
Over $500k
5%

Financials

Median HH Income$66,750 ▼ 13% below avg
Median Home Value$119,300 ▼ 57% below avg
Home/Income Ratio1.8x (nat avg ~3.5x)
Median Rent$761/mo
Total Housing Units910
Vacant Units119

Income Distribution

Under $25k
17%
$25k–$50k
16%
$50k–$75k
19%
$75k–$100k
20%
$100k–$150k
21%
$150k–$200k
4%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
90%
Public Transit
1%
Walked
5%
Work From Home
5%

Commute Time

Under 15 min
59%
15–30 min
22%
30–45 min
15%
Over 45 min
4%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
15%
1960s–1970s
9%
1980s–1990s
5%
2000+
67%
About Lake City, IA

Lake City is a city in Iowa, located in Calhoun County. The city spans 1 ZIP code and is home to approximately 1,951 residents. It is a mature city, with a median age of 48.1 years.

Economically, Lake City is a solidly middle-class community. The median household income of $66,750 is near the national average. Approximately 10.7% of residents live below the poverty line. The unemployment rate is 1.5%, well below the national average.

The real estate market in Lake City is one of the more affordable housing markets in the country. Median home values stand at $119,300, which is well below the national average. Renters typically pay around $761 per month. Homeownership is high at 79.5%, typical of suburban and family-oriented communities.

The population of Lake City is moderately educated. 35.4% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (90.26%).

Lake City, IA offers residents a cost-conscious lifestyle within Iowa.

ZIP Codes in Lake City
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
51449 1,951 $66,750 $119,300 $761 1.5% 35.4% 79.5%