About Lake City, Minnesota
Lake City, a city located in the state of Minnesota (MN), is home to a population of approximately 5,108 people. Lake City boasts a median age of 49.4, with around 35.7% of its residents aged 60 or above. 7.6% of the population identifies as US Veterans. 14.9% of Lake City residents are disabled. The city has an average household income of $71,324, while the unemployment rate stands at 0.5%, and around 7.3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Lake City is $226,710, with a monthly rent averaging $971.
