The City of Lake City had a population of 797 as of July 1, 2020.
The primary coordinate point for Lake City is located at latitude 44.3353 and longitude -85.215 in Missaukee County. The formal boundaries for the City of Lake City encompass a land area of 1.05 sq. miles and a water area of 0 sq. miles. Missaukee County is in the Eastern time zone (GMT -5). The elevation is 1,250 feet.
The City of Lake City (GNIS ID: 1626581) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
|Total Population||797 (100%)|
|Population in Households||764 (95.9%)|
|Population in Families||592 (74.3%)|
|Population in Group Quarters1||33 ( 4.1%)|
|Median Household Income||$48,399|
|Average Household Income||$61,308|
|% of Income for Mortgage4||9%|
|Per Capita Income||$26,033|
|Total HU (Housing Units)||490 (100%)|
|Owner Occupied HU||228 (46.5%)|
|Renter Occupied HU||97 (19.8%)|
|Vacant Housing Units||166 (33.9%)|
|Median Home Value||$101,961|
|Average Home Value||$157,675|
|Housing Affordability Index3||288|
|Average Household Size||2.36|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.04%|
|Per Capita Income||2.72%|
|Owner Occupied HU||-0.26%|
The table below compares Lake City to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 478||31st|
|Population Density||# 422||39th|
|Median Household Income||# 430||38th|
|Housing Affordability Index||# 611||88th|
|Per Capita Income||# 367||47th|
|Diversity Index||# 295||57th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.