LAKE CITY, MN  55041

Total Population: 7,532

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Median Home Value

$265,300

Owner-occupied units

Median Household Income

$83,673

Across all households

Median Age

49.7 yrs

Across all residents

Bachelor's Degree+

30.7%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)94.2%
Two or More Races2.6%
Hispanic or Latino1.1%
Asian (Non-Hispanic)1.1%
Black (Non-Hispanic)0.7%
Other Race0.2%

Under 18 Years

20.0%

65 Years and Over

26.9%

Male

47.0%

Female

53.0%

U.S. Citizens (18+)

99.9%

No Health Insurance

2.5%

Education

3 fields

High School Graduate or Higher (25+)

96.3%

Bachelor's Degree or Higher (25+)

30.7%

Enrolled in College (18+)

5.2%

Economics

6 fields

Median Household Income

$83,673

Mean Household Income

$98,029

Per Capita Income

$44,190

Unemployment Rate (16+)

0.8%

In Labor Force (19–64)

88.8%

SNAP / Food Stamps

3.8%

Housing & Households

13 fields

Median Home Value

$265,300

Median Rent

$992/mo

Total Housing Units

3,825

Owner-Occupied

82.5%

Renter-Occupied

17.5%

Vacancy Rate

14.2%

Married Couple Households

55.1%

Cohabiting Couple Households

4.5%

Male Householder, No Partner

14.7%

Female Householder, No Partner

25.8%

Average Household Size

2.25

Broadband Internet Access

86.7%

Housing Built Since 2010

4.2%

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 55041.