Lake City, MN Profile: Facts, Map & Data

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Lake City, Minnesota - Basic Facts

The City of Lake City had a population of 5,007 as of July 1, 2016.

The primary coordinate point for Lake City is located at latitude 44.4457 and longitude -92.2809 in Wabasha County. The formal boundaries for the City of Lake City (see map below) encompass a land area of 4.5 sq. miles and a water area of 0.06 sq. miles. Wabasha County is in the Central time zone (GMT -6). The elevation is 689 feet.

The City of Lake City (GNIS ID: 664666) 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.

Beneath the boundary map are tables with Lake City population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.


Neighborhood Data

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City of Lake City, MN Boundary Map



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Boundary Maps: Wabasha County | Minnesota Counties

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Lake City, MN Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 5,007
Population in Households 4,919
Population in Familes 3,918
Population in Group Qrtrs 88
Population Density1 1,112
Diversity Index2 16
 

HOUSEHOLDS

Total Households 2,240
Average Household Size 2.2
Family Households 1,461
Average Family Size 3

HOUSING

Total Housing Units 2,719 (100%)
Owner Occupied HU 1,718 (63.2%)
Renter Occupied HU 522 (19.2%)
Vacant Housing Units 479 (17.6%)
Median Home Value $164,218
Average Home Value $195,006
 

INCOME

Median Household Income $51,974
Average Household Income $66,936
Per Capita Income $29,781
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population -0.18% -0.16%
Households 0.01% -0.03%
Families 0.37% -0.08%
Median Household Income   0.08%
Per Capita Income   1.9%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Lake City, MN - Peer Comparisons by Rank and Percentile

The table below compares Lake City to the other 905 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2016 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.

Variable Description Rank Percentile
Total Population # 146 84th
Population Density1 # 235 74th
Diversity Index2 # 350 62nd
Median Household Income # 479 47th
Per Capita Income # 295 68th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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