Lake City, GA
Population 2,911 · Georgia
About Lake City, GA
Lake City is a small town located in Georgia with a population of 2,911 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,300 per year, which is 24% below the national median of $75,149. The median age of 42.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lake City features a median home value of $168,500, which is 31% below the national median of $244,900. This positions Lake City in a moderately priced market relative to the rest of the country. Median monthly rent is $1,130, 3% below the national average of $1,163/month. Of the 1,102 total housing units, 52% are owner-occupied (508 units) and 48% are renter-occupied (472 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lake City shows an unemployment rate of 1.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.8%, above the national average of 12.4%. Workers in Lake City have an average one-way commute time of 24.5 minutes.
Education & Demographics
11.9% of Lake City residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 9.4% White, 4.3% Hispanic or Latino, 0.0% Black or African American, and 5.4% Asian residents, with 36.6% of the population being foreign-born.
Cost of Living in Lake City, GA
Compared to national averages, Lake City has a median household income of $57,300 (24% below the national median of $75,149). Home values average $168,500, which is 31% below the national median. Monthly rent at $1,130 is 3% below the US average of $1,163. Within Georgia, Lake City's income is 6% below the state average of $60,815, and home values are 13% below the state median of $194,684.
Why Live in Lake City, GA?
Lake City offers affordable housing with a median home value of $168,500, below the US average of $244,900, and rent that’s lower than the national average at $1,130/month, and a strong job market with an unemployment rate of just 1.8%. Additionally, the city features short commute times averaging just 24.5 minutes.
Potential considerations include median household income ($57,300) that falls below the national average. However, Lake City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake City has a population of 2,911 with a median age of 42.9 years. Compare Lake City with other cities to see how it stacks up, or explore all cities in Georgia.
Similar Cities Near Lake City
Cities in Georgia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lula | 2,903 | $64,282 | $205,300 | Compare |
| Statham | 2,902 | $67,444 | $227,200 | Compare |
| Soperton | 2,901 | $32,995 | $88,600 | Compare |
| Lakeland | 2,943 | $29,520 | $145,900 | Compare |
| Vienna | 2,879 | $56,351 | $97,300 | Compare |
| Springfield | 2,874 | $56,389 | $180,900 | Compare |
| Millen | 2,959 | $36,918 | $100,200 | Compare |
| Bloomingdale | 2,983 | $55,427 | $217,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Georgia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lake City With Other Cities
Frequently Asked Questions about Lake City
What is the population of Lake City, GA?
The population of Lake City, GA is 2,911 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Georgia.
What is the median household income in Lake City?
The median household income in Lake City, GA is $57,300 per year, which is 24% below the national median of $75,149.
What is the median home value in Lake City?
The median home value in Lake City, GA is $168,500, which is 31% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake City?
The median monthly rent in Lake City, GA is $1,130, which is 3% below the national average of $1,163/month.
What is the unemployment rate in Lake City?
The unemployment rate in Lake City, GA is 1.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake City, GA a good place to live?
Lake City offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,911 and a median age of 42.9, the city appeals to a broad range of residents.
How educated is Lake City, GA?
11.9% of residents in Lake City aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lake City?
Key cost-of-living indicators for Lake City, GA: median home value is $168,500 (31% below national), median rent is $1,130/month, and median household income is $57,300. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake City?
The poverty rate in Lake City, GA is 15.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lake City, GA?
Lake City's population is 9.4% White, 4.3% Hispanic or Latino, 0.0% Black or African American, 5.4% Asian, and 35.6% two or more races. 36.6% of residents are foreign-born.