Lake City, IL
Population 103 · Illinois
About Lake City, IL
Lake City is a small community in Illinois with a population of 103 residents. The median household income is $0 per year, which is below the national average. The median age in Lake City is 35.9 years.
Housing in Lake City has a median home value of $0 and median monthly rent of $0. Of the 53 total housing units, the majority are owner-occupied, with 53 owner-occupied and 0 renter-occupied units.
The unemployment rate in Lake City is 0.0% and the poverty rate is 0.0%. 9.7% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
Cost of Living in Lake City, IL
Compared to national averages, Lake City has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Lake City's income is 100% below the state average of $75,072, and home values are 100% below the state median of $165,779.
Why Live in Lake City, IL?
Lake City offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) 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 103 with a median age of 35.9 years. Compare Lake City with other cities to see how it stacks up, or explore all cities in Illinois.
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Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lake City
What is the population of Lake City, IL?
The population of Lake City, IL is 103 according to the latest Census data.
What is the median household income in Lake City?
The median household income in Lake City, IL is $0 per year.
What is the median home value in Lake City?
The median home value in Lake City, IL is $0.
What is the average rent in Lake City?
The median monthly rent in Lake City, IL is $0.
What is the unemployment rate in Lake City?
The unemployment rate in Lake City, IL is 0.0%.