Lake City, TX
Population 575 · Texas
About Lake City, TX
Lake City is a small community in Texas with a population of 575 residents. The median household income is $60,769 per year, which is near the national average. The median age in Lake City is 44.2 years.
Housing in Lake City has a median home value of $85,800 and median monthly rent of $936. Of the 354 total housing units, the majority are owner-occupied, with 200 owner-occupied and 38 renter-occupied units.
The unemployment rate in Lake City is 4.4% and the poverty rate is 17.7%. 9.4% of residents hold a bachelor's degree or higher. The average commute time is 24.5 minutes.
Cost of Living in Lake City, TX
Compared to national averages, Lake City has a median household income of $60,769 (19% below the national median of $75,149). Home values average $85,800, which is 65% below the national median. Monthly rent at $936 is 20% below the US average of $1,163. Within Texas, Lake City's income is 16% below the state average of $72,726, and home values are 59% below the state median of $211,769.
Why Live in Lake City, TX?
Lake City offers affordable housing with a median home value of $85,800, below the US average of $244,900, and rent that’s lower than the national average at $936/month, and short commute times averaging just 24.5 minutes.
Potential considerations include median household income ($60,769) 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 575 with a median age of 44.2 years. Compare Lake City with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Lake City
Cities in Texas with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
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, TX?
The population of Lake City, TX is 575 according to the latest Census data.
What is the median household income in Lake City?
The median household income in Lake City, TX is $60,769 per year.
What is the median home value in Lake City?
The median home value in Lake City, TX is $85,800.
What is the average rent in Lake City?
The median monthly rent in Lake City, TX is $936.
What is the unemployment rate in Lake City?
The unemployment rate in Lake City, TX is 4.4%.