Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Lake City, MI Population, Income & Demographics 2026

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

705

Median Agei

47.5

Race & Ethnicityi

White

92.5%652

Other

3.4%24

Two or More

2.1%15

Hispanic/Latino

0.7%5

Black

0.6%4

Asian

0.6%4

American Indian/Alaska Native

0.1%1

Educational Attainment (Age 25+)i

GED/Alternative

1.5%8

High School Diploma

22.9%125

Some College (<1 yr)

16.8%92

Some College (1+ yr)

17%93

Associate's Degree

11.7%64

Bachelor's Degree

17.6%96

Master's Degree

7.1%39

HS or Higher

94.5%

BA or Higher

24.7%

Graduate+

7.1%

Housingi

Median Home Valuei

$170,300

Median Renti

$710

Tenure

Owner-Occupied

84.6%230

Renter-Occupied

15.4%42

Total Units

433

Homeownership

84.6%

Vacancy Rate

37.2%

Home Values

Under $50K

4.8%11

$50K–$100K

15.2%35

$100K–$150K

5.7%13

$150K–$200K

35.7%82

$200K–$300K

17%39

$300K–$500K

8.3%19

$500K–$1M

13.5%31

Rent Distribution

Under $500

$500–$750

$1,000–$1,250

$1,500–$2,000

$2,000+

Year Built

2020 or later

2.1%9

2010–2019

2.1%9

2000–2009

3.2%14

1990–1999

7.6%33

1980–1989

13.9%60

1970–1979

22.6%98

1960–1969

5.3%23

1950–1959

11.1%48

1940–1949

11.3%49

1939 or earlier

20.8%90

Heating Fuel

Utility Gas

90.1%245

Electricity

9.9%27

Economyi

Median Household Incomei

$74,583

Mean Household Incomei

$96,075

Per Capita Incomei

$37,515

Poverty Ratei

14%

Unemploymenti

3.7%

Labor Forcei

299

Household Income Distribution

Under $10K

2.6%7

$10K–$15K

5.9%16

$15K–$20K

2.9%8

$20K–$25K

7.4%20

$25K–$30K

2.2%6

$30K–$35K

2.2%6

$35K–$40K

6.2%17

$40K–$45K

0.7%2

$50K–$60K

10.7%29

$60K–$75K

9.6%26

$75K–$100K

12.1%33

$100K–$125K

9.9%27

$125K–$150K

17.3%47

$150K–$200K

4.8%13

$200K+

5.5%15

Foreign-Born Populationi

Foreign-Borni

294.1%

By Region

Top Countries

Canada

Commute & Transportationi

Workersi

288

Avg. Commutei

15.6 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

288

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

36(6.3% of civilian adults)

Health Insurancei

95.8%Insured

4.2%Uninsured