Lake City
Lake City city, Minnesota
Lake City, Minnesota, is a charming lakeside community where affordability meets a relaxed lifestyle. With a population just over 5,000, it offers a refreshing alternative to the hustle of larger cities. The median home value here is a remarkable $225,800, significantly lower than the national average, making homeownership a realistic dream. Imagine waking up to serene lake views without the hefty price tag. The median household income of $71,324 reflects a comfortable standard of living, allowing residents to enjoy the local amenities and outdoor activities that make Lake City so special.
From an investment perspective, Lake City presents a compelling opportunity. The housing market is stable, and the community is known for its safety and friendly atmosphere. While specific unemployment figures aren't available, the steady median income suggests a healthy local economy. This is a place for those who appreciate a slower pace of life, outdoor enthusiasts, and families looking for a safe and affordable place to call home. Whether you're seeking a primary residence, a vacation getaway, or a sound real estate investment, Lake City has a lot to offer.
Lake City, Minnesota at a Glance
Lake City is a city in Lake City city, Minnesota with a population of approximately 5,108. The median home value is $225,800 and the median household income is $71,324.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$225,800
Median Income
$71,324
Population
5,108
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Not enough data for an overall score (2 of 2 factors available)
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- Population
- 5,108
- Median Age
- N/A
- Median Household Income
- $71,324
4% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- N/A
- Median Home Value
- $225,800
20% below nat'l avg
- Median Rent
- N/A
- Homeownership Rate
- N/A
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 5.7 per 1K
70% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- N/A
- Poverty Rate
- N/A
Weather & Climate in Lake City
Avg High
54°F
Avg Low
36°F
Annual Rainfall
31.7"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Benton County county-level presidential election data
Culture & Things to Do in Lake City
Lake City Water Ski Days
Annual festival featuring water ski shows, a parade, and family activities.
Lake Pepin Dragon Boat Races
A popular event with dragon boat races, food vendors, and entertainment.
Summer Farmers Market
A weekly market offering fresh produce, local crafts, and baked goods.
Fall Color Cruise
A scenic boat cruise on Lake Pepin to view the fall foliage.
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