Lake City is a city located in Wabasha County, Minnesota. Lake City has a 2025 population of 5,356. Lake City is currently growing at a rate of 0.39% annually and its population has increased by 1.96% since the most recent census, which recorded a population of 5,253 in 2020.
The average household income in Lake City is $90,340 with a poverty rate of 6.48%.The median age in Lake City is 48.4 years: 46.7 years for males, and 49.7 years for females.
Data after 2023 is projected based on recent change
The racial composition of Lake City includes 93.39% White, and smaller percentages for Asian, Black or African American, other race, Native American and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 4,689 | 93.39% |
Two or more races | 183 | 3.64% |
Asian | 81 | 1.61% |
Black or African American | 49 | 0.98% |
Other race | 15 | 0.3% |
Native American | 4 | 0.08% |
Married
Widowed
Divorced
Separated
Never Married
Lake City's average per capita income is $51,154. Household income levels show a median of $76,125. The poverty rate stands at 6.48%.
Name | Median | Mean |
---|---|---|
Married Families | $110,000 | - |
Families | $98,167 | $108,417 |
Households | $76,125 | $90,340 |
Non Families | $32,647 | $56,362 |
Average Income
Median Household Income
Poverty Rate