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Lake City, Tennessee 0 Reviews | Leave a Comment  Add Favorite



Pros

-College-town amenities
-Nearby mountains and national park
-Rebuilding downtown

Cons

-Some downtown blight
-Weak recent job growth
-Air service


What Bert Has To Say About Knoxville Metro Area


Knoxville, the largest city in eastern Tennessee and home to the University of Tennessee, serves as a gateway to the tourist and recreation destinations of the Great Smoky Mountain National Park to the southeast. The 400-acre university campus with its 26,000 students is located along the waterfront just to the southwest of downtown, and adds a notable college-town element, particularly during football season.


Highlights



Quick Facts About Lake City


    ECONOMY
    The unemployment rate in Lake City is 5.60 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Lake City jobs have Increased by 0.65 percent.
    COST OF LIVING
    Compared to the rest of the country, Lake City's cost of living is 24.30% Lower than the U.S. average.
    POPULATION
    As of 2014, Lake City's population is 1,883 people. Since 2000, it has had a population growth of -3.09 percent.
    TRANSPORTATION
    Average Commute time is 27 minutes. The National Average is 25 minutes.
    REAL ESTATE
    The median home cost in Lake City is $82,500. Home appreciation the last year has been 1.40 percent.
    SCHOOLS
    Lake City public schools spend $10,013 per student. The average school expenditure in the U.S. is $12,435. There are about 15.1 students per teacher in Lake City.

Best Places to Live in Lake City, Tennessee



Lake City Housing Market


It's a good time to buy in Lake City. Home Appreciataion is up 1.4% in the last 12 months. Browse Lake City Real Estate.
The median home price in Lake City is $82,500. Browse Homes in this Range.
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