Lake City, Minnesota 

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Population

5,114

-4.0% since 2020

Unemployment Rate

4.4%

Median Income

$48,390

Median Home Price

$241,000

Median Age

50.4

Comfort Index (Climate)

9.2 / 4.1

summer / winter

Best City Gifts

Best Places to Live in Lake City, Minnesota

August, July and June are the most pleasant months in Lake City, while January and December are the least comfortable months.


Lake City, MN Housing Market
Lowest Priced HomesHOMES UNDER $250,000
Most Expensive ListingsHOMES $250,001 to $500,000
Largest HomesHOMES $500,001 to $750,000
Median Priced HomesHOMES $750,001 to $1,000,000


QUICK FACTS

Real Estate: See Homes
Country: United States
State: Minnesota
County: Wabasha County
Metro Area: Red Wing Metro Area
Political Ideology: Moderately conservative
City: Lake City
Zip Codes: 55041


Highlights

ECONOMY
The unemployment rate in Lake City is 4.4% (U.S. avg. is 6.0%). Recent job growth is Positive. Lake City jobs have increased by 0.4%. More Economy

COST OF LIVING
Compared to the rest of the country, Lake City's cost of living is 7.9% lower than the U.S. average. More Cost of Living or Compare Lake City's Cost of Living

WEATHER & CLIMATE
#WeatherDataText# Today's Weather | Climate Averages

VOTING
In the last Presidential election, Wabasha county remained overwhelmingly Republican, 62.1% to 35.8%. More Voting Stats

POPULATION
Lake City's population is 5,114 people. Since 2020, it has had a population decline of 4.0%. Learn More...

TRANSPORTATION
Average Commute time is 18.7 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Lake City is Real Estate: $241,000. Home appreciation the last 10 years has been 5.8%.

SCHOOLS
Lake City public schools spend $10,763 per student. The average school expenditure in the U.S. is $12,383. There are about 14.7 students per teacher in Lake City. More Education



Best Places to Live in Lake City Rankings

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Housing Market in Lake City

It's a good time to buy in Lake City. Home Appreciation is up 8.3% in the last 12 months.
The median home price in Lake City is $241,000.

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Reviews for Lake City   1 Reviews
Small town with great views - 4/17/2012
Lake City MN is a beautiful area on the Mississippi river surrounded by bluffs. If you like the small town atmosphere, this is the place to live. The eagles can be seen... Read More

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COMPARE COST OF LIVING
Compare Lake City, Minnesota to any other place in the USA.


MAPS OF LAKE CITY, MINNESOTA
Check out the latest Maps in a variety of categories including cost of living, population, and commute time. You can also use our New Interactive Map to explore places.Lake_City,Minnesota Map
ZIP CODES IN LAKE CITY, MINNESOTA
55041

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