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The total population of Lake City is estimated to be 2,389 with 1,160 males (48.56%) and 1,229 females (51.44%). There are 69 more females than males in Lake City.
The median household income in Lake City was $57,661 in 2021, which marked an an increase of 697(1.22%) from $56,964 in 2020. This income is 77.29% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lake City sees its highest median household income among householders in the age group of under 25 years old, at $82,420. Overall, the median household income for the city of Lake City stands at $57,661.
In Lake City, the median income for all workers aged 15 years and older, regardless of work hours, was $40,270 for males and $27,508 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,630 for males and $32,239 for females.
In Lake City, population is primarily represented by White households, reporting a median income of $57,844.
In 2022, the population of Lake City was 2,543, a 4.48% increase year-by-year from 2021. Previously, in 2021, Lake City's population was 2,434, an increase of 3.84% compared to a population of 2,344 in 2020.
The median age in Lake City, AR is 33.7, as per 2021 ACS 5-Year Estimates. Of the total population, 16.40% were under the age of 15, 28.04% aged 15 to 29, 36.76% aged 30 to 64, 15.32% aged 65 to 84, and 3.49% were 85 years of age and older.
Racial distribution of Lake City population: 94.67% are White, 1.23% are Black or African American, 0.38% are Asian and 3.72% are multiracial.