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The total population of Lake City is estimated to be 2,925 with 1,434 males (49.03%) and 1,491 females (50.97%). There are 57 more females than males in Lake City.
The median household income in Lake City was $75,213 in 2021, which marked an an increase of 4,894(6.96%) from $70,319 in 2020. This income is 100.81% 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 25 to 44 years old, at $84,278. Overall, the median household income for the borough of Lake City stands at $75,213.
In Lake City, the median income for all workers aged 15 years and older, regardless of work hours, was $44,081 for males and $30,176 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,302 for males and $43,236 for females.
In Lake City, there are just two different racial groups among households. Among these, White households report a median household income of $75,618, while Two or More Races households have a median household income of $68,522.
In 2022, the population of Lake City was 2,887, a 0.82% decrease year-by-year from 2021. Previously, in 2021, Lake City's population was 2,911, a decline of 0.65% compared to a population of 2,930 in 2020.
The median age in Lake City, PA is 34.8, as per 2021 ACS 5-Year Estimates. Of the total population, 23.87% were under the age of 15, 19.29% aged 15 to 29, 46.69% aged 30 to 64, 8.90% aged 65 to 84, and 1.26% were 85 years of age and older.
Racial distribution of Lake City population: 87.16% are White, 0.95% are Black or African American, 0.17% are American Indian and Alaska Native, 0.24% are Asian, 0.71% are some other race and 10.76% are multiracial.