Lake City town, Colorado Demographics & Population 2026

Population Overview

Lake City town is a small community located in Colorado. The total population is 474. It ranks as the 295th most populous out of 471 cities and towns in Colorado.

Age Demographics

The median age in Lake City town is 54.4 years. This is 45% higher than the state median of 37.5 years. Only 14.1% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Lake City town is $62,422. This is 32% lower than the state median of $92,470. Compared to the national median of $78,538, household income here is 21% lower. The poverty rate stands at 3.8%. This is 59% lower than the state poverty rate of 9.4%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.5%. The median home value is $409,300. Housing costs are 18% lower than the state median of $502,200. The home-value-to-income ratio of 6.6x suggests that housing affordability is a significant concern for many residents. 78.7% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 66.3%.

Race & Ethnicity

Lake City town has a predominantly White (non-Hispanic) population, comprising 86.5% of all residents. Hispanic or Latino residents account for 3.4%. The Hispanic or Latino population (3.4%) is well below the state average of 22.2%.

Education

43.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 4% lower than the state rate of 44.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 100.0%. Notably, 20.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Lake City town, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 471 Census-designated places in Colorado. For official data, visit data.census.gov.