Lake City city, Florida Demographics & Population 2026

Population Overview

Lake City city is a small city located in Florida. The total population is 12,404. It ranks as the 303rd most populous out of 953 cities and towns in Florida.

Age Demographics

The median age in Lake City city is 38.2 years. This is 10% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Lake City city is $51,175. This is 29% lower than the state median of $71,711. Compared to the national median of $78,538, household income here is 35% lower. The poverty rate stands at 22.6%. This is 79% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 5.3%. This is 10% higher than the state rate of 4.8%. The median home value is $178,600. Housing costs are 45% lower than the state median of $325,000. The home-value-to-income ratio is 3.5x. 39.8% of occupied housing units are owner-occupied. This homeownership rate is 41% lower than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Lake City city is White (non-Hispanic), making up 57.5% of the population. Black or African American residents account for 31.8%. The Black or African American population is significantly higher than the state average (31.8% vs 14.8%). The Hispanic or Latino population (4.0%) is well below the state average of 26.8%. The Asian population (1.2%) is well below the state average of 2.8%.

Education

25.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% lower than the state rate of 33.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.0%.

Data Sources & Methodology

All demographic data for Lake City city, Florida 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 Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 953 Census-designated places in Florida. For official data, visit data.census.gov.