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Lake City, South Carolina Demographics & Population 2026

High PovertyPoverty rate of 25.7% is well above the state average

During the 2020–2024 ACS period, Lake City, South Carolina had a total population of 5,988, the 94th largest city in South Carolina, with a median household income of $33,600, which is 52% lower than the state average. The poverty rate is 25.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lake City Quick Facts

Population 5,988
Median Household Income $33,600
Median Home Value $144,300
Poverty Rate 25.7%
Unemployment Rate 9.7%
Median Age 43.7 years
Homeownership Rate 43.5%
Affordability Ratio 4.3x
Bachelor's Degree or Higher 19.6%
High School Graduation Rate 81.7%
Diversity Index 46/100
Population 5,988 94th of 474
Median Income $33,600 bottom 20%
Poverty Rate 25.7% 106% higher than national
Median Home Value $144,300 below average

How Lake City Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population6,0325,988-0.7%
Median household income$35,000$33,600-4.0%
Median home value$133,700$144,300+7.9%

How Lake City Compares

Economy & Housing

Household Income Distribution

Under $25K 32.2%
$25K-$50K 37.6%
$50K-$100K 20.3%
$100K+ 10.0%
Detailed income brackets
Under $10K
10.9%
$10K-$15K
13.4%
$15K-$20K
2.6%
$20K-$25K
5.3%
$25K-$30K
10.0%
$30K-$35K
9.4%
$35K-$40K
4.4%
$40K-$45K
6.2%
$45K-$50K
7.5%
$50K-$60K
4.1%
$60K-$75K
5.6%
$75K-$100K
10.6%
$100K-$125K
6.0%
$125K-$150K
0.8%
$150K-$200K
0.3%
$200K+
2.7%

Employment

9.7% Unemployment Rate State: 4.9%|National: 5.2%
53.8% Labor Force Participation

Housing Overview

Owner 43.5%
Renter 56.5%
Affordability Index Moderate
4.3x home value to income ratio
Median gross rent $702/mo 25.1% of median household income annually

People & Demographics

Diversity Index

46out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 55 | National average: 61

Education

Lake City Rankings in South Carolina

#94 Population of 474
#374 Median Income of 417
#215 Education of 473
#266 Home Value of 414

Other Cities in Florence County

CityPopulationMedian IncomePovertyHome Value
Florence 40,408 $56,143 18.9% $211,400
Timmonsville 2,045 $34,630 31.3% $104,300
Johnsonville 1,251 $44,830 20.9% $167,100
Pamplico 1,134 $34,545 31.7% $142,500
Quinby 858 $66,458 16.6% $164,800
Coward 853 $35,375 34.4% $154,700
Olanta 806 $54,464 15.3% $115,000
Scranton 733 $27,344 33.9% $102,300
Danwood 392 $100,278 14.5% $168,200

Cities Similar to Lake City

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Darlington6,120$33,952$172,30019.4%30.2%
Marion6,206$30,662$137,30019.8%26.8%
Dillon6,354$35,891$115,50012.4%32.8%
Clemson University7,015N/AN/A100.0%74.7%
Homeland Park6,632$40,218$103,7009.2%36.2%

Population Overview

Lake City is a small city located in South Carolina, within Florence County. The total population is 5,988. It ranks as the 94th most populous out of 474 Census-designated places in South Carolina.

Age Demographics

The median age in Lake City is 43.7 years. This is 9% higher than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Lake City is $33,600. This is 52% lower than the state median of $69,324. It is also 58% lower than the national median of $80,734. The poverty rate stands at 25.7%. This is 83% higher than the state poverty rate of 14.1%. 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 9.7%. This is 98% higher than the state rate of 4.9%. The median home value is $144,300. Housing costs are 44% lower than the state median of $259,000. The home-value-to-income ratio is 4.3x. 43.5% of occupied housing units are owner-occupied. This homeownership rate is 39% lower than the state average of 71.9%.

Race & Ethnicity

The largest racial or ethnic group in Lake City is Black or African American, making up 69.4% of the population. White (non-Hispanic) residents account for 22.6%. The White (non-Hispanic) population (22.6%) is well below the state average of 61.9%. The Black or African American population is significantly higher than the state average (69.4% vs 24.6%). The Hispanic or Latino population (0.4%) is well below the state average of 7.4%.

Education

19.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% lower than the state rate of 32.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 81.7%.

Data Sources & Methodology

All demographic data for Lake City, South Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against South Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 474 Census-designated places in South Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all South Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Lake City, South Carolina?

Lake City, South Carolina has a population of 5,988 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake City, SC?

The median household income in Lake City is $33,600, which is 58% lower than the national median of $80,734.

What is the poverty rate in Lake City, SC?

The poverty rate in Lake City is 25.7%. This means approximately 1,527 residents live below the federal poverty line.

What is the racial makeup of Lake City, South Carolina?

Lake City's population is 22.6% White, 69.4% Black, 0.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Lake City, SC?

The median home value in Lake City is $144,300. The home-value-to-income ratio is 4.3x.

How educated is Lake City, South Carolina?

19.6% of adults (25+) in Lake City hold a bachelor's degree or higher, and 7.2% hold a graduate or professional degree.