Lake City is a city located in Minnesota. With a 2020 population of 5,203, it is the 145th largest city in Minnesota and the 4640th largest city in the United States. Lake City is currently growing at a rate of 0.70% annually and its population has increased by 2.77% since the most recent census, which recorded a population of 5,063 in 2010. Spanning over 4 miles, Lake City has a population density of 1,162 people per square mile.
The average household income in Lake City is $65,782 with a poverty rate of 10.07%. The median rental costs in recent years comes to $868 per month, and the median house value is $160,700. The median age in Lake City is 50.1 years, 48.7 years for males, and 50.3 years for females. For every 100 females there are 92.9 males.