Lake City

County:: Wabasha County
County Seat:: No
Area (mi²):: 4.488
State:: Minnesota

Lake City is a city located in Wabasha County, Minnesota. Lake City has a 2025 population of 5,356. Lake City is currently growing at a rate of 0.39% annually and its population has increased by 1.96% since the most recent census, which recorded a population of 5,253 in 2020.

The average household income in Lake City is $90,340 with a poverty rate of 6.48%. The median age in Lake City is 48.4 years: 46.7 years for males, and 49.7 years for females.

Demographics

The racial composition of Lake City includes 93.39% White, and smaller percentages for Asian, Black or African American, other race, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Asian

Black or African American

Other race

Native American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	4,689	93.39%
Two or more races	183	3.64%
Asian	81	1.61%
Black or African American	49	0.98%
Other race	15	0.3%
Native American	4	0.08%
Native Hawaiian or Pacific Islander	0	0%

Lake City Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Lake City's average per capita income is $51,154. Household income levels show a median of $76,125. The poverty rate stands at 6.48%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$110,000	-
Families	$98,167	$108,417
Households	$76,125	$90,340
Non Families	$32,647	$56,362

$51,154

Average Income

$76,125

Median Household Income

6.48%

Poverty Rate