Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Lake City, Minnesota is a smaller city with a population of 5,050 inhabitants. The majority of Lake City residents report their race to be White; this is followed by Asian and Black. Based on an average age of 49, Lake City appears to be well-suited for seniors or retirees as the average age is well above the national average. If you're not a fan of traffic congestion and long commute times to work, Lake City is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 19 minutes, significantly lower than the national average of 26 minutes.
Living in Lake City can be a fulfilling experience for anyone moving to the town. Having said that, in the state of Minnesota, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around Lake City, AreaVibes has created a livability score using key metrics like commute, health & safety, education, employment, housing and more.
Using data and statistics Lake City has received a livability score of 72 out of 100. This score is ranked in the 83rd percentile when compared to all other cities. For each of the livability categories, we can establish that Lake City ranks very well for crime (A+), cost of living (B), education (B-), employment (B-) and housing (A+). Unfortunately for Lake City, there are some categories for which it does not rank well, this includes: amenities (F).
Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 94 crimes per 100,000 residents, which signifies that Lake City boasts an impressively low violent crime rate that falls well below the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Lake City has an unemployment rate of 2.32% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Lake City market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Lake City. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Lake City are affordable. The median home price for Lake City homes is $178,900, which is 6.6% lower than the Minnesota average. If we take a closer look at the affordability of homes in Lake City, we’ll see that the home price to income ratio is 3, which is 0% lower than the Minnesota average.
| Statistic | Lake City | Minnesota | National |
| Average one way commute | 19min | 23min | 26min |
| Workers who drive to work | 74.5% | 78.0% | 76.4% |
| Workers who carpool | 13.2% | 8.7% | 9.3% |
| Workers who take public transit | 1.2% | 3.5% | 5.1% |
| Workers who bicycle | 0.8% | 0.8% | 0.6% |
| Workers who walk | 3.8% | 2.8% | 2.8% |
| Working from home | 6.5% | 5.3% | 4.6% |
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