A small town in Michigan, Lake City has a population of just under 1,000. Retirees can expect to fit right in, as they account for 21% of the population compared to 14% nationally. Renters tend to be in the minority in the area, and 78% of residents own their homes. Renters in the town benefit from a relatively low average rent of $682 per month, which is $193/month less than the state average.
Averaging about 19 minutes, Lake City's commute time is faster than the Michigan average of about 25 minutes. Driving a car or truck is the prevailing means of commuting to work, selected by 32% of workers, while public transportation is not used. Walking (3%) isn't a common means of commuting to work, though the number exceeds the national average.
Lake City has a large concentration of residents over the age of 25 who possess a high school degree or GED (25%) compared to the national average. Additionally, 13% have a Bachelor's, Master's, Professional, or Doctoral degree. Lake City residents have a plethora of industries from which to choose. The four most common are retail, manufacturing, public administration, and entertainment. Together, these industries make up 25% of the labor force in the town. Meanwhile, looking at job function, many workers in these industries are in sales, as 6% of the town's population reports this as their field of work, the highest number of any field. With an average annual income of about $53K, Lake City workers earn about $8,000 less than their peers elsewhere in the state. The town's average income also falls below the national average of $73,345.
© 2020 RentPath, LLC. All rights reserved. All photos, videos, text and other content are the property of RentPath, LLC. APARTMENT GUIDE and the APARTMENT GUIDE Trade Dress are registered trademarks of RentPath, LLC or its affiliates.
Apple, the Apple logo, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.
Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.