The median home value in Lake City, TN is $239,000. This is higher than the county median home value of $141,800. The national median home value is $219,700. The average price of homes sold in Lake City, TN is $239,000. Approximately 36.51% of Lake City homes are owned, compared to 48.14% rented, while 15.35% are vacant. Lake City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake City real estate agent to arrange a tour today!
Lake City, Tennessee has a population of 1,886. Lake City is less family-centric than the surrounding county with 21.65% of the households containing married families with children. The county average for households married with children is 24.97%.
The median household income in Lake City, Tennessee is $21,346. The median household income for the surrounding county is $47,206 compared to the national median of $57,652. The median age of people living in Lake City is 46.8 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 24.7 degrees. The average rainfall is approximately 52.2 inches per year, with 3.9 inches of snow per year.