Lake City, MN 55041 has a population of approximately 7,784 and experiences a population change rate of 4.32%. The population density is 53.1 / sq mi .
Lake City, MN 55041 Real Estate for Sale

$409,900
4 Beds · 2 Baths · 2,492 Sq. Ft.

$409,900
4 Beds · 2 Baths · 2,492 Sq. Ft.
Lake City, MN 55041 has a population of approximately 7,784 and experiences a population change rate of 4.32%. The population density is 53.1 / sq mi .
The median household income for Lake City, MN 55041 is $70,924, with 3,301 households and an average household size of 2.24.
The median value of a home in Lake City, MN 55041 is $288,600 with an appreciation rate of 12.20%. 68.36% of housing in the state is owned while 18.53% is rented.
The cost of living in Lake City, MN 55041 is 98.8 %.
The unemployment rate in Lake City, MN 55041 is 2.80%, and recent job growth is at -0.14%. Future job growth is projected at 25.14%.
The sales tax rate in Lake City, MN 55041 is 7.38%, while the income tax rate is 6.80% .
School expenditures in Lake City, MN 55041 are $16,872, and the school ratio is 16.8:1.
The average high temperature in July is 83 degrees, with an average low temperature in January of 4.7 degrees. The average rainfall is approximately 33.2 inches per year, with 42.3 inches of snow per year.