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Lake City, TN 37769 has a population of approximately 5,617 and experiences a population change rate of -9.14%. The population density is 194.8 / sq mi .
The median household income for Lake City, TN 37769 is $53,304, with 2,254 households and an average household size of 2.43.
The median value of a home in Lake City, TN 37769 is $182,700 with an appreciation rate of 24.90%. 60.06% of housing in the state is owned while 23.76% is rented.
The cost of living in Lake City, TN 37769 is 86.7 %.
The unemployment rate in Lake City, TN 37769 is 2.50%, and recent job growth is at 1.41%. Future job growth is projected at 42.13%.
The sales tax rate in Lake City, TN 37769 is 9.75%, while the income tax rate is 0.00% .
School expenditures in Lake City, TN 37769 are $12,296, and the school ratio is 13.8:1.
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 27.1 degrees. The average rainfall is approximately 53.5 inches per year, with 5.5 inches of snow per year.