The median household income in Lake City, MI in 2022 was $56,584, which was 18.4% less than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $28,864 in 2000 this represents an increase of 49.0%. The per capita income in 2022 was $29,080, which means an increase of 41.3% compared to 2000 when it was $17,067.
Whole page based on the data from 2000 / 2022 when the population of Lake City, Michigan was 923 / 700
Income statistics for all residents
Median household income in Lake City, MI in 2022:
Lake City:
$56,585
State:
$66,986
Change in median household income between 2000 and 2022:
Lake City, Michigan:
+96.0%
Michigan:
+50.0%
Number of households with income < $10k:
Lake City:
6.3% (17)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Lake City:
5.6% (15)
Michigan:
7.5% (306,955)
Number of households with income $20k - 30k:
Lake City:
7.8% (21)
Michigan:
7.9% (324,153)
Number of households with income $30k - 40k:
Lake City:
7.0% (19)
State:
8.3% (341,408)
Number of households with income $40k - 50k:
Lake City:
5.6% (15)
State:
7.9% (322,255)
Number of households with income $50k - 60k:
Lake City:
23.7% (64)
State:
7.5% (305,914)
Number of households with income $60k - 75k:
Lake City:
5.9% (16)
Michigan:
10.1% (414,440)
Number of households with income $75k - 100k:
Lake City:
12.2% (33)
State:
13.2% (538,299)
Number of households with income $100k - 125k:
Lake City:
11.5% (31)
State:
9.7% (396,282)
Number of households with income $125k - 150k:
Lake City:
8.1% (22)
Michigan:
6.7% (273,144)
Number of households with income $150k - 200k:
Lake City:
3.3% (9)
State:
7.5% (305,077)
Number of households with income > $200k:
Lake City:
3.0% (8)
State:
8.1% (330,644)
Aggregate household income in Lake City in 2022: $19,931,291
Median family income in Lake City in 2022:
Lake City:
$84,909
Michigan:
$85,865
Number of families with income $10k - 20k:
Lake City:
1.2% (2)
Michigan:
3.9% (100,567)
Number of families with income $20k - 30k:
Lake City:
1.7% (3)
State:
5.0% (127,320)
Number of families with income $30k - 40k:
Lake City:
6.8% (11)
State:
6.4% (163,565)
Number of families with income $40k - 50k:
Lake City:
7.5% (12)
Michigan:
6.8% (172,384)
Number of families with income $50k - 60k:
Lake City:
23.1% (38)
Michigan:
7.1% (179,870)
Number of families with income $60k - 75k:
Lake City:
4.5% (7)
Michigan:
10.3% (263,723)
Number of families with income $75k - 100k:
Lake City:
18.0% (29)
Michigan:
15.0% (383,364)
Number of families with income $100k - 125k:
Lake City:
18.2% (30)
Michigan:
11.8% (301,751)
Number of families with income $125k - 150k:
Lake City:
10.4% (17)
State:
8.6% (220,338)
Number of families with income $150k - 200k:
Lake City:
3.6% (6)
State:
10.2% (259,462)
Number of families with income > $200k:
Lake City:
5.0% (8)
State:
11.3% (287,206)
Median non-family income in Lake City in 2022:
Lake City:
$38,200
State:
$40,459
Change in median non-family income between 2000 and 2022:
Lake City, Michigan:
+118.3%
State:
+54.5%
Median per capita income in Lake City in 2022:
Lake City:
$29,080
State:
$38,151
Change in median per capita income between 2000 and 2022:
Lake City, Michigan:
+70.4%
Michigan:
+72.1%
Income statistics for White residents
Median household income in Lake City, MI in 2022:
Lake City:
$56,024
State:
$71,609
Change in median household income between 2000 and 2022:
Lake City, Michigan:
+94.9%
State:
+52.9%
Number of households with income < $10k:
Lake City:
6.7% (17)
State:
4.4% (140,440)
Number of households with income $10k - 20k:
Lake City:
5.9% (15)
State:
6.5% (205,547)
Number of households with income $20k - 30k:
Lake City:
8.3% (21)
State:
7.6% (242,254)
Number of households with income $30k - 40k:
Lake City:
7.5% (19)
State:
8.1% (257,175)
Number of households with income $40k - 50k:
Lake City:
4.7% (12)
Michigan:
7.8% (246,839)
Number of households with income $50k - 60k:
Lake City:
24.4% (62)
State:
7.4% (233,723)
Number of households with income $60k - 75k:
Lake City:
6.3% (16)
Michigan:
10.4% (328,664)
Number of households with income $75k - 100k:
Lake City:
12.6% (32)
State:
13.6% (431,867)
Number of households with income $100k - 125k:
Lake City:
12.2% (31)
State:
10.3% (325,164)
Number of households with income $125k - 150k:
Lake City:
5.9% (15)
State:
7.1% (226,232)
Number of households with income $150k - 200k:
Lake City:
3.5% (9)
State:
8.1% (255,445)
Number of households with income > $200k:
Lake City:
2.0% (5)
State:
8.7% (276,727)
Aggregate household income in Lake City in 2022: $17,688,688
Median family income in Lake City in 2022:
Lake City:
$77,575
Michigan:
$90,317
Number of families with income $10k - 20k:
Lake City:
1.3% (2)
Michigan:
3.2% (64,106)
Number of families with income $20k - 30k:
Lake City:
2.0% (3)
State:
4.6% (91,551)
Number of families with income $30k - 40k:
Lake City:
7.1% (11)
Michigan:
5.9% (117,356)
Number of families with income $40k - 50k:
Lake City:
7.9% (12)
Michigan:
6.4% (127,491)
Number of families with income $50k - 60k:
Lake City:
24.3% (36)
Michigan:
6.8% (135,883)
Number of families with income $60k - 75k:
Lake City:
4.8% (7)
State:
10.5% (209,130)
Number of families with income $75k - 100k:
Lake City:
19.2% (29)
Michigan:
15.5% (309,815)
Number of families with income $100k - 125k:
Lake City:
19.5% (29)
State:
12.4% (248,235)
Number of families with income $125k - 150k:
Lake City:
6.6% (10)
State:
9.2% (182,895)
Number of families with income $150k - 200k:
Lake City:
3.9% (6)
Michigan:
11.0% (218,573)
Number of families with income > $200k:
Lake City:
3.3% (5)
Michigan:
12.0% (239,713)
Median non-family income in Lake City in 2022:
Lake City:
$36,736
State:
$42,438
Change in median non-family income between 2000 and 2022:
Lake City, Michigan:
+105.7%
Michigan:
+56.8%
Median per capita income in Lake City in 2022:
Lake City:
$29,742
State:
$41,514
Change in median per capita income between 2000 and 2022:
Lake City, Michigan:
+76.6%
State:
+75.2%
Income statistics for Black or African American residents
Median per capita income in Lake City in 2022:
Lake City:
$31,765
State:
$25,207
Income statistics for Asian residents
Median per capita income in Lake City in 2022:
Lake City:
$59,009
State:
$48,128
Income statistics for Multirace residents
Aggregate household income in Lake City in 2022: $1,922,425
Median per capita income in Lake City in 2022:
Lake City:
$37,140
State:
$26,098
Change in median per capita income between 2000 and 2022:: -11.0%
Lake City, Michigan:
-11.0%
State:
+106.5%
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-11.0%
+106.5%