Lake City, IA Employment - Median Household Income, Unemployment Rate

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C+

2%

Income/capita NAT. AVG.

1%

Household income NAT. AVG.

86%

Unemployment NAT. AVG.

Index	Lake City	Iowa	National
Income per capita	$44,132	$42,672	$44,883
Median household income	$80,817	$81,387	$81,333
Median income owner occupied	$95,864	$98,724	$106,172
Median income renter occupied	$44,732	$45,890	$52,080
Median earnings male	$58,428	$54,047	$54,343
Median earnings female	$42,138	$36,462	$38,439
Unemployment rate	0.7%	3.2%	4.9%
Poverty level	15.5%	12.3%	15.1%

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Homes For Sale In Lake City, IA

203 W Jefferson St

Lake City, IA

610 W Jefferson St

Lake City, IA

301 W South St

Lake City, IA

Key findings

The income per capita in Lake City is 2% lower than the national average
The median household income in Lake City is 1% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Lake City is 86% lower than the national average
The poverty level in Lake City is 2% higher than the national average

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am i middle class

$53,872 $80,817 $161,634

City

$54,252 $81,387 $162,774

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Lake City median earnings by income bracket

Lake City employment by industry

Labour Type	Male	Female
Construction industry	6.2%	6.2%
Manufacturing sector	25.8%	25.8%
Financial & insurance services	2.3%	2.3%
Wholesale & retail services	16.1%	16.1%
Public administration	3.5%	3.5%
Transportation, warehousing & utilities	8.1%	8.1%
Education, health & social services	13.8%	13.8%
Other	23.1%	23.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Twin Lakes, IA	318	$155,372	91.0%
Knierim, IA	58	$110,616	36.0%
Glidden, IA	1,054	$99,304	22.1%
Lidderdale, IA	170	$89,160	9.6%
Breda, IA	440	$78,453	3.5%
Lake City, IA	1,788	$80,817	0.6%

Cities with similar population

City	Population	Household Income	National Avg.
Clarkesville, GA	1,788	$79,339	2.5%
Wilder, ID	1,788	$58,447	28.1%
Richmond, ME	1,788	$82,645	1.6%
Cacouna, QC	1,788	n/a
Nakusp, BC	1,788	n/a
Lake City, IA	1,788	$80,817	0.6%

Source: The Lake City, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.