Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

96 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,295

Average Rent as Percentage of Gross Income

Median rent for 2018: $868

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $13,474
--Home Prepared Food $7,592
--Restaurant/Takeaway Food $5,881
Alcoholic Beverages $989
Housing $34,152
--Rent/Mortgage/Upkeep/Taxes $19,970
--Utilities $6,884
--Operations $2,593
--Supplies $1,270
--Furnishings $3,449
Apparel $3,168
--Men & Boys $708
--Women & Girls $1,283
--Children < 2 $13
--Footwear $668
Transportation $16,588
--New Vehicles $3,101
--Used Vehicles $3,542
--Fuel $3,582
--Insurance $1,657
--Public Transit $1,390
Healthcare $8,448
Entertainment $5,480
--Pets $1,123
--Toys $267
Personal Care Products $1,310
Books & Literature $187
Education $2,393
Tobacco Products $588
Miscellaneous $1,684
Retirement $3,208
Non-health Insurance $12,404
Total Expenditures $104,074

Selected Population Data

Period Geography Population
2014 Lake City city, Minnesota 5,093
2015 Lake City city, Minnesota 5,111
2016 Lake City city, Minnesota 5,111
2017 Lake City city, Minnesota 5,154
2018 Lake City city, Minnesota 5,165