Lake City, MN
Lake City is located in southeast Minnesota. Lake City is between the Wabasha, Goodhue county. Lake City has 4.50 square miles of land area and 0.06 square miles of water area. As of 2010-2014, the total Lake City population is 5,093, which has grown 2.89% since 2000. The population growth rate is much lower than the state average rate of 9.44% and is much lower than the national average rate of 11.61%. Lake City median household income is $48,390 in 2010-2014 and has grown by 19.08% since 2000. The income growth rate is much lower than the state average rate of 29.12% and is lower than the national average rate of 27.36%. Lake City median house value is $146,500 in 2010-2014 and has grown by 47.83% since 2000. The house value growth rate is lower than the state average rate of 51.31% and is about the same as the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Lake City is better than the state average in quality. The Lake City area code is 651.
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