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Lake City, IL Profile: Facts & Data

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Lake City, Illinois - Basic Facts

The Lake City CDP(1) had a population of 75 as of July 1, 2024. Lake City ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Lake City is located at latitude 39.7545 and longitude -88.7201 in Moultrie County. Moultrie County is in the Central time zone (GMT -6).

It also has a Functional Status Code of ""

The Lake City Census Designated Place is located within Township of Dora, a minor civil division (MCD) of Moultrie County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Lake City 2024 Demographic Data
  2. Growth Rates for Lake City (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2024 Demographics
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Lake City, IL Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 75 (100%)
Population in Households 75 (100.0%)
Population in Families 63 (84.0%)
Population in Group Quarters1 0
Population Density 194
Diversity Index2 24
 
 

INCOME

Median Household Income $57,162
Average Household Income $82,145
% of Income for Mortgage4 0%
Per Capita Income $38,334
Wealth Index5 62
Socioeconomic Status Index6 Moderate (61.6)
 

HOUSING

Total HU (Housing Units) 37 (100%)
Owner Occupied HU 30 (81.1%)
Renter Occupied HU 5 (13.5%)
Vacant Housing Units 2 ( 5.4%)
Median Home Value $96,154
Average Home Value $156,667
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 35
Average Household Size 2.14
Family Households 23
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population 1.98% -1.65%
Households 0.00% -0.58%
Families   2.48%
Median Household Income   6.65%
Per Capita Income   5.27%
Owner Occupied HU   0.66%

Lake City, IL - Peer Comparisons by Rank and Percentile

The table below compares Lake City to the other 1,462 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 1395 5th
Population Density # 1329 9th
Median Household Income # 1136 22nd
Housing Affordability Index # 95 6th
Per Capita Income # 730 50th
Diversity Index # 640 56th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

Lake City, IL - Most Popular Things to Do

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