HomeFloridaColumbia CountyLake City city
Lake City city, Florida: commercial real estate data.
Lake City city is a Census city of 12,515 people across 14.31 square miles of land, in Columbia County. Median household income is $56,472, 39.9 percent of occupied homes are owned, and the SBA record carries 46 7(a) approvals to borrowers here worth $31.2 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lake City
What Lake City is
- Census place typecity
- Land area14.31 sq mi
- Water area0.43 sq mi
- Population per square mile of land875
- County holding the largest share of its areaColumbia County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake City
How many people live in Lake City
- Population12,515
- Median age36.9
- Population under 183,225
- Share under 1825.8 percent
- Population 65 and over2,245
- Share 65 and over17.9 percent
- Households4,688
- Family households3,121
- Share of households that are families66.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake City
Income and work in Lake City
- Median household income$56,472
- Per capita income$29,767
- Civilian labor force5,594
- Employed5,456
- Unemployed138 plus or minus 86
- Unemployment rate2.5 percent plus or minus 1.5
- Adults 25 and over8,205
- Adults 25 and over with a high school diploma or higher89.0 percent
- Adults 25 and over with a bachelor degree or higher23.7 percent
- Adults 25 and over with a graduate degree7.2 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake City
Housing in Lake City
- Housing units5,130
- Occupied units4,688
- Vacant units442 plus or minus 233
- Vacancy rate8.6 percent plus or minus 4.5
- Owner occupied1,870
- Renter occupied2,818
- Ownership rate39.9 percent
- Median owner-occupied home value$184,900
- Median gross rent, monthly$1,040
- Annual rent as a share of median income22.1 percent
- Single family units2,844
- Share single family55.4 percent
- Units in buildings of two or more2,090 plus or minus 452
- Share in buildings of two or more40.7 percent
- Mobile homes196 plus or minus 153
- Median year structure built1980
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake City
How Lake City gets to work
- Workers 16 and over who commute5,110
- Commuting under 15 minutes2,163 plus or minus 458
- Share commuting under 15 minutes42.3 percent
- Commuting 30 minutes or more1,442 plus or minus 343
- Share commuting 30 minutes or more28.2 percent plus or minus 6.1
- Drove alone77.0 percent
- Carpooled13.8 percent plus or minus 4.6
- Public transport0.0 percent
- Walked0.6 percent plus or minus 0.7
- Worked from home6.1 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake City
SBA loans in Lake City (7(a))
- Approvals46
- Gross approval$31,229,700
- Average approval$678,907
- Median approval$205,600
- Ninetieth percentile approval$2,565,000
- Largest approval$4,200,000
- Jobs supported308
- Jobs per approval6.7
- Loans with a final outcome7
- Paid in full7
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more26.1 percent
- Share to franchises19.6 percent
- Distinct lenders24
- Distinct industries by NAICS34
A charge-off rate is not published here. only 7 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lake City
SBA loans in Lake City (504)
- Approvals30
- Gross approval$11,295,000
- Average approval$376,500
- Median approval$312,000
- Largest approval$1,250,000
- Jobs supported147
- Loans with a final outcome8
- Charged off0
- Median term300 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake City
Flood risk in Lake City
- Listed NFIP communities1
- Of those, participating1
- NFIP community number120406
- Currently effective map date11/02/18
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Columbia County, not Lake City
Columbia County context, not Lake City figures
These are Columbia County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lake City measurements.
- Establishments in Columbia County1,492
- Employment at those establishments, Columbia County20,689
- Covered employment, Columbia County24,644
- Average annual pay, Columbia County$51,261
- Average weekly wage, Columbia County$986
- Housing units permitted, Columbia County178
- Of those, single family, Columbia County174
- County product, 2024, Columbia County$3,522,864,000
- County product change over the prior year, Columbia County3.2 percent
- Average income of an arriving household, Columbia County$52,194
Every figure in this section is published for Columbia County as a whole and is not a measurement of Lake City. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lake City questions, answered from the record.
How many people live in Lake City, Florida?
12,515, in 4,688 households. Lake City city covers 14.31 square miles of land, which is 875 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake City in?
Columbia County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lake City?
$56,472. The median owner-occupied home is valued at $184,900. Median gross rent is $1,040 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lake City businesses?
46 7(a) approvals totalling $31.2 m, across 24 lenders, median approval $205,600, plus 30 504 approvals worth $11.3 m. These count approvals to borrowers whose address is in Lake City, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake City borrowers get paid back?
No rate is published for Lake City. only 7 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Lake City in the National Flood Insurance Program?
Yes. Lake City appears in the FEMA Community Status Book as community 120406, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Lake City figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Columbia County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lake City.
Is zoning published for Lake City?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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