HomeGeorgiaClayton CountyLake City
Lake City, Georgia: commercial real estate data.
Lake City is a Census city of 2,909 people across 1.85 square miles of land, in Clayton County. Median household income is $54,464, 53.0 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $567,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lake City
What Lake City is
- Census place typecity
- Land area1.85 sq mi
- Water area0 sq mi
- Population per square mile of land1,569
- County holding the largest share of its areaClayton 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
- Population2,909
- Median age45.5
- Population under 18413 plus or minus 205
- Share under 1814.2 percent plus or minus 7.1
- Population 65 and over467 plus or minus 152
- Share 65 and over16.1 percent plus or minus 5.2
- Households1,012 plus or minus 203
- Family households547 plus or minus 110
- Share of households that are families54.1 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$54,464 plus or minus $19,477
- Per capita income$27,104 plus or minus $6,046
- Civilian labor force1,543
- Employed1,514
- Unemployed29 plus or minus 39
- Unemployment rate1.9 percent plus or minus 2.5
- Adults 25 and over2,220
- Adults 25 and over with a high school diploma or higher56.3 percent plus or minus 12.9
- Adults 25 and over with a bachelor degree or higher10.7 percent plus or minus 5.7
- Adults 25 and over with a graduate degree2.1 percent plus or minus 2.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake City
Housing in Lake City
- Housing units1,098
- Occupied units1,012 plus or minus 203
- Vacant units86 plus or minus 73
- Vacancy rate7.8 percent plus or minus 6.5
- Owner occupied536 plus or minus 125
- Renter occupied476 plus or minus 202
- Ownership rate53.0 percent
- Median owner-occupied home value$192,500
- Median gross rent, monthly$1,133
- Annual rent as a share of median income25.0 percent plus or minus 9.0
- Single family units846 plus or minus 169
- Share single family77.0 percent
- Units in buildings of two or more252 plus or minus 153
- Share in buildings of two or more23.0 percent plus or minus 13.3
- Mobile homes0
- Median year structure built1971
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 commute1,342
- Commuting under 15 minutes427 plus or minus 145
- Share commuting under 15 minutes31.8 percent plus or minus 9.7
- Commuting 30 minutes or more698 plus or minus 254
- Share commuting 30 minutes or more52.0 percent plus or minus 17.1
- Drove alone55.4 percent
- Carpooled25.6 percent plus or minus 10.8
- Public transport2.0 percent plus or minus 3.0
- Walked0.6 percent plus or minus 1.0
- Worked from home10.7 percent plus or minus 6.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake City
SBA loans in Lake City (7(a))
- Approvals1
- Gross approval$567,000
- Average approval$567,000
- Median approval$567,000
- Largest approval$567,000
- Jobs supported2
- Jobs per approval2.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Lake City, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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)
- Approvals3
- Gross approval$1,741,000
- Average approval$580,333
- Median approval$426,000
- Largest approval$1,036,000
- Jobs supported50
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Lake City, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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
- NFIP communityCity of Lake City
- NFIP community number130044
- Participating in the NFIPYes
- Community Rating System classClass 8
- Currently effective map date06/07/17
The City of Lake City participates in the National Flood Insurance Program as community 130044 and carries Community Rating System class 8, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Clayton County, not Lake City
Clayton County context, not Lake City figures
- Establishments in Clayton County4,115
- Covered employment, Clayton County130,345
- Average annual pay, Clayton County$77,005
- Housing units permitted, Clayton County930
Every figure in this section is published for Clayton County as a whole and is not a measurement of Lake City.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Lake City questions, answered from the record.
How many people live in Lake City, Georgia?
2,909, in 1,012 households. Lake City city covers 1.85 square miles of land, which is 1,569 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?
Clayton 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?
$54,464. The median owner-occupied home is valued at $192,500. Median gross rent is $1,133 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?
1 7(a) approvals totaling $567,000 since FY2020, across 1 lenders, median approval $567,000, plus 3 504 approvals worth $1.7 m since FY2010. 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 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. 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 Lake City, city of, community 130044, carrying Community Rating System class 8, which is a premium discount for exceeding the program minimum. 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 labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Clayton 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?
No. Nothing on this page presents parcel level zoning.
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