HomeIowaCalhoun CountyLake City city
Lake City city, Iowa: commercial real estate data.
Lake City city is a Census city of 1,693 people across 4.82 square miles of land, in Calhoun County. Median household income is $74,167, 78.2 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $657,000.
66 sourced place values · tier FULL · 7 sections
Lake City
What Lake City is
- Census place typecity
- Land area4.82 sq mi
- Water area0 sq mi
- Population per square mile of land351
- County holding the largest share of its areaCalhoun 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
- Population1,693
- Median age46.5
- Population under 18315
- Share under 1818.6 percent
- Population 65 and over458
- Share 65 and over27.1 percent
- Households696
- Family households465
- Share of households that are families66.8 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$74,167
- Per capita income$35,045
- Civilian labor force848
- Employed835
- Unemployed13 plus or minus 10
- Unemployment rate1.5 percent plus or minus 1.2
- Adults 25 and over1,276
- Adults 25 and over with a high school diploma or higher94.4 percent
- Adults 25 and over with a bachelor degree or higher20.0 percent plus or minus 4.1
- Adults 25 and over with a graduate degree6.7 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake City
Housing in Lake City
- Housing units771
- Occupied units696
- Vacant units75 plus or minus 40
- Vacancy rate9.7 percent plus or minus 5.1
- Owner occupied544
- Renter occupied152 plus or minus 41
- Ownership rate78.2 percent
- Median owner-occupied home value$100,900
- Median gross rent, monthly$763
- Annual rent as a share of median income12.3 percent
- Single family units685
- Share single family88.8 percent
- Units in buildings of two or more59 plus or minus 31
- Share in buildings of two or more7.7 percent plus or minus 3.9
- Mobile homes27 plus or minus 26
- Median year structure built1952
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 commute795
- Commuting under 15 minutes416 plus or minus 86
- Share commuting under 15 minutes52.3 percent
- Commuting 30 minutes or more188 plus or minus 50
- Share commuting 30 minutes or more23.6 percent plus or minus 5.5
- Drove alone84.8 percent
- Carpooled4.9 percent plus or minus 3.5
- Public transport0.8 percent plus or minus 2.2
- Walked4.2 percent plus or minus 3.4
- Worked from home4.8 percent plus or minus 3.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake City
SBA 7(a) lending to Lake City borrowers
- Approvals2
- Gross approval$657,000
- Average approval$328,500
- Median approval$350,000
- Ninetieth percentile approval$350,000
- Largest approval$350,000
- Jobs supported7
- Jobs per approval3.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term246 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS2
A charge-off rate is not published here. only 0 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.
Calhoun County, not Lake City
Calhoun County context, not Lake City figures
These are Calhoun 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 Calhoun County280
- Employment at those establishments, Calhoun County2,241
- Covered employment, Calhoun County2,788
- Average annual pay, Calhoun County$48,076
- Average weekly wage, Calhoun County$925
- Housing units permitted, Calhoun County16
- Of those, single family, Calhoun County16
- County product, 2024, Calhoun County$559,921,000
- County product change over the prior year, Calhoun County-0.2 percent
- Average income of an arriving household, Calhoun County$48,801
Every figure in this section is published for Calhoun 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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, Iowa?
1,693, in 696 households. Lake City city covers 4.82 square miles of land, which is 351 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?
Calhoun 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?
$74,167. The median owner-occupied home is valued at $100,900. Median gross rent is $763 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?
2 7(a) approvals totalling $657,000, across 1 lenders, median approval $350,000. 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 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.
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 Calhoun 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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