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Lake City, MI
Considering a move to Lake City, MI? With a small-town feel and a population of just 836, Lake City offers affordable living—median home prices are around $132,000 and average rents just $790. Residents enjoy short commute times of about 22 minutes, low violent crime, and beautiful Michigan seasons with plenty of outdoor recreation. Local schools provide a close-knit educational environment, and living costs are well below the national average, making it a great choice for those seeking a quiet, budget-friendly community.
Lake City, Michigan is a small, close-knit community with a population of 836 and a median age of 43.2 years. The city is predominantly White, with minimal diversity, and the gender ratio is nearly balanced. Residents enjoy a relaxed pace of life and a strong sense of local identity.
Living in Lake City is highly affordable, with a median home value of $132,000 and average rent at $790. The overall cost of living index is about 15% below the national average, making it an attractive option for budget-conscious families. Utilities and state taxes remain reasonable, helping residents stretch their dollars further.
Lake City offers a relatively safe environment, with a low violent crime rate of 170 incidents per 100,000 people. Property crime is more common but still moderate, giving residents peace of mind. The small-town atmosphere contributes to a strong sense of security within the community.
Residents experience all four seasons, with cold winters averaging lows around 13°F and warm summers reaching up to 79°F. The area receives about 32.6 inches of rainfall annually and enjoys sunshine nearly half the year. This climate supports a variety of outdoor activities throughout the seasons.
The typical household income in Lake City is $38,900, reflecting the area’s affordability. About 89% of adults have at least a high school diploma, and the poverty rate is higher than average at 20.7%. Commute times are short, and public transit usage is minimal, highlighting the city’s small-town character.
Local public schools, such as Lake City Elementary and High School, offer a supportive environment with moderate class sizes and dedicated staff. Higher education is accessible nearby at Baker College of Cadillac, just 15 miles away. The community values education, with a high high-school graduation rate and opportunities for further learning.
Healthcare needs are served by nearby facilities like Munson Healthcare Cadillac Hospital, with 1.2 physicians per 1,000 residents. The majority of locals—92%—have health insurance, and emergency care is accessible. Residents benefit from reliable healthcare options close to home.
Lake City's housing market is stable and affordable, featuring a median home price of $132,000 and an average two-bedroom rent of $800. Most homes are owner-occupied, with a healthy appreciation rate of 7.1% over the past year. Low vacancy and foreclosure rates make this a promising area for buyers and renters alike.
Residents handle vehicle and licensing needs through the Michigan Department of State, with a main office in Lansing and a user-friendly website. The state provides accessible services and information for vehicle registration, licensing, and more. Contacting the DMV is straightforward via phone or online resources.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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