Moving to Lake City
What you need to know before relocating to Lake City, Florida. Data-driven insights on housing, jobs, safety, and quality of life.
Is Lake City a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Lake City compares favorably on multiple dimensions. Highlights include rent ($998/mo) is below the national average; home prices ($230,300) are well below the us median.
Lake City at a Glance
Cost of Living in Lake City
The median rent in Lake City is $998/month, while the median home value is $230,300. With a median household income of $60,812, residents spend roughly 20% of monthly income on rent.
Overall, the Lake City metro area is classified as very affordable compared to other US metros.
Job Market
Lake City has a median household income of $60,812, which is 18% below the national median. The local unemployment rate is 3.6%, compared to the national average of 3.7%.
Safety in Lake City
The violent crime rate in Lake City is 290 per 100,000 residents, which is 24% below the national average of 380.
Property crime rate: 1516 per 100,000 residents.
Education in Florida
Florida has a high school graduation rate of 90% and per-pupil spending of $12,415/year. The student-to-teacher ratio is 16:1.
34% of Florida adults hold a bachelor's degree or higher.
Healthcare Access
Florida has 265 physicians per 100,000 residents, a 10.9% uninsured rate, and 2.6 hospital beds per 1,000 people. Life expectancy in Florida is 77.8 years.
Pros and Cons of Living in Lake City
+Pros
- ✓Rent ($998/mo) is below the national average
- ✓Home prices ($230,300) are well below the US median
-Cons
- ✗Median household income ($60,812) trails the national median
- ✗Longer-than-average commute (27593 min)
Frequently Asked Questions
Is Lake City a good place to live?⌄
Lake City, Florida has several attributes that make it an attractive place to live, including rent ($998/mo) is below the national average and home prices ($230,300) are well below the us median. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Lake City?⌄
The median rent in Lake City is $998/month and the median home value is $230,300. The median household income is $60,812. Overall the metro is considered very affordable.
Is Lake City safe?⌄
Lake City has a violent crime rate of 290 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Lake City?⌄
Lake City has an unemployment rate of 3.6%, compared to the national average of 3.7%. The median household income is $60,812.