Location Summary

• In 2017, Lake City, FL had a population of 68.5k people with a median age of 40.7 and a median household income of $43,504. Between 2016 and 2017 the population of Lake City, FL grew from 68,198 to 68,484, a 0.419% increase and its median household income grew from $42,848 to $43,504, a 1.53% increase. The population of Lake City, FL is 73.1% White Alone, 17.6% Black or African American Alone, and 5.81% Hispanic or Latino. N/A% of the people in Lake City, FL speak a non-English language, and 98.4% are U.S. citizens. The largest universities in Lake City, FL are Florida Gateway College (851 degrees awarded in 2016). The median property value in Lake City, FL is $112,500, and the homeownership rate is 73%. Most people in Lake City, FL commute by Drove Alone, and the average commute time is 23.9 minutes. The average car ownership in Lake City, FL is 2 cars per household. Lake City, FL borders Jacksonville, FL, Gainesville, FL, and Valdosta, GA. POPULATION-68,484 MEDIAN AGE-40.7 NUMBER OF EMPLOYEES-25,911 MEDIAN HOUSEHOLD INCOME-$43,504
• Lake City and Columbia County are known as "The Gateway to Florida" because Interstate 75 runs through them, carrying a large percentage of Florida's tourist and commercial traffic. Lake City is the northernmost sizable town/city in Florida on Interstate 75 and the location where I-10 and I-75 intersect. Interstate 10 is the southernmost east-west major interstate highway and traverses the country from Jacksonville, Florida, to Santa Monica, California. U.S. 41 and U.S. 90 (the U.S. highway versions of I-75 and I-10) have intersected in Lake City since 1927, long before the Interstate highways were built. The city relies on travelers for a considerable part of its economy. The median income for a household in the city is $28,533, and the median income for a family is $39,133. Males have a median income of $31,261 versus $27,656 for females. The per capita income for the city is $18,083. 20.5% of the population and 17.4% of families are below the poverty line. Out of the total population, 25.9% of those under the age of 18 and 14.0% of those 65 and older are living below the poverty line. Since 2000, three companies have begun large operations in Lake City: Hunter Panels, New Millennium and United States Cold Storage. Target built their first company-owned and third-party-operated perishable food distribution center in Lake City in 2008.[32] The Lake City Gateway Airport is a local center of business. The airport is classified as a general aviation facility, but two on-site operations are somewhat unusual. HAECO (formerly TIMCO) is an aircraft modification and rehabilitation operation for large (B-727, 737 and Airbus A-320 A-319) civilian and military aircraft. The U.S. Forest Service uses C-130 transport aircraft in support of its forest fire-fighting operations in the southeastern United States.