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IA area data

Lake City, IA

Lake City, IA.

Population: 1,950 (Census ACS)

Home values & appreciation

Median home value
$157,449
1-year appreciation
+14.4%
3-year appreciation
+22.6%
5-year appreciation
+37.8%
10-year appreciation
+92.9%
All-time peak (2026-07)
$157,449
House Price Index
379.0 (+3.7% YoY)

Affordability

Cost of living index (Low)
89.5 (100 = US avg)
Electricity rate (state-level)
13.7¢/kWh
Natural gas rate (state-level)
$10.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
0
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
drought, hail, strongWind, tornado, winterWeather

Climate (30-year normals)

Average annual temperature
48.0°F
Average high
59.0°F
Average low
37.0°F
Annual precipitation
38.4 in

Amenities

Nearest airport
Rockwell City Municipal Airport (8 mi)
Nearest major airport
Fort Dodge Regional Airport (FOD) (32 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-8 tax filers

Housing stock

Median year housing built
1,951
Median annual property tax
$1,481
Households with broadband internet
68.4%

Employment & development

Total county employment
2,088
Average weekly wage
$922
Top industries (by employment)
Wholesale Trade, Accommodation & Food, Finance & Insurance
Annual residential building permits (county)
1

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents