The City of Lake City had a population of 6,623 as of July 1, 2019. Lake City ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in South Carolina. See peer rankings below.
The primary coordinate point for Lake City is located at latitude 33.871 and longitude -79.7553 in Florence County. The formal boundaries for the City of Lake City encompass a land area of 5.22 sq. miles and a water area of 0.01 sq. miles. Florence County is in the Eastern time zone (GMT -5). The elevation is 75 feet.
The City of Lake City (GNIS ID: 2404861) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
South Carolina is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Lake City is located within Lake City-Scranton Division of Florence County.
Alternate Unofficial Names for Lake City: Grahams Crossroads, Lynches Lake, McCreas Crossroads, The Crossroads.
HOUSING AFFORDABILITY INDEX
|Lake City, SC Housing Affordability Index is 177 |
State of South Carolina Housing Affordability Index is 149
|The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.|
|Lake City, SC Wealth Index is 46 |
State of South Carolina Wealth Index is 81
|The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.|
These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.
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|Total Population||6,623 (100%)|
|Population in Households||6,597 (99.6%)|
|Population in Families||5,533 (83.5%)|
|Population in Group Quarters1||26 ( 0.4%)|
|Median Household Income||$29,455|
|Average Household Income||$47,542|
|Per Capita Income||$17,901|
|Total Housing Units||2,917 (100%)|
|Owner Occupied HU||1,477 (50.6%)|
|Renter Occupied HU||1,018 (34.9%)|
|Vacant Housing Units||422 (14.5%)|
|Median Home Value||$88,600|
|Housing Affordability Index3||177|
|Average Household Size||2.64|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.76%|
|Per Capita Income||3.27%|
The table below compares Lake City to the other 397 incorporated cities, towns and CDPs in South Carolina by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 83||79th|
|Population Density||# 91||77th|
|Diversity Index||# 249||37th|
|Median Household Income||# 349||12th|
|Per Capita Income||# 314||21st|
Additional comparisons and rankings can be made with a VERY EASY TO USE South Carolina Census Data Comparison Tool.