Lake City, SC Profile: Facts & Data

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Lake City, South Carolina - Basic Facts

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.

Jump to... (On This Page!)
  1. Lake City 2019 Demographic Data
  2. Growth Rates for Lake City (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. South Carolina Research Tools (Easy Tools & Current Data)
  3. South Carolina Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Lake City, SC Data & Demographics (As of July 1, 2019)

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.

WEALTH INDEX

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.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the South Carolina COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

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%)
Population Density 1,240
Diversity Index2 44
 

INCOME

Median Household Income $29,455
Average Household Income $47,542
Per Capita Income $17,901
Wealth Index4 46

HOUSING

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
 

HOUSEHOLDS

Total Households 2,495
Average Household Size 2.64
Family Households 1,700
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. 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.
  4. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.09% 0.11%
Households -0.17% 0.04%
Families -0.28% -0.05%
Median Household Income   2.76%
Per Capita Income   3.27%

Lake City, SC - Peer Comparisons by Rank and Percentile

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.

Variable Description Rank Percentile
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.

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