Lake City, FL Real Estate

According to census data in the year 2000 there were 4,513 housing units in Lake City. This represents a 0.4% growth from 4,494 in 1990.

Of those housing units, 4,446 were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.

Homeownership rate in Lake City is about 54.9%. Lake City's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Lake City were built after 1967.


Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom14%
Two Bedrooms37.10%
Three Bedrooms40%
Four Bedrooms6.60%
Five Bedrooms or more0.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1964
Median Value of occupied units$58,900
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1973
Median Monthly Rent asked for vacant units$320

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage6.80%
Home Equity Loan2.20%
Simple Mortgage47%
Debt Free43.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%