Lake City boasts a diverse community, with many great public schools, good weather, and a low cost of living. The city also offers plenty of housing and job opportunities, as well as many outdoor activities to take advantage of. This is why many residents continue to choose Lake City, FL.
In Lake City, residents aged 65 years and older make up 18% of the population. Residents aged 25-34 years make up 15%, 35-44 years and 45-54 years each make up 11%, and 55-64 years make up 12%. In terms of educational attainment, 36% of residents graduate high school and 35% have some college or associate degree. Only 13% hold a bachelor’s degree and 8% hold a master’s degree or higher. The median household income is $38,544.
Although most residents in Lake City rent their homes, there is still a substantial number of residents who own their homes. A lot of these homes belong to homeowners associations, which play a major role in maintaining curb appeal and property values. Unfortunately, not all HOA boards have the necessary skills and knowledge to successfully run an entire community. As such, most of these associations turn to Lake City HOA management companies for assistance.
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