What percentage of people rent in Lake City, CO?
36.1% (±17.5 points) of the occupied homes in Lake City, CO are rented (2020–2024 American Community Survey).
That is 104 renting households against 184 that own their home.
In Lake City, the share of households that rent went from 27.7% in 2015–2019 to 36.1% in 2020–2024 (+8.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 36.1% (±17.5 points)
- Renting households
- 104 (±66)
- Median renter income
- $61,802 (±$28,151)
Who rents and who owns in Lake City
| Lake City | Hinsdale County | Colorado | United States | |
|---|---|---|---|---|
| Renter-occupied share | 36.1% (±17.5 points) | 23.9% (±11.2 points) | 33.8% (±0.3 points) | 34.8% |
| Renting households | 104 (±66) | 122 (±64) | 802,483 (±6,593) | 45,017,354 |
| Owning households | 184 (±63) | 389 (±67) | 1,571,735 (±8,198) | 84,210,142 |
| Average renter household size | 1.8 (±0.4) | 1.8 (±0.3) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.0 (±0.4) | 2.0 (±0.2) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $61,802 (±$28,151) | $61,570 (±$1,587) | $63,537 (±$555) | $52,966 |
| Median owner household income | $75,556 (±$54,657) | $80,156 (±$29,911) | $117,732 (±$838) | $100,009 |
In Lake City, the renter share is not measurably different from Hinsdale County (23.9%).
It is not measurably different from Colorado (33.8%).
It is not measurably different from the national figure (34.8%).
Statewide, it ranks 104 of 339.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lake City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 27.7% (±9.5 points) | 36.1% (±17.5 points) | +8.4 percentage points | Not a measurable change |
| Median gross rent | $754 (±$100) | $1,180 (±$152) | +56.5% | Up after inflation |
| Median household income | $55,714 (±$10,149) | $61,919 (±$29,204) | +11.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Lake City
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lake City | — | 36.1% (±17.5 points) | — |
| Ouray | 20 mi | 27.2% (±11.2 points) | Not measurably different |
| City of Creede | 24 mi | 55.2% (±17.8 points) | Not measurably different |
| Silverton | 24 mi | 52.4% (±13.7 points) | Not measurably different |
| Ridgway | 26 mi | 27.1% (±9.6 points) | Not measurably different |
| Telluride | 28 mi | 15.0% (±8.1 points) | Lower |
| Mountain Village | 30 mi | 72.6% (±7.0 points) | Higher |
| Ophir | 31 mi | 28.8% (±26.2 points) | Not measurably different |
| Sawpit | 38 mi | 0.0% (±100.0 points) | Not measurably different |
Nearby places with a measurably lower figure: Telluride, CO (15.0%).
Nearby places with a measurably higher figure: Mountain Village, CO (72.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Lake City
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Questions about Lake City
How many renters are there in Lake City?
Lake City has an estimated 104 (±66) renting households, 36.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Lake City?
In Lake City, the share of households that rent went from 27.7% in 2015–2019 to 36.1% in 2020–2024 (+8.4 percentage points), not a measurable change.
How big are renting households in Lake City?
A renting household in Lake City has 1.8 people on average, against 2.0 in an owned home.
How much do renters earn in Lake City?
The median renting household in Lake City, CO has an income of $61,802 (±$28,151) a year, against $75,556 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake City town, Colorado
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake City town, Colorado
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake City town, Colorado
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake City town, Colorado
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake City town, Colorado
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake City town, Colorado (place:42330, in state:08).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lake City at a glance
- Median rent in Lake City
- Income and affordability in Lake City
- Home values in Lake City
- Homeowner costs in Lake City
- Property taxes in Lake City
- Types of homes in Lake City
- Bedrooms in Lake City
- Age of homes in Lake City
- Heating fuel in Lake City
- Commute and cars in Lake City
- Colorado landlord and tenant rules
- Housing across Hinsdale County
- Colorado places ranked by share of renters
- Housing data for every place in Colorado