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

Tenure, estimate (90% margin of error)
Lake CityHinsdale CountyColoradoUnited States
Renter-occupied share36.1% (±17.5 points)23.9% (±11.2 points)33.8% (±0.3 points)34.8%
Renting households104 (±66)122 (±64)802,483 (±6,593)45,017,354
Owning households184 (±63)389 (±67)1,571,735 (±8,198)84,210,142
Average renter household size1.8 (±0.4)1.8 (±0.3)2.2 (±0.0)2.3
Average owner household size2.0 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent27.7% (±9.5 points)36.1% (±17.5 points)+8.4 percentage pointsNot 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

Nearest places with a published estimate, compared with Lake City
PlaceDistanceHouseholds that rentCompared with this place
Lake City—36.1% (±17.5 points)—
Ouray20 mi27.2% (±11.2 points)Not measurably different
City of Creede24 mi55.2% (±17.8 points)Not measurably different
Silverton24 mi52.4% (±13.7 points)Not measurably different
Ridgway26 mi27.1% (±9.6 points)Not measurably different
Telluride28 mi15.0% (±8.1 points)Lower
Mountain Village30 mi72.6% (±7.0 points)Higher
Ophir31 mi28.8% (±26.2 points)Not measurably different
Sawpit38 mi0.0% (±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

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.

Request a Census API 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 .

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