Housing data for Lake City, SC

Lake City, SC has an estimated 5,988 residents and 3,122 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a city in Florence County.

56.5% of households rent.

The median gross rent is $702 a month.

Its population shrank measurably since 2015–2019 (−9.5%).

Figures last updated on .

Residents
5,988 (±20)
Housing units
3,122 (±359)
Households that rent
56.5%
Median gross rent
$702
Residents since 2015–2019
−9.5%

What stands out in Lake City

Households without a vehicle: 17.0% (±6.0 points) in Lake City, higher than in Florence County (7.6%).

Households that rent: 56.5% (±9.0 points) in Lake City, higher than in Florence County (35.5%).

Homes built before 1980: 67.7% (±12.5 points) in Lake City, higher than in Florence County (40.6%).

Households that moved in since 2020: 8.6% (±4.6 points) in Lake City, lower than in Florence County (21.8%).

Housing in Lake City at a glance

Lake City against Florence County, its state and the nation

Estimate (90% margin of error)
Lake CityFlorence CountySouth CarolinaUnited States
Residents5,988 (±20)137,117 (exact)5,296,225 (exact)334,922,499
Housing units3,122 (±359)62,090 (±48)2,443,039 (±311)143,775,355
Households that rent56.5% (±9.0 points)35.5% (±1.8 points)28.1% (±0.3 points)34.8%
Median gross rent$702 (±$74)$954 (±$29)$1,180 (±$9)$1,413
Median household income$33,600 (±$8,895)$58,305 (±$2,979)$69,324 (±$570)$80,734
Median home value$144,300 (±$15,591)$177,900 (±$7,891)$259,000 (±$1,421)$332,700
Median real estate taxes (a year)$577 (±$143)$756 (±$30)$1,251 (±$7)$3,119
Built before 198067.7% (±12.5 points)40.6% (±2.1 points)32.8% (±0.3 points)49.7%
Average commute24.9 minutes (±7.0)22.0 minutes (±0.8)25.6 minutes (±0.1)26.4 minutes
Households with broadband77.9% (±7.6 points)83.3% (±1.4 points)88.8% (±0.2 points)91.0%
Median age of residents43.7 years (±3.6)39.4 years (±0.4)40.2 years (±0.2)38.9 years

Lake City covers 5.4 square miles of land, about 1,100 residents per square mile (Census Bureau Gazetteer).

How Lake City has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents6,617 (±24)5,988 (±20)−9.5%Measurable decrease
Housing units2,933 (±307)3,122 (±359)+6.4%Not a measurable change
Median gross rent$719 (±$155)$702 (±$74)−2.4%No measurable change after inflation
Median home value$89,700 (±$16,950)$144,300 (±$15,591)+60.9%Up after inflation
Median household income$38,613 (±$12,857)$33,600 (±$8,895)−13.0%No measurable change after inflation
Median owner cost with a mortgage$954 (±$71)$1,139 (±$136)+19.4%No measurable change after inflation
Median real estate taxes$545 (±$60)$577 (±$143)+5.9%No measurable change after inflation
Households that rent46.5% (±8.2 points)56.5% (±9.0 points)+10.0 percentage pointsNot a measurable change
Rental vacancy rate14.8% (±8.2 points)3.8% (±4.7 points)−11.0 percentage pointsMeasurable decrease

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.

Crime reported to police in Lake City

In 2025, the Lake City Police Department reported 1,834 violent and 3,753 property crimes per 100,000 residents to the FBI.

Across Florence County, the departments that report recorded 759 violent and 3,001 property crimes per 100,000 residents that year.

Places near Lake City

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Scranton3.5 mi$829$102,30064.6%
Coward7.6 mi$883$154,70036.3%
Olanta11 mi$845$115,00041.5%
Pamplico14 mi$589$142,50051.2%
Kingstree15 mi$546$177,00051.7%
Turbeville15 mi$625$80,00044.8%
Stuckey17 mi—$92,7009.3%
Timmonsville21 mi$891$104,30054.4%

Places in South Carolina most like Lake City

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Marion$651$137,300$30,66252.2%
Orangeburg$848$163,500$38,63555.4%
Brookdale$678$96,500$39,44954.1%
Dillon$630$115,500$35,89146.1%
Blacksburg$834$157,400$32,09258.5%
Bennettsville$671$92,100$37,11555.1%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across South Carolina.

HUD Fair Market Rent for Lake City, fiscal year 2027

Florence, SC HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$982$987$1,121$1,444$1,545

HUD income limits for Lake City, fiscal year 2026

Florence, SC HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$16,700$27,800$44,450
2 people$21,640$31,750$50,800
3 people$27,320$35,700$57,150
4 people$33,000$39,650$63,450
5 people$38,680$42,850$68,550
6 people$44,360$46,000$73,650
7 people$49,200$49,200$78,700
8 people$52,350$52,350$83,800

These are the limits HUD sets for its housing programs in the Florence, SC HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $79,300.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake City

What is the average rent in Lake City, SC?

The Census Bureau publishes the median rather than the average: the median gross rent in Lake City is $702 (±$74) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Lake City?

The median gross rent for a one-bedroom home in Lake City, SC is $426 (±$163) a month (2020–2024 American Community Survey).

Are renters in Lake City rent-burdened?

58.4% of renting households in Lake City pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Lake City?

Lake City has an estimated 1,475 (±346) renting households, 56.5% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Lake City?

The median household income in Lake City is $33,600 (±$8,895) a year (2020–2024 American Community Survey).

What is the average home value in Lake City, SC?

The Census Bureau publishes the median: $144,300 (±$15,591) for owner-occupied homes in Lake City (2020–2024 American Community Survey).

Is Lake City growing?

In Lake City, the number of residents went from 6,617 in 2015–2019 to 5,988 in 2020–2024 (−9.5%), a measurable decrease.

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) for Lake City city, South Carolina (place:39310, in state:45).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

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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