Lake City vs Wabasha

A side-by-side comparison of Lake City and Wabasha: population, income, housing, and more.

Lake City and Wabasha are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lake City has the higher population (5,021 vs 2,569 in Wabasha). Lake City has the higher median household income ($76,125 vs $62,016 in Wabasha). Lake City has the higher median home value ($234,100 vs $212,800 in Wabasha).

Population, income & housing

	Lake City	Wabasha
Population	5,021	2,569
Median age	48.4 yrs	55.2 yrs
Median household income	$76,125	$62,016
Median home value	$234,100	$212,800
Median gross rent	$1,022	$773
Housing units	2,682	1,380
Homeownership rate	78.8%	69.7%
Bachelor's degree or higher	32.0%	24.4%
Unemployment rate	0.4%	3.3%

Trends (ACS 5-year, 2019–2023)

	Lake City	Wabasha
Population	5,261 → 5,021 (-4.6%)	2,673 → 2,569 (-3.9%)
Median household income	$57,853 → $76,125 (+31.6%)	$52,534 → $62,016 (+18.0%)
Median home value	$169,600 → $234,100 (+38.0%)	$165,000 → $212,800 (+29.0%)
Median gross rent	$845 → $1,022 (+20.9%)	$696 → $773 (+11.1%)

Lake City

Population

5,2615,021

Median household income

$57,853$76,125

Median home value

$169,600$234,100

Median gross rent

$845$1,022

Wabasha

Population

2,6732,569

Median household income

$52,534$62,016

Median home value

$165,000$212,800

Median gross rent

$696$773

Age & race/ethnicity

Age distribution (share)

	Lake City	Wabasha
Under 5	4.0%	2.7%
5 to 17	15.5%	12.7%
18 to 24	6.0%	5.6%
25 to 34	8.3%	6.7%
35 to 44	12.5%	10.4%
45 to 54	10.7%	11.6%
55 to 64	14.7%	15.3%
65 to 74	14.2%	16.5%
75 and over	14.1%	18.5%

Race & ethnicity (share)

	Lake City	Wabasha
White (non-Hispanic)	92.7%	97.0%
Black or African American	1.0%	0.0%
American Indian & Alaska Native	0.1%	0.4%
Asian	1.6%	0.2%
Native Hawaiian & Pacific Islander	0.0%	1.2%
Some other race	0.3%	0.0%
Two or more races	3.2%	1.1%
Hispanic or Latino	1.2%	0.0%

Educational attainment (age 25+)

Share of adults 25+

	Lake City	Wabasha
No high school diploma	4.2%	6.1%
High school graduate	30.7%	28.9%
Some college or associate's	33.1%	40.6%
Bachelor's degree	18.0%	15.8%
Graduate or professional degree	13.9%	8.5%

Commute to work

How workers get to work (share)

	Lake City	Wabasha
Drove alone	72.2%	73.8%
Carpooled	11.5%	11.1%
Public transit	0.0%	0.0%
Walked	3.0%	2.7%
Bicycle	1.9%	0.0%
Worked from home	10.8%	9.3%
Other means	0.7%	2.9%

Housing

Units in structure (share)

	Lake City	Wabasha
1-unit, detached	62.9%	65.9%
1-unit, attached	9.1%	8.0%
2 to 4 units	4.7%	10.1%
5 to 19 units	4.4%	4.4%
20 or more units	10.7%	10.1%
Mobile home & other	8.1%	1.3%

Poverty & households

	Lake City	Wabasha
Poverty rate	6.5%	9.8%
Average household size	2.16	1.96
Mean commute (minutes)	22	21
Median year structure built	1974	1966