Lakesite, Tennessee Median Income

Lakesite, Tennessee has a population of 1,962, with a median household income of $78,215.

Current median income data for Lakesite.

$78,215

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Population

1,962

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Median Income

$78,215

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Unemployment

3.10%

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Housing Price

$338,700

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Crime Rate

7.90

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Internet Speed

151.20 Mbps

Lakesite is a small local community located in Tennessee. The city has a population that is below the average city population in Tennessee, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Lakesite, located in Tennessee, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Lakesite has a population of 1,962, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Lakesite is $78,215, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Lakesite average around $338,700, which is relatively high compared to other cities in Tennessee.

Employment and Safety

The unemployment rate in Lakesite is 3.10%, which is lower than the state average, indicating a relatively strong job market. Lakesite has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Tennessee, Lakesite shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Tennessee, Lakesite contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Lakesite

What is the population of Lakesite?

The population of Lakesite is approximately 1,962.

Is Lakesite a good place to live?

Lakesite offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Lakesite?

The median household income in Lakesite is around $78,215.

How expensive is housing in Lakesite?

The average housing price in Lakesite is approximately $338,700.