Living in Lakesite, Tennessee
Cost of living, income, home prices, rent and demographics of Lakesite · Census data 2020–2024
Lakesite has 2,168 residents with a median age of 38.6. The median household income is $96,250 (38% higher than the Tennessee median), the median home value is $332,200, the median rent is $863/month.
Lakesite at a glance
- Population
- 2,168
- Median age
- 38.6State: 38.9
- Median household income
- $96,250State: $69,595
- Median home value
- $332,200State: $286,700
- Median rent
- $863/moState: $1,189
- Homeowners
- 84.2%
- Bachelor's degree or higher
- 35%
- Average commute
- 28 min
Is Lakesite a good place to live?
Pros: Median household income 38% higher than the Tennessee median; unemployment of 3.5%; a poverty rate of 4.2%.
Cons: Home values 16% higher than the state median; an average commute of 28 minutes.
The weather is best in April–May and September–October.
Cost of living in Lakesite
Housing is the biggest part of the cost of living. In Lakesite the median home value is $332,200, about the same as the U.S. median. Renters pay a median of $863 per month, which is 32.9% of household income. Homeowners with a mortgage pay $1,565 a month in housing costs.
Lakesite median household income
The median household income in Lakesite is $96,250 and the income per person is $45,147. 4.2% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Lakesite: homes for sale and rent
- Housing units
- 908
- Owner-occupied
- 84.2%
- Renter-occupied
- 15.8%
- Vacant
- 11.5%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.70
Lakesite demographics
- Population
- 2,168
- Median age
- 38.6
- Under 18
- 28.4%
- 65 and older
- 16.9%
- Households
- 804
- Foreign-born
- 2.7%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Lakesite ›
Education in Lakesite
35% of adults 25 and older in Lakesite have a bachelor's degree or higher (Tennessee: 31.1%), and 8.3% have a graduate or professional degree.
Jobs and commute in Lakesite
- Unemployment rate
- 3.5%State: 4.7%
- Average commute
- 28 minState: 26 min
- Work from home
- 17.1%
- Drive alone
- 73.7%
- Public transit
- 0%
- Walk to work
- 0.4%
- Homes with broadband
- 94.8%
Lakesite vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lakesite | 2,168 | $96,250 | $332,200 | $863 |
| Middle Valley | 12,187 | $95,000 | $319,400 | $1,180 |
| Soddy-Daisy | 13,231 | $75,113 | $256,600 | $1,047 |
| Harrison | 8,011 | $89,395 | $307,400 | $1,216 |
| Falling Water | 2,315 | $111,842 | $420,600 | — |
| Mowbray Mountain | 1,721 | $93,293 | $390,400 | $927 |
| Flat Top Mountain | 1,004 | $121,131 | $593,100 | — |
| Walden | 1,845 | $124,493 | $679,900 | $1,537 |
| Ooltewah | 578 | $62,292 | $240,900 | $1,717 |
More for people moving to Lakesite
Lakesite ZIP code ›Weather and climate ›Living in Lakesite: FAQ
What is the median household income in Lakesite, TN?
The median household income in Lakesite is $96,250, 38% higher than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lakesite?
The median home value in Lakesite is $332,200, compared with $286,700 in Tennessee.
How much is rent in Lakesite?
The median gross rent in Lakesite is $863 per month, about 32.9% of household income.
Is Lakesite, TN a good place to live?
Pluses: median household income 38% higher than the Tennessee median; unemployment of 3.5%; a poverty rate of 4.2%. Minuses: home values 16% higher than the state median; an average commute of 28 minutes.
What is the median age in Lakesite?
The median age in Lakesite is 38.6 years (Tennessee: 38.9).
How long is the commute in Lakesite?
The average commute to work in Lakesite is 28 minutes; 17.1% of workers work from home.
What is the unemployment rate in Lakesite?
The unemployment rate in Lakesite is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lakesite?
35% of adults in Lakesite have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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