City profile · Tennessee · Census ACS 2023

Lakesite, TN

Population, income, housing, safety, climate and schools for Lakesite — drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

2,026
Residents
$92,847
Median income
$299,300
Median home
$1,118
Median rent

Data Snapshot: Lakesite, TN

Lakesite is a city in Tennessee with a population of 2,026 residents based on U.S. Census Bureau ACS 2023 estimates. Median household income here reaches $92,847 per year, while the poverty rate sits at 4.9%. Typical homes in Lakesite are valued around $299,300, and the median resident age is 40.3 years. About 36.0% of adults hold a bachelor's degree or higher, while 67.5% of working-age residents are in the labor force.

Housing supply pressure shows in Census Building Permit Survey data: 1 residential units were authorized in 2024 (Construction Slowdown), down 92% from five years earlier.

On a cost-of-living index where 100 equals the national average, Tennessee registers 91.9 (Near Average) per BEA Regional Price Parities 2024. HUD Fair Market Rent for a typical two-bedroom in this state is $1,118 per month. Average monthly utility bills run around $218 based on EIA 2023 residential energy data. FEMA's National Risk Index rates natural-hazard exposure at 52.5 out of 100 (Low).

According to the U.S. Census Bureau's 2023 American Community Survey (ACS) 5-year estimates, PlainCities renders standardized city-level demographic, income, education, employment, and housing indicators across more than 19,000 incorporated places nationwide. Population counts and median household income figures are sourced directly from Census Table B01003 and B19013 respectively, with poverty rates from B17001 and cost-of-living adjustments from the Bureau of Economic Analysis (BEA) Regional Price Parities (RPP) 2024 release. Every value displayed in this snapshot links back to the official upstream tables and is refreshed on the ACS annual release cadence (typically December of the survey year + 1).

Methodology: city boundaries follow the Census Bureau's place-level geography (incorporated places, census-designated places, and consolidated city-county governments), with FIPS codes ensuring consistent identifiers across decennial and annual surveys. Cost-of-living comparisons use BEA's Regional Price Parities (RPP) indexed to the national average (100), enabling cross-city purchasing-power comparisons. See our methodology page for full source attribution, refresh cadence, and known data quality limitations including margin-of-error disclosure and sample-size thresholds.

Population

2,026 residents

Census ACS 2023 — Tennessee

Median Household Income

$92,847 /yr

Poverty 4.9%

Cost of Living Index

91.9 (US=100)

Near Average — BEA RPP 2024

How does Lakesite compare to other US cities?

Where Lakesite sits among all US cities (population 1,000+) on each measure — computed live from Census and FBI data.

Household income 73% higher than other cities
Home value 65% pricier than other cities
Median rent 34% pricier than other cities

Percentiles compare Lakesite against every US city with at least 1,000 residents. "Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

Income distribution context

Household income distribution — Lakesite, TN Quintile shares of aggregate household income for Lakesite, TN. The Lorenz curve traces cumulative income share against cumulative population share — perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Lakesite, TN — median $92,847/yr — Census ACS quintile shares QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Household income distribution for Lakesite, TN — Census ACS 5-year estimates. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 36.0%

Census ACS S1501 — educational attainment

Poverty rate (households below FPL) 4.9%

Census ACS S1701 — poverty status

Labor force participation (adults 16+) 67.5%

Census ACS S2301 — share of working-age residents in the labor force

Population
2,026
Median Income
$92,847
Median Home Value
$299,300
Median Age
40.3
Poverty Rate
4.9%
Labor force participation
67.5%
Bachelor's Degree+
36.0%

Housing Supply

Census Bureau Building Permits Survey (BPS) — annual residential permits authorized

📉 Construction Slowdown
Total Permits (2024)
1
housing units authorized
Single-Family
1
detached homes
Multifamily
0
apartments & condos
Supply Intensity
0.5
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 13
2020 22
2021 9
2022 12
2023 4
2024 1

Permit volume decreased 92% from 2019 to 2024.

Commute Patterns

How workers travel to work — Census ACS 2023

Drive Alone
72.8%
Carpool
7.2%
Public Transit
0.4%
Walk
0.4%
Work from Home
15.3%
Other
3.9%

Based on 1,058 workers 16 and over.

Monthly Utility Costs

State-average estimates for Tennessee — EIA 2023 residential energy data

Electricity
$120
avg/month
Natural Gas
$58
avg/month
Water & Sewer
$40
avg/month
Total Utilities
$218
estimated/month

Estimates reflect Tennessee state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Tennessee state-level data from PlainCost, PlainRent, and PlainHazard

Cost of Living Index
91.9
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,118/mo
HUD Fair Market Rent
State-level FMR estimate
Natural Hazard Risk
52.5 / 100
Low
FEMA NRI composite score

Race & Ethnicity Composition

Race and ethnicity — Lakesite, TN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Lakesite, TN — Census ACS, OMB race + ethnicity categories RACE — sums to 100% 59.5% 12.1% 6.1% 10.6% 10.3% ETHNICITY — Hispanic or Latino (any race) 18.7% White 59.5% Black or African American 12.1% Asian 6.1% American Indian 1.2% Native Hawaiian 0.2% Some other race 10.6% Two or more races 10.3% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

National-average reference values shown when city-level race/ethnicity table is not loaded. Source: Census ACS 5-year, OMB Directive 15 race-and-ethnicity categories.

How Lakesite compares to nearby Tennessee cities

Census ACS 2023 — population and median income benchmarks

Side-by-side population + income comparison anchored on the current city (Lakesite) plus the nearest peer cities in Tennessee, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).
Selected

TN

Lakesite

92.85% top marginal rate
Structure
Progressive
Burden @ $100K
$92,847
Brackets
2
Selected

TN

Estill Springs

65.00% top marginal rate
Structure
Progressive
Burden @ $100K
$200
Brackets
2
Selected

TN

South Carthage

65.00% top marginal rate
Structure
Progressive
Burden @ $100K
$200
Brackets
2
Selected

TN

Biltmore

65.00% top marginal rate
Structure
Progressive
Burden @ $100K
$200
Brackets
2
Census ACS 5-year FIPS TN Census BPS 2024 OMB Bulletin 23-01

What do people ask about Lakesite, TN?

What is the population of Lakesite, TN? +

Lakesite, TN has a population of 2,026 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Lakesite, TN? +

The median household income in Lakesite is $92,847 per year, based on Census ACS 2023 data.

What is the cost of living in Lakesite? +

Lakesite has a cost of living index of 91.9 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data.

What is the median home value in Lakesite, TN? +

The median home value in Lakesite is $299,300, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCities Editorial

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