Local supply and market context for residential assisted living in Lake City.
Updated July 2026
Lake City, MI has 13 licensed assisted living homes (116 beds, averaging 8.9 per home). It sits in Missaukee County, a moderate RAL market scoring 5.2/10, with 1,349 seniors 75+ growing 8.3%.
Licensed homes
13
Lake City
Licensed beds
116
total
Avg home size
8.9 beds
per home
County opportunity
5.2/10
Moderate
The Lake City assisted living market
Lake City has 13 licensed assisted living homes totaling 116 beds — an average of 8.9 beds per home, skewing toward small residential (RAL-style) homes. As part of Missaukee County, it draws on a 75+ population of 1,349 growing 8.3%, with a senior median income of $45,243. See the full Missaukee County market or all Michigan top markets.
Frequently asked questions
How many assisted living homes are in Lake City, MI?
Lake City has 13 licensed assisted living homes with about 116 total beds.
Is Lake City a good place to open an assisted living home?
Lake City is in Missaukee County, which scores 5.2/10 (Moderate) on RAL Market Scout; its 75+ population is growing 8.3%. Current local supply is 13 homes.
What county is Lake City in?
Lake City is in Missaukee County, Michigan.
Evaluate a Lake City site
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Sources: Home and bed counts from the Michigan licensing roster (RAL Market Scout pipeline). County demand, growth, and income from U.S. Census ACS. Snapshot: 2026-07. Informational only — not legal, financial, or investment advice.