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For the 2025-26 school year, there are 5 public schools serving 1,941 students in Lake City, SC (there are , serving 382 private students). 84% of all K-12 students in Lake City, SC are educated in public schools (compared to the SC state average of 92%).

The top-ranked public schools in Lake City, SC are Lake City High School, J. Paul Truluck Creative Arts And Science Magnet and Main Street Elementary School. Overall testing rank is based on a school's combined math and reading proficiency test score ranking.

Lake City, SC public schools have an average math proficiency score of 24% (versus the South Carolina public school average of 43%), and reading proficiency score of 35% (versus the 52% statewide average). Schools in Lake City have an average ranking of 3/10, which is in the bottom 50% of South Carolina public schools.

Minority enrollment is 83% of the student body (majority Black), which is more than the South Carolina public school average of 53% (majority Black).