Florida · Census place 38350
Lake Magdalene CDP, FL
Quick answer
Lake Magdalene CDP has 31,733 residents, ranking #132 of 955 places in Florida. Median household income is $75,606, the median home is worth $335,800 and median gross rent runs $1,342 a month.
- Population
- 31,733Lake Magdalene CDP residents
- Median household income
- $75,606Past 12 months, inflation adjusted
- Median home value
- $335,800Owner-occupied units
- Median gross rent
- $1,342Rent plus utilities, monthly
- Median age
- 41.1 yrsAll residents
- Homeownership rate
- 71.8%Owner-occupied households
What the numbers mean in Lake Magdalene CDP
Housing cost measured against local earnings.
A household earning the Lake Magdalene CDP median would spend about 21.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.6% of residents and 71.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Florida.
- Buenaventura Lakes CDP 32,310
- Sun City Center CDP 31,801
- Dania Beach city 31,739
- Lakeside CDP 31,548
- New Smyrna Beach city 31,212
- Haines City city 31,156
- Oakleaf Plantation CDP 30,737
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