Florida · Census place 38425
Lake Mary city, FL
Quick answer
Lake Mary city has 16,724 residents, ranking #237 of 955 places in Florida. Median household income is $116,944, the median home is worth $462,200 and median gross rent runs $1,999 a month.
- Population
- 16,724Lake Mary city residents
- Median household income
- $116,944Past 12 months, inflation adjusted
- Median home value
- $462,200Owner-occupied units
- Median gross rent
- $1,999Rent plus utilities, monthly
- Median age
- 43.1 yrsAll residents
- Homeownership rate
- 66.4%Owner-occupied households
What the numbers mean in Lake Mary city
Housing cost measured against local earnings.
A household earning the Lake Mary city median would spend about 20.5% 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 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.2% of residents and 66.4% 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.
- Mount Dora city 16,812
- Vero Beach city 16,785
- Wildwood city 16,739
- Myrtle Grove CDP 16,637
- Palmetto Estates CDP 16,587
- Three Lakes CDP 16,426
- Brownsville CDP 16,391
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