Florida · Census place 38625
Lake Placid town, FL
Quick answer
Lake Placid town has 2,438 residents, ranking #642 of 955 places in Florida. Median household income is $45,476, the median home is worth $253,200 and median gross rent runs $975 a month.
- Population
- 2,438Lake Placid town residents
- Median household income
- $45,476Past 12 months, inflation adjusted
- Median home value
- $253,200Owner-occupied units
- Median gross rent
- $975Rent plus utilities, monthly
- Median age
- 41.1 yrsAll residents
- Homeownership rate
- 52.1%Owner-occupied households
What the numbers mean in Lake Placid town
Housing cost measured against local earnings.
A household earning the Lake Placid town median would spend about 25.7% 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 5.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 28.5% of residents and 52.1% 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.
- Berkshire Lakes CDP 2,493
- Zellwood CDP 2,484
- Cudjoe Key CDP 2,478
- Dunnellon city 2,434
- Pretty Bayou CDP 2,405
- Belleair Bluffs city 2,394
- Ocala Estates CDP 2,347
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