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ZipNumbers

Florida · Census place 38250

Lakeland city, FL

Quick answer

Lakeland city has 117,030 residents, ranking #21 of 955 places in Florida. Median household income is $60,947, the median home is worth $229,100 and median gross rent runs $1,299 a month.

Population
117,030Lakeland city residents
Median household income
$60,947Past 12 months, inflation adjusted
Median home value
$229,100Owner-occupied units
Median gross rent
$1,299Rent plus utilities, monthly
Median age
39.9 yrsAll residents
Homeownership rate
56.1%Owner-occupied households

What the numbers mean in Lakeland city

Housing cost measured against local earnings.

A household earning the Lakeland city median would spend about 25.6% 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 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.5% of residents and 56.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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