What is the population of Lakeland city?

Lakeland city has 14,068 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #44 of 504 in Tennessee.

What is the median household income in Lakeland city?

Median household income in Lakeland city is $113,843 a year, 45% above the national figure of $78,538.

How much does it cost to rent or buy in Lakeland city?

Median gross rent is $1,611 a month and the median home value is $373,800, so rent absorbs about 17% of median household income.

Is Lakeland city affordable compared with the rest of the US?

Homes cost about 3.3× the local median income here versus roughly 3.9× nationally, so Lakeland city is more affordable to buy in than the typical US market, and rent takes 17% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Tennessee · Census place 40350

Lakeland, TN population, income and ZIP codes

Quick answer

The population of the city of Lakeland, Tennessee (Lakeland, TN — Census place “Lakeland city”) is 14,068 residents, ranking #44 of 504 places in Tennessee. Median household income is $113,843, the median home is worth $373,800 and median gross rent runs $1,611 a month. Looking for the Lakeland Tennessee ZIP code list? 1 ZIP codes serve Lakeland, TN: 38002.

Population: 14,068Lakeland city residents
Median household income: $113,843Past 12 months, inflation adjusted
Median home value: $373,800Owner-occupied units
Median gross rent: $1,611Rent plus utilities, monthly
Median age: 39.5 yrsAll residents
Homeownership rate: 80.2%Owner-occupied households

Lakeland ZIP codes (Tennessee)

Census ZCTAs whose delivery area overlaps Lakeland.

The Lakeland TN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

38002

What the numbers mean in Lakeland city

Housing cost measured against local earnings.

A household earning the Lakeland city median would spend about 17% 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 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.4% of residents and 80.2% of households own their home.

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

Lakeland city, TN in context

How this area compares with national benchmarks.

Lakeland city is a mid-size town in Tennessee, with 14,068 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #44 of 504 ranked by population — larger than 91% of them. The median age here is 39.5 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Lakeland city earn a median of $113,843 a year, 45% above the national figure of $78,538 and 103% above the $55,988 median for the 307 Tennessee cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 2.4% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Lakeland city is valued at $373,800, 23.2% above the national figure and 96% above the $191,100 peer median, while median gross rent runs $1,611 a month, 14.6% above the national figure, or roughly $19,332 across a full year. A household on the local median income would put about 17% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.3×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 80.2% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Tennessee.

More Tennessee coverage.

Frequently asked questions

Common questions about this area.

What is the population of Lakeland city?: Lakeland city has 14,068 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #44 of 504 in Tennessee.
What is the median household income in Lakeland city?: Median household income in Lakeland city is $113,843 a year, 45% above the national figure of $78,538.
How much does it cost to rent or buy in Lakeland city?: Median gross rent is $1,611 a month and the median home value is $373,800, so rent absorbs about 17% of median household income.
Is Lakeland city affordable compared with the rest of the US?: Homes cost about 3.3× the local median income here versus roughly 3.9× nationally, so Lakeland city is more affordable to buy in than the typical US market, and rent takes 17% of median income against the 30% cost-burden line.
How current is this Lakeland city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.