Lake County, FL

Comprehensive housing, income, and cost of living data for Lake County, Florida. Population: 386.8K.

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Median Home Price

$325.3K

Based on 24 cities

Median Household Income

$70.0K

Annual household income

Price-to-Income Ratio

4.6x

Moderately affordable

Salary Needed to Buy

$84.5K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax

$2,284

Average annual amount

Effective Tax Rate

0.70%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,645

Property Tax$190

Insurance$136

Total Monthly$1,971

Historical Home Prices

2015

$180.5K

2016

$194.5K

+7.8%%

2017

$211.0K

+8.5%%

2018

$229.0K

+8.5%%

2019

$241.0K

+5.2%%

2020

$261.2K

+8.4%%

2021

$314.9K

+20.5%%

2022

$370.0K

+17.5%%

2023

$370.2K

+0.1%%

2024

$371.8K

+0.4%%

2025

$357.8K

-3.8%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

3.0%%

Below national average

Population Density

407

People per square mile

Homicide Rate

4.7

Low (per 100K residents)

Political Lean (2020)

Competitive

R+0

Racial Demographics

White

65.3%

Black

9.8%

Hispanic

17.9%

Asian

2.1%

Two or More Races

3.9%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature

72°F

Annual average

Sunny Days

215

Days per year

Annual Rainfall

50.8"

Inches per year

Natural Disaster Risk

High Risk

Score: 92/100

January Low

20°F

Average winter low

July High

84°F

Average summer high

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