Lake Magdalene, FL

Full City Profile · Florida · Pasco County County

4.2 /5.0
A Great
31,733 Population 3,096/sq mi density
$75,606 Median Income $48,218 per capita
$335,800 Home Value $336,853 Zillow
$1,342 Median Rent 32.7% income on rent
75°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
A
Economy
4.2 / 5.0
$75,606 median income, 3.0% unemployment
A
Affordability
4.2 / 5.0
$335,800 home value, $1,342/mo rent
A
Education
4.2 / 5.0
40.0% bachelor's degree or higher

Lake Magdalene, FL

At a Glance

Median Income
$75,606
1% above
$48,218 per capita
Home Value
$335,800
19% above
Zillow: $336,853
Median Rent
$1,342/mo
15% above
32.7% of income on rent
Bachelor's Degree+
40.0%
19% above
94.1% high school+
Unemployment
3.0%
17% below
8.2% poverty rate
Obesity Rate
30.2%
6% below
11.3% smoking rate
Avg Temperature
75°F

How Lake Magdalene Compares to the U.S. Average

Each bar shows Lake Magdalene's value as a percentage of the national average (100% = U.S. avg)

Income
101%
Home Value
119%
Rent
115%
Poverty
66%
Bachelor's
119%
Unemployment
83%
Thin vertical line = U.S. national average (100%)

Is Lake Magdalene a Good Place to Live?

A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake Magdalene residents earn a median household income of $75,606 , which is 1% above the national average of $75,149. Per capita income is $48,218. The unemployment rate stands at 3.0% (17% below the U.S. rate of 3.6%). 8.2% of residents live below the poverty line. The area is home to 15,144 business establishments, including 894 restaurants.

Housing & Cost of Living

The median home value in Lake Magdalene is $335,800 , 19% above the national median of $281,900. Zillow estimates the typical home at $336,853. Median rent is $1,342/month, with 32.7% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1981.

Education

40.0% of adults in Lake Magdalene hold a bachelor's degree or higher (19% above the national average). 94.1% have completed high school. Local schools score 5.6/10 in standardized testing.

Climate & Weather

Lake Magdalene has an average annual temperature of 75°F (24°C). Winters average 62°F in January while summers reach 84°F in July. Annual precipitation totals 49.5 inches.

Data Overview

People

Population31,733
Median Age41.1 yrs
Density3,096/mi²
Male / Female50% / 50%
Foreign Born16.2%
Veterans6.9%

Economy

A
Median Income$75,606
Per Capita$48,218
Unemployment3.0%
Poverty8.2%
County GDP$24,175M
Avg Weekly Wage$1,075

Housing

A
Home Value$335,800
Rent$1,342
Ownership71.8%
Zillow$336,853
Housing Units13,793
Rent Burden32.7%

Health

Obesity30.2%
Diabetes10.6%
Smoking11.3%
Heart Disease5.3%
Premature Death9,901/100K

Climate

Avg Temp75°F
Rain49.5 in/yr
Elevation46 ft

Education

A
Bachelor's+40.0%
High School+94.1%
Graduate+14.9%
School Score5.6/10

Community

2024 VoteR 62% / D 37%
Commute28 min
Broadband94.5%
Internet Speed156 Mbps
EV Stations19
Libraries10

Did You Know?

The median home in Lake Magdalene was built in 1981.
16.3% work from home.
The nearest airport is Tampa International (8 miles).
The Gini coefficient (income inequality) is 0.456 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
12.4% of the population has a disability.
16.2% of residents are foreign-born.
Average internet download speed is 156 Mbps.
There are 894 restaurants in the area.
The county recorded 98 fatal vehicle crashes.