All Countries
Lake Placid, FL
Full City Profile · Florida · Highlands County County
2.5
/5.0
C+
Fair
2,438
Population
520/sq mi density
$45,476
Median Income
$24,567 per capita
$253,200
Home Value
$235,709 Zillow
$975
Median Rent
40.0% income on rent
73°F
Avg Temperature
330 sunny days/yr
569
Violent Crime/100K
4,270 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$45,476 median income, 3.4% unemployment
B+
Affordability
3.5 / 5.0
$253,200 home value, $975/mo rent
F
Safety
1.0 / 5.0
569 violent crimes/100K (50% above avg)
C+
Education
2.9 / 5.0
23.6% bachelor's degree or higher
Income Overview
Median Household Income
$45,476
39% below
US avg: $75,149
Per Capita Income
$24,567
37% below
US avg: $39,052
Unemployment Rate
3.4%
6% below
US avg: 3.6%
Poverty Rate
28.7%
131% above
US avg: 12.4%
Income Comparison: Lake Placid vs. U.S. Average
Each bar shows Lake Placid’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$45,476
61%
Per Capita
US: $39,052
$24,567
63%
IRS Avg AGI
US: $72,000
$58,507
81%
Avg Weekly Wage
US: $1,432
$922
64%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$922
36% below US avg ($1,432)
Mean Commute Time
32 min
14% above US avg (28 min)
Work From Home
11.2%
26% below US avg (15.2%)
Drive Alone
68.8%
6% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$3,825M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
68.8%
Public Transit
0%
Work From Home
11.2%
Other
20%
Average commute time
32 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,672
Restaurants
157
Healthcare
330
Retail
338
Manufacturing
50
Tax & Financial
IRS Avg Adjusted Gross Income
$58,507
19% below US avg ($72,000)
Avg Property Tax
$4,381
25% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $45,476 |
| Per Capita Income | $24,567 |
| IRS Avg Adjusted Gross Income | $58,507 |
| Avg Weekly Wage | $922 |
| County GDP | $3,825M |
Hardship Indicators
| Unemployment Rate | 3.4% |
| Poverty Rate | 28.7% |
| Gini Coefficient | 0.460 |
| Cost of Living Index | 103.4 |
Commute
| Mean Commute | 32 minutes |
| Drive Alone | 68.8% |
| Public Transit | 0.0% |
| Work From Home | 11.2% |
Businesses
| Total Establishments | 2,672 |
| Restaurants | 157 |
| Healthcare | 330 |
| Retail | 338 |
| Manufacturing | 50 |
Tax
| IRS Avg AGI | $58,507 |
| Avg Property Tax | $4,381 |