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Lakeland, FL

Full City Profile · Florida · Osceola County County

3.1 /5.0
B Good
117,030 Population 1,758/sq mi density
$60,947 Median Income $34,313 per capita
$229,100 Home Value $309,289 Zillow
$1,299 Median Rent 31.3% income on rent
73°F Avg Temperature 332 sunny days/yr
312 Violent Crime/100K 2,878 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$60,947 median income, 2.8% unemployment
A+
Affordability
4.6 / 5.0
$229,100 home value, $1,299/mo rent
F
Safety
1.0 / 5.0
312 violent crimes/100K
B
Education
3.2 / 5.0
27.7% bachelor's degree or higher

Income Overview

Median Household Income
$60,947
19% below
US avg: $75,149
Per Capita Income
$34,313
12% below
US avg: $39,052
Unemployment Rate
2.8%
22% below
US avg: 3.6%
Poverty Rate
10.6%
15% below
US avg: 12.4%

Income Comparison: Lakeland vs. U.S. Average

Each bar shows Lakeland’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$60,947
81%
Per Capita
US: $39,052
$34,313
88%
IRS Avg AGI
US: $72,000
$56,471
78%
Avg Weekly Wage
US: $1,432
$1,010
71%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,010
29% below US avg ($1,432)
Mean Commute Time
24 min
15% below US avg (28 min)
Work From Home
11.6%
24% below US avg (15.2%)
Drive Alone
73.7%
1% above US avg (73.2%)
Public Transit
0.5%
90% below US avg (5.0%)
County GDP
$20,398M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 73.7%
Public Transit 0.5%
Work From Home 11.6%
Other 14.2%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
10,530
Restaurants
866
Healthcare
874
Retail
1,049
Manufacturing
130

Tax & Financial

IRS Avg Adjusted Gross Income
$56,471
22% below US avg ($72,000)
Avg Property Tax
$5,280
51% 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$60,947
Per Capita Income$34,313
IRS Avg Adjusted Gross Income$56,471
Avg Weekly Wage$1,010
County GDP$20,398M

Hardship Indicators

Unemployment Rate2.8%
Poverty Rate10.6%
Gini Coefficient0.439
Cost of Living Index103.4

Commute

Mean Commute24 minutes
Drive Alone73.7%
Public Transit0.5%
Work From Home11.6%

Businesses

Total Establishments10,530
Restaurants866
Healthcare874
Retail1,049
Manufacturing130

Tax

IRS Avg AGI$56,471
Avg Property Tax$5,280