At a Glance
Median Income
$101,339
$55,948 per capita
Home Value
$357,700
Zillow: $393,283
Median Rent
$1,644/mo
36.7% of income on rent
Bachelor's Degree+
46.2%
97.7% high school+
Unemployment
4.6%
1.9% poverty rate
Obesity Rate
33.2%
11.9% smoking rate
How Lakeland Compares to the U.S. Average
Each bar shows Lakeland's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Lakeland a Good Place to Live?
A+
4.7 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Lakeland residents earn a median household income of $101,339 , which is 35% above the national average of $75,149.
Per capita income is $55,948. The unemployment rate stands at 4.6% (28% above the U.S. rate of 3.6%). 1.9% of residents live below the poverty line. The area is home to 1,024 business establishments, including 110 restaurants.
Housing & Cost of Living
The median home value in Lakeland is $357,700 , 27% above the national median of $281,900.
Zillow estimates the typical home at $393,283. Median rent is $1,644/month, with 36.7% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1975.
Education
46.2% of adults in Lakeland hold a bachelor's degree or higher
(37% above the national average).
97.7% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Lakeland has an average annual temperature of 48°F (9°C).
Winters average 18°F in January while summers reach 75°F in July. Annual precipitation totals 35.1 inches.
Data Overview
People
Population1,510
Median Age52.7 yrs
Density726/mi²
Male / Female51% / 49%
Foreign Born3.5%
Veterans8.8%
Economy
A+
Median Income$101,339
Per Capita$55,948
Unemployment4.6%
Poverty1.9%
County GDP$1,545M
Avg Weekly Wage$913
Housing
A+
Home Value$357,700
Rent$1,644
Ownership85.6%
Zillow$393,283
Housing Units804
Rent Burden36.7%
Health
Obesity33.2%
Diabetes8.6%
Smoking11.9%
Heart Disease4.7%
Premature Death5,140/100K
Climate
Avg Temp48°F
Rain35.1 in/yr
Elevation743 ft
Education
A+
Bachelor's+46.2%
High School+97.7%
Graduate+12.5%
School Score6.1/10
Community
2024 VoteR 57% / D 40%
Commute24 min
Broadband96.6%
Internet Speed75 Mbps
EV Stations2
Libraries5
Did You Know?
The median home in Lakeland was built in 1975.
22.0% work from home.
The nearest airport is New Richmond Regional (17 miles).
The Gini coefficient (income inequality) is 0.400 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
12.8% of the population has a disability.
There are 110 restaurants in the area.
The county recorded 4 fatal vehicle crashes.