Lakewood Ranch, FL

Full City Profile · Florida · Manatee County County

4.5 /5.0
A+ Excellent
39,434 Population 856/sq mi density
$123,471 Median Income $65,616 per capita
$626,500 Home Value $585,199 Zillow
$2,213 Median Rent 33.9% income on rent
74°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
4.8 / 5.0
$123,471 median income, 3.2% unemployment
B+
Affordability
3.8 / 5.0
$626,500 home value, $2,213/mo rent
A+
Education
5.0 / 5.0
59.1% bachelor's degree or higher

Income Overview

Median Household Income
$123,471
64% above
US avg: $75,149
Per Capita Income
$65,616
68% above
US avg: $39,052
Unemployment Rate
3.2%
11% below
US avg: 3.6%
Poverty Rate
4.4%
65% below
US avg: 12.4%

Income Comparison: Lakewood Ranch vs. U.S. Average

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

Median Household
US: $75,149
$123,471
164%
Per Capita
US: $39,052
$65,616
168%
IRS Avg AGI
US: $72,000
$106,916
148%
Avg Weekly Wage
US: $1,432
$1,170
82%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,170
18% below US avg ($1,432)
Mean Commute Time
27 min
1% below US avg (28 min)
Work From Home
30.7%
102% above US avg (15.2%)
Drive Alone
60.4%
17% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$26,348M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 60.4%
Public Transit 0%
Work From Home 30.7%
Other 8.9%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
14,624
Restaurants
773
Healthcare
1,127
Retail
1,394
Manufacturing
303

Tax & Financial

IRS Avg Adjusted Gross Income
$106,916
48% above US avg ($72,000)
Avg Property Tax
$8,900
154% 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$123,471
Per Capita Income$65,616
IRS Avg Adjusted Gross Income$106,916
Avg Weekly Wage$1,170
County GDP$26,348M

Hardship Indicators

Unemployment Rate3.2%
Poverty Rate4.4%
Gini Coefficient0.471
Cost of Living Index103.4

Commute

Mean Commute27 minutes
Drive Alone60.4%
Public Transit0.0%
Work From Home30.7%

Businesses

Total Establishments14,624
Restaurants773
Healthcare1,127
Retail1,394
Manufacturing303

Tax

IRS Avg AGI$106,916
Avg Property Tax$8,900