Lake County, Florida

Income Data

+7% vs. Florida average
$69,956
Median Household Income
$36,956
Per Capita Income

At a Glance

Median Household Income
$69,956
+7% vs. state avg
Per Capita Income
$36,956
-6% vs. national
Income-to-Housing Ratio
24.3%
income as % of home value
Rank in Florida
#26 / 67
by median household income

How Lake County Compares

Lake County$69,956
Florida Average$65,468
National Median$74,755

Detailed Income Statistics

$69,956
Median Household Income
$36,956
Per Capita Income
$287,900
Median Home Value
24.3%
Income-to-Housing Ratio

Data Story

About Household Income in Lake County, Florida

Lake County slightly behind national average

Lake County's median household income of $69,956 runs about 6% below the U.S. median of $74,755, placing it in the middle of the national income distribution. The county's per capita income of $36,956 actually exceeds Florida's state average of $35,698.

Middle of Florida's income ladder

At $69,956, Lake County's median household income ranks above the Florida state average of $65,468 by roughly $4,500. This positions the county in the upper-middle tier of Florida's 67 counties for household earnings.

Competitive income with nearby counties

Lake County's $69,956 median income sits comfortably between Levy County ($53,805) to the north and Lee County ($73,099) to the south. The county attracts a mix of retirees, service workers, and small-business owners across its diverse economy.

Housing costs rise but remain workable

Lake County's rent-to-income ratio of 25.2% shows housing consuming about one-quarter of median household earnings—approaching the affordability threshold. The median home value of $287,900 requires careful budgeting for first-time homebuyers at the county median income.

Strategic investing builds long-term security

Lake County residents earning near the $69,956 median can benefit from diversified investment portfolios and employer-sponsored retirement plans. Homeownership itself becomes a wealth-building tool as property values appreciate over time.

Frequently Asked Questions

What is the median household income in Lake County, Florida?
The median household income in Lake County, Florida is $69,956, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Lake County?
The per capita income in Lake County is $36,956, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $69,956.
How does Lake County compare to the Florida average?
Lake County's median household income of $69,956 is higher than the Florida state average of $65,468. The per capita income is $36,956, compared to the state average of $35,698.
What is the per capita income in Lake County, Florida?
The per capita income in Lake County, Florida is $36,956, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Lake County income higher than the Florida average?
Lake County's median household income of $69,956 is higher than the Florida average of $65,468. This difference of $4,488 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Lake County rank for income in Florida?
Lake County ranks #26 out of 67 counties in Florida by median household income (1 = highest). With a median household income of $69,956 and per capita income of $36,956, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $69,956 per year

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vs. State Average

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vs. National Median

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vs. Florida Average7% above
vs. National Median6% below

Income Adequacy

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Your monthly income ($5,830) vs. median rent ($1,468/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.