Lake Butler, FL
Population 1,842 · Florida
About Lake Butler, FL
Lake Butler is a small town located in Florida with a population of 1,842 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,134 per year, which is 43% below the national median of $75,149. The median age of 31.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Lake Butler features a median home value of $154,200, which is 37% below the national median of $244,900. This positions Lake Butler in a moderately priced market relative to the rest of the country. Median monthly rent is $725, 38% below the national average of $1,163/month. Of the 741 total housing units, 38% are owner-occupied (272 units) and 62% are renter-occupied (444 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Lake Butler shows an unemployment rate of 7.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 26.6%, above the national average of 12.4%. Workers in Lake Butler have an average one-way commute time of 23.3 minutes.
Education & Demographics
13.5% of Lake Butler residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.8% White, 1.8% Hispanic or Latino, 0.9% Black or African American, and 2.0% Asian residents, with 1.2% of the population being foreign-born.
How Lake Butler Ranks in Florida
Cost of Living in Lake Butler, FL
Compared to national averages, Lake Butler has a median household income of $43,134 (43% below the national median of $75,149). Home values average $154,200, which is 37% below the national median. Monthly rent at $725 is 38% below the US average of $1,163. Within Florida, Lake Butler's income is 43% below the state average of $75,893, and home values are 56% below the state median of $353,675.
Why Live in Lake Butler, FL?
Lake Butler offers affordable housing with a median home value of $154,200, below the US average of $244,900, and rent that’s lower than the national average at $725/month, and short commute times averaging just 23.3 minutes.
Potential considerations include median household income ($43,134) that falls below the national average. However, Lake Butler’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Butler has a population of 1,842 with a median age of 31.1 years. Compare Lake Butler with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Lake Butler
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sneads | 1,854 | $39,353 | $98,900 | Compare |
| Crescent City | 1,856 | $32,357 | $187,500 | Compare |
| Zolfo Springs | 1,825 | $53,587 | $99,000 | Compare |
| Taft | 1,867 | $40,161 | $165,900 | Compare |
| Charlotte Park | 1,803 | $63,929 | $265,200 | Compare |
| Pine Ridge CDP (Collier County), Florida | 1,800 | $129,829 | $875,000 | Compare |
| Washington Park | 1,896 | $51,563 | $244,800 | Compare |
| Montverde | 1,780 | $103,250 | $468,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lake Butler With Other Cities
Frequently Asked Questions about Lake Butler
What is the population of Lake Butler, FL?
The population of Lake Butler, FL is 1,842 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Florida.
What is the median household income in Lake Butler?
The median household income in Lake Butler, FL is $43,134 per year, which is 43% below the national median of $75,149.
What is the median home value in Lake Butler?
The median home value in Lake Butler, FL is $154,200, which is 37% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Lake Butler?
The median monthly rent in Lake Butler, FL is $725, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Lake Butler?
The unemployment rate in Lake Butler, FL is 7.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Butler, FL a good place to live?
Lake Butler offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,842 and a median age of 31.1, the city appeals to young professionals and families.
How educated is Lake Butler, FL?
13.5% of residents in Lake Butler aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lake Butler?
Key cost-of-living indicators for Lake Butler, FL: median home value is $154,200 (37% below national), median rent is $725/month, and median household income is $43,134. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Lake Butler?
The poverty rate in Lake Butler, FL is 26.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lake Butler, FL?
Lake Butler's population is 0.8% White, 1.8% Hispanic or Latino, 0.9% Black or African American, 2.0% Asian, and 17.6% two or more races. 1.2% of residents are foreign-born.