Lake Hamilton, FL
Population 1,767 · Florida
About Lake Hamilton, FL
Lake Hamilton is a small town located in Florida with a population of 1,767 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,000 per year, which is 20% below the national median of $75,149. The median age of 42 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lake Hamilton features a median home value of $195,200, which is 20% below the national median of $244,900. This positions Lake Hamilton in a moderately priced market relative to the rest of the country. Median monthly rent is $1,056, 9% below the national average of $1,163/month. Of the 628 total housing units, 81% are owner-occupied (414 units) and 19% are renter-occupied (100 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Hamilton shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 23.0%, above the national average of 12.4%. Workers in Lake Hamilton have an average one-way commute time of 27.7 minutes.
Education & Demographics
12.4% of Lake Hamilton 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 6.2% White, 1.5% Hispanic or Latino, 15.7% Black or African American, and 4.4% Asian residents, with 14.5% of the population being foreign-born.
How Lake Hamilton Ranks in Florida
Cost of Living in Lake Hamilton, FL
Compared to national averages, Lake Hamilton has a median household income of $60,000 (20% below the national median of $75,149). Home values average $195,200, which is 20% below the national median. Monthly rent at $1,056 is 9% below the US average of $1,163. Within Florida, Lake Hamilton's income is 21% below the state average of $75,893, and home values are 45% below the state median of $353,675.
Why Live in Lake Hamilton, FL?
Lake Hamilton offers affordable housing with a median home value of $195,200, below the US average of $244,900, and rent that’s lower than the national average at $1,056/month, and a strong job market with an unemployment rate of just 1.4%.
Potential considerations include median household income ($60,000) that falls below the national average. However, Lake Hamilton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Hamilton has a population of 1,767 with a median age of 42 years. Compare Lake Hamilton with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Lake Hamilton
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Kerr | 1,767 | $43,472 | $118,800 | Compare |
| Verandah | 1,766 | $128,750 | $544,200 | Compare |
| Montverde | 1,780 | $103,250 | $468,600 | Compare |
| Manasota Key | 1,741 | $125,119 | $678,100 | Compare |
| Pine Ridge CDP (Collier County), Florida | 1,800 | $129,829 | $875,000 | Compare |
| Charlotte Park | 1,803 | $63,929 | $265,200 | Compare |
| Royal Palm Estates | 1,722 | $51,461 | $321,200 | Compare |
| Zolfo Springs | 1,825 | $53,587 | $99,000 | 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 Hamilton With Other Cities
Frequently Asked Questions about Lake Hamilton
What is the population of Lake Hamilton, FL?
The population of Lake Hamilton, FL is 1,767 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 Hamilton?
The median household income in Lake Hamilton, FL is $60,000 per year, which is 20% below the national median of $75,149.
What is the median home value in Lake Hamilton?
The median home value in Lake Hamilton, FL is $195,200, which is 20% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Hamilton?
The median monthly rent in Lake Hamilton, FL is $1,056, which is 9% below the national average of $1,163/month.
What is the unemployment rate in Lake Hamilton?
The unemployment rate in Lake Hamilton, FL is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake Hamilton, FL a good place to live?
Lake Hamilton offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,767 and a median age of 42, the city appeals to a broad range of residents.
How educated is Lake Hamilton, FL?
12.4% of residents in Lake Hamilton 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 Hamilton?
Key cost-of-living indicators for Lake Hamilton, FL: median home value is $195,200 (20% below national), median rent is $1,056/month, and median household income is $60,000. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake Hamilton?
The poverty rate in Lake Hamilton, FL is 23.0%, 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 Hamilton, FL?
Lake Hamilton's population is 6.2% White, 1.5% Hispanic or Latino, 15.7% Black or African American, 4.4% Asian, and 15.3% two or more races. 14.5% of residents are foreign-born.