Lake Kerr, FL
Population 1,767 · Florida
About Lake Kerr, FL
Lake Kerr 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 $43,472 per year, which is 42% below the national median of $75,149. The median age of 61.9 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 Kerr features a median home value of $118,800, which is 51% below the national median of $244,900. This makes Lake Kerr one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $607, 48% below the national average of $1,163/month. Of the 1,558 total housing units, 93% are owner-occupied (784 units) and 7% are renter-occupied (55 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Kerr shows an unemployment rate of 19.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.7%, above the national average of 12.4%. Workers in Lake Kerr have an average one-way commute time of 43.8 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
15.8% of Lake Kerr 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 0.0% White, 0.3% Hispanic or Latino, 6.3% Black or African American, and 0.0% Asian residents, with 1.4% of the population being foreign-born.
How Lake Kerr Ranks in Florida
Cost of Living in Lake Kerr, FL
Compared to national averages, Lake Kerr has a median household income of $43,472 (42% below the national median of $75,149). Home values average $118,800, which is 51% below the national median. Monthly rent at $607 is 48% below the US average of $1,163. Within Florida, Lake Kerr's income is 43% below the state average of $75,893, and home values are 66% below the state median of $353,675.
Why Live in Lake Kerr, FL?
Lake Kerr offers affordable housing with a median home value of $118,800, below the US average of $244,900, and rent that’s lower than the national average at $607/month.
Potential considerations include median household income ($43,472) that falls below the national average. However, Lake Kerr’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Kerr has a population of 1,767 with a median age of 61.9 years. Compare Lake Kerr with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Lake Kerr
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Hamilton | 1,767 | $60,000 | $195,200 | 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 Kerr With Other Cities
Frequently Asked Questions about Lake Kerr
What is the population of Lake Kerr, FL?
The population of Lake Kerr, 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 Kerr?
The median household income in Lake Kerr, FL is $43,472 per year, which is 42% below the national median of $75,149.
What is the median home value in Lake Kerr?
The median home value in Lake Kerr, FL is $118,800, which is 51% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Kerr?
The median monthly rent in Lake Kerr, FL is $607, which is 48% below the national average of $1,163/month.
What is the unemployment rate in Lake Kerr?
The unemployment rate in Lake Kerr, FL is 19.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Kerr, FL a good place to live?
Lake Kerr offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,767 and a median age of 61.9, the city appeals to established professionals and retirees.
How educated is Lake Kerr, FL?
15.8% of residents in Lake Kerr 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 Kerr?
Key cost-of-living indicators for Lake Kerr, FL: median home value is $118,800 (51% below national), median rent is $607/month, and median household income is $43,472. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake Kerr?
The poverty rate in Lake Kerr, FL is 20.7%, 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 Kerr, FL?
Lake Kerr's population is 0.0% White, 0.3% Hispanic or Latino, 6.3% Black or African American, 0.0% Asian, and 0.7% two or more races. 1.4% of residents are foreign-born.