Lake Lorraine, FL
Population 7,210 · Florida
About Lake Lorraine, FL
Lake Lorraine is a small community in Florida with a population of 7,210 residents. The median household income is $91,619 per year, which is above the national average. The median age in Lake Lorraine is 41.3 years.
Housing in Lake Lorraine has a median home value of $411,900 and median monthly rent of $1,488. Of the 3,370 total housing units, the majority are owner-occupied, with 2,120 owner-occupied and 825 renter-occupied units.
The unemployment rate in Lake Lorraine is 2.2% and the poverty rate is 8.0%. 48.9% of residents hold a bachelor's degree or higher. The average commute time is 23.1 minutes.
Cost of Living in Lake Lorraine, FL
Compared to national averages, Lake Lorraine has a median household income of $91,619 (22% above the national median of $75,149). Home values average $411,900, which is 68% above the national median. Monthly rent at $1,488 is 28% above the US average of $1,163. Within Florida, Lake Lorraine's income is 21% above the state average of $75,893, and home values are 16% above the state median of $353,675.
Why Live in Lake Lorraine, FL?
Lake Lorraine offers a strong local economy with a median household income of $91,619, well above the national average, and a strong job market with an unemployment rate of just 2.2%, and a well-educated community where 48.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 8.0%, better than the national average, and short commute times averaging just 23.1 minutes.
Potential considerations include a competitive housing market where the typical home costs $411,900. However, Lake Lorraine’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Lorraine has a population of 7,210 with a median age of 41.3 years. Compare Lake Lorraine with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Lake Lorraine
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Neptune Beach | 7,199 | $111,025 | $613,500 | Compare |
| Southeast Arcadia | 7,247 | $53,532 | $127,500 | Compare |
| Clewiston | 7,257 | $57,110 | $210,000 | Compare |
| Connerton | 7,159 | $121,461 | $437,000 | Compare |
| West Samoset | 7,273 | $55,938 | $213,900 | Compare |
| Mims | 7,282 | $57,232 | $235,600 | Compare |
| Willow Oak | 7,299 | $59,346 | $241,600 | Compare |
| Inwood | 7,098 | $38,786 | $115,200 | 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.
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Frequently Asked Questions about Lake Lorraine
What is the population of Lake Lorraine, FL?
The population of Lake Lorraine, FL is 7,210 according to the latest Census data.
What is the median household income in Lake Lorraine?
The median household income in Lake Lorraine, FL is $91,619 per year.
What is the median home value in Lake Lorraine?
The median home value in Lake Lorraine, FL is $411,900.
What is the average rent in Lake Lorraine?
The median monthly rent in Lake Lorraine, FL is $1,488.
What is the unemployment rate in Lake Lorraine?
The unemployment rate in Lake Lorraine, FL is 2.2%.