Lake Magdalene, FL
Population 31,733 · Florida
About Lake Magdalene, FL
Lake Magdalene is a mid-sized city in Florida with a population of 31,733 residents. The median household income is $75,606 per year, which is above the national average. The median age in Lake Magdalene is 41.1 years.
Housing in Lake Magdalene has a median home value of $335,800 and median monthly rent of $1,342. Of the 13,702 total housing units, the majority are owner-occupied, with 9,294 owner-occupied and 3,654 renter-occupied units.
The unemployment rate in Lake Magdalene is 3.0% and the poverty rate is 11.6%. 40.0% of residents hold a bachelor's degree or higher. The average commute time is 28.1 minutes.
Cost of Living in Lake Magdalene, FL
Compared to national averages, Lake Magdalene has a median household income of $75,606 (1% above the national median of $75,149). Home values average $335,800, which is 37% above the national median. Monthly rent at $1,342 is 15% above the US average of $1,163. Within Florida, Lake Magdalene's income is 0% below the state average of $75,893, and home values are 5% below the state median of $353,675.
Why Live in Lake Magdalene, FL?
Lake Magdalene offers a strong local economy with a median household income of $75,606, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 40.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 11.6%, better than the national average.
Lake Magdalene has a population of 31,733 with a median age of 41.1 years. Compare Lake Magdalene with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Lake Magdalene
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dania Beach | 31,739 | $50,948 | $296,100 | Compare |
| Sun City Center | 31,801 | $71,012 | $281,900 | Compare |
| Lakeside | 31,548 | $80,686 | $249,300 | Compare |
| New Smyrna Beach | 31,212 | $78,373 | $365,900 | Compare |
| Buenaventura Lakes | 32,310 | $61,822 | $282,700 | Compare |
| Haines City | 31,156 | $58,227 | $250,700 | Compare |
| Oakleaf Plantation | 30,737 | $110,521 | $309,300 | Compare |
| Miami Lakes | 30,731 | $97,255 | $577,300 | 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 Magdalene
What is the population of Lake Magdalene, FL?
The population of Lake Magdalene, FL is 31,733 according to the latest Census data.
What is the median household income in Lake Magdalene?
The median household income in Lake Magdalene, FL is $75,606 per year.
What is the median home value in Lake Magdalene?
The median home value in Lake Magdalene, FL is $335,800.
What is the average rent in Lake Magdalene?
The median monthly rent in Lake Magdalene, FL is $1,342.
What is the unemployment rate in Lake Magdalene?
The unemployment rate in Lake Magdalene, FL is 3.0%.