Lake Park, FL
Population 9,005 · Florida
About Lake Park, FL
Lake Park is a small town located in Florida with a population of 9,005 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,274 per year, which is 8% below the national median of $75,149. The median age of 35.5 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 Park features a median home value of $361,700, which is 48% above the national median of $244,900. This positions Lake Park in a moderately priced market relative to the rest of the country. Median monthly rent is $1,396, 20% above the national average of $1,163/month. Of the 3,642 total housing units, 49% are owner-occupied (1,570 units) and 51% are renter-occupied (1,603 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 Park shows an unemployment rate of 8.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 14.5%, above the national average of 12.4%. Workers in Lake Park have an average one-way commute time of 21.8 minutes.
Education & Demographics
31.9% of Lake Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.0% White, 1.3% Hispanic or Latino, 5.4% Black or African American, and 2.8% Asian residents, with 24.2% of the population being foreign-born.
Cost of Living in Lake Park, FL
Compared to national averages, Lake Park has a median household income of $69,274 (8% below the national median of $75,149). Home values average $361,700, which is 48% above the national median. Monthly rent at $1,396 is 20% above the US average of $1,163. Within Florida, Lake Park's income is 9% below the state average of $75,893, and home values are 2% above the state median of $353,675.
Why Live in Lake Park, FL?
Lake Park offers short commute times averaging just 21.8 minutes.
Potential considerations include median household income ($69,274) that falls below the national average. However, Lake Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Park has a population of 9,005 with a median age of 35.5 years. Compare Lake Park with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Lake Park
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Indian Harbour Beach | 8,991 | $98,046 | $387,400 | Compare |
| Citrus Hills | 9,044 | $84,091 | $392,300 | Compare |
| Micco | 9,053 | $46,809 | $156,400 | Compare |
| Orange Park | 9,062 | $74,564 | $257,400 | Compare |
| North Merritt Island | 8,903 | $113,897 | $495,400 | Compare |
| St. Pete Beach | 8,832 | $108,931 | $639,900 | Compare |
| Hernando | 8,795 | $41,564 | $189,200 | Compare |
| Palm Beach | 9,234 | $175,078 | $1,996,700 | 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 Park With Other Cities
Frequently Asked Questions about Lake Park
What is the population of Lake Park, FL?
The population of Lake Park, FL is 9,005 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 Park?
The median household income in Lake Park, FL is $69,274 per year, which is 8% below the national median of $75,149.
What is the median home value in Lake Park?
The median home value in Lake Park, FL is $361,700, which is 48% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Lake Park?
The median monthly rent in Lake Park, FL is $1,396, which is 20% above the national average of $1,163/month.
What is the unemployment rate in Lake Park?
The unemployment rate in Lake Park, FL is 8.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Park, FL a good place to live?
Lake Park offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 9,005 and a median age of 35.5, the city appeals to a broad range of residents.
How educated is Lake Park, FL?
31.9% of residents in Lake Park 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 Park?
Key cost-of-living indicators for Lake Park, FL: median home value is $361,700 (48% above national), median rent is $1,396/month, and median household income is $69,274. The home-value-to-income ratio is 5.2x, a moderate figure by national standards.
What is the poverty rate in Lake Park?
The poverty rate in Lake Park, FL is 14.5%, 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 Park, FL?
Lake Park's population is 2.0% White, 1.3% Hispanic or Latino, 5.4% Black or African American, 2.8% Asian, and 56.5% two or more races. 24.2% of residents are foreign-born.