Lake Placid, FL
Population 2,438 · Florida
About Lake Placid, FL
Lake Placid is a small community in Florida with a population of 2,438 residents. The median household income is $45,476 per year, which is below the national average. The median age in Lake Placid is 41.1 years.
Housing in Lake Placid has a median home value of $253,200 and median monthly rent of $975. Of the 1,277 total housing units, the majority are owner-occupied, with 558 owner-occupied and 512 renter-occupied units.
The unemployment rate in Lake Placid is 7.3% and the poverty rate is 28.5%. 23.6% of residents hold a bachelor's degree or higher. The average commute time is 31.6 minutes.
Cost of Living in Lake Placid, FL
Compared to national averages, Lake Placid has a median household income of $45,476 (39% below the national median of $75,149). Home values average $253,200, which is 3% above the national median. Monthly rent at $975 is 16% below the US average of $1,163. Within Florida, Lake Placid's income is 40% below the state average of $75,893, and home values are 28% below the state median of $353,675.
Why Live in Lake Placid, FL?
Lake Placid offers rent that’s lower than the national average at $975/month.
Potential considerations include median household income ($45,476) that falls below the national average. However, Lake Placid’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Placid has a population of 2,438 with a median age of 41.1 years. Compare Lake Placid with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Lake Placid
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dunnellon | 2,434 | $40,707 | $179,800 | Compare |
| Pretty Bayou | 2,405 | $83,250 | $279,300 | Compare |
| Cudjoe Key | 2,478 | $84,890 | $707,700 | Compare |
| Belleair Bluffs | 2,394 | $55,688 | $393,100 | Compare |
| Zellwood | 2,484 | $61,875 | $157,600 | Compare |
| Berkshire Lakes | 2,493 | $74,250 | $323,300 | Compare |
| Pelican Marsh | 2,513 | $136,141 | $1,087,800 | Compare |
| Hernando Beach | 2,518 | $86,585 | $458,300 | 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 Placid
What is the population of Lake Placid, FL?
The population of Lake Placid, FL is 2,438 according to the latest Census data.
What is the median household income in Lake Placid?
The median household income in Lake Placid, FL is $45,476 per year.
What is the median home value in Lake Placid?
The median home value in Lake Placid, FL is $253,200.
What is the average rent in Lake Placid?
The median monthly rent in Lake Placid, FL is $975.
What is the unemployment rate in Lake Placid?
The unemployment rate in Lake Placid, FL is 7.3%.