Lakewood Ranch, FL
Population 39,434 · Florida
About Lakewood Ranch, FL
Lakewood Ranch is a mid-sized city in Florida with a population of 39,434 residents. The median household income is $123,471 per year, which is above the national average. The median age in Lakewood Ranch is 52.5 years.
Housing in Lakewood Ranch has a median home value of $626,500 and median monthly rent of $2,213. Of the 18,365 total housing units, the majority are owner-occupied, with 12,474 owner-occupied and 2,781 renter-occupied units.
The unemployment rate in Lakewood Ranch is 3.2% and the poverty rate is 7.7%. 59.1% of residents hold a bachelor's degree or higher. The average commute time is 27.2 minutes.
Cost of Living in Lakewood Ranch, FL
Compared to national averages, Lakewood Ranch has a median household income of $123,471 (64% above the national median of $75,149). Home values average $626,500, which is 156% above the national median. Monthly rent at $2,213 is 90% above the US average of $1,163. Within Florida, Lakewood Ranch's income is 63% above the state average of $75,893, and home values are 77% above the state median of $353,675.
Why Live in Lakewood Ranch, FL?
Lakewood Ranch offers a strong local economy with a median household income of $123,471, well above the national average, and a strong job market with an unemployment rate of just 3.2%, and a well-educated community where 59.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $626,500. However, Lakewood Ranch’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lakewood Ranch has a population of 39,434 with a median age of 52.5 years. Compare Lakewood Ranch with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Lakewood Ranch
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Aventura | 39,372 | $82,777 | $416,300 | Compare |
| Royal Palm Beach | 39,089 | $92,382 | $389,300 | Compare |
| DeLand | 39,832 | $73,352 | $303,500 | Compare |
| Navarre | 38,988 | $98,522 | $352,300 | Compare |
| Oviedo | 39,990 | $114,092 | $428,500 | Compare |
| Plant City | 40,009 | $64,536 | $251,500 | Compare |
| Valrico | 38,820 | $98,451 | $356,200 | Compare |
| The Acreage | 40,188 | $105,405 | $464,400 | 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 Lakewood Ranch
What is the population of Lakewood Ranch, FL?
The population of Lakewood Ranch, FL is 39,434 according to the latest Census data.
What is the median household income in Lakewood Ranch?
The median household income in Lakewood Ranch, FL is $123,471 per year.
What is the median home value in Lakewood Ranch?
The median home value in Lakewood Ranch, FL is $626,500.
What is the average rent in Lakewood Ranch?
The median monthly rent in Lakewood Ranch, FL is $2,213.
What is the unemployment rate in Lakewood Ranch?
The unemployment rate in Lakewood Ranch, FL is 3.2%.