Sky Lake, FL
Population 7,728 · Florida
About Sky Lake, FL
Sky Lake is a small town located in Florida with a population of 7,728 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,161 per year, which is 13% below the national median of $75,149. The median age of 37.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Sky Lake features a median home value of $254,300, which is 4% above the national median of $244,900. This positions Sky Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $1,538, 32% above the national average of $1,163/month. Of the 2,436 total housing units, 64% are owner-occupied (1,450 units) and 36% are renter-occupied (800 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Sky Lake shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Sky Lake have an average one-way commute time of 35.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
16.9% of Sky Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 11.5% White, 0.3% Hispanic or Latino, 23.3% Black or African American, and 20.4% Asian residents, with 38.1% of the population being foreign-born.
Cost of Living in Sky Lake, FL
Compared to national averages, Sky Lake has a median household income of $65,161 (13% below the national median of $75,149). Home values average $254,300, which is 4% above the national median. Monthly rent at $1,538 is 32% above the US average of $1,163. Within Florida, Sky Lake's income is 14% below the state average of $75,893, and home values are 28% below the state median of $353,675.
Why Live in Sky Lake, FL?
Sky Lake offers a strong job market with an unemployment rate of just 2.3%, and a low poverty rate of 8.3%, better than the national average.
Potential considerations include median household income ($65,161) that falls below the national average. However, Sky Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Sky Lake has a population of 7,728 with a median age of 37.6 years. Compare Sky Lake with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Sky Lake
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Inverness | 7,672 | $44,899 | $168,100 | Compare |
| Broadview Park | 7,802 | $67,532 | $326,700 | Compare |
| Beacon Square | 7,643 | $52,598 | $147,100 | Compare |
| Quincy | 7,818 | $34,126 | $101,700 | Compare |
| Newberry | 7,608 | $100,513 | $268,800 | Compare |
| Arcadia | 7,571 | $38,388 | $158,900 | Compare |
| Dade City | 7,570 | $63,041 | $211,900 | Compare |
| Southwest Ranches | 7,569 | $157,390 | $841,900 | 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 Sky Lake With Other Cities
Frequently Asked Questions about Sky Lake
What is the population of Sky Lake, FL?
The population of Sky Lake, FL is 7,728 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 Sky Lake?
The median household income in Sky Lake, FL is $65,161 per year, which is 13% below the national median of $75,149.
What is the median home value in Sky Lake?
The median home value in Sky Lake, FL is $254,300, which is 4% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Sky Lake?
The median monthly rent in Sky Lake, FL is $1,538, which is 32% above the national average of $1,163/month.
What is the unemployment rate in Sky Lake?
The unemployment rate in Sky Lake, FL is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Sky Lake, FL a good place to live?
Sky Lake offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 7,728 and a median age of 37.6, the city appeals to a broad range of residents.
How educated is Sky Lake, FL?
16.9% of residents in Sky Lake 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 Sky Lake?
Key cost-of-living indicators for Sky Lake, FL: median home value is $254,300 (4% above national), median rent is $1,538/month, and median household income is $65,161. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Sky Lake?
The poverty rate in Sky Lake, FL is 8.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Sky Lake, FL?
Sky Lake's population is 11.5% White, 0.3% Hispanic or Latino, 23.3% Black or African American, 20.4% Asian, and 14.4% two or more races. 38.1% of residents are foreign-born.