Westlake, FL
Population 2,876 · Florida
About Westlake, FL
Westlake is a small town located in Florida with a population of 2,876 residents according to the latest US Census Bureau American Community Survey data. The median household income is $140,000 per year, which is 86% above the national median of $75,149. The median age of 38.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Westlake features a median home value of $629,100, which is 157% above the national median of $244,900. This places Westlake in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 964 total housing units, 98% are owner-occupied (945 units) and 2% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Westlake shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Westlake have an average one-way commute time of 52.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
54.2% of Westlake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.1% Hispanic or Latino, 9.8% Black or African American, and 14.3% Asian residents, with 17.3% of the population being foreign-born.
How Westlake Ranks in Florida
Cost of Living in Westlake, FL
Compared to national averages, Westlake has a median household income of $140,000 (86% above the national median of $75,149). Home values average $629,100, which is 157% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Florida, Westlake's income is 84% above the state average of $75,893, and home values are 78% above the state median of $353,675.
Why Live in Westlake, FL?
Westlake offers a strong local economy with a median household income of $140,000, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 3.6%. Additionally, the city features a well-educated community where 54.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $629,100. However, Westlake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Westlake has a population of 2,876 with a median age of 38.7 years. Compare Westlake with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Westlake
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Olga | 2,876 | $90,733 | $306,500 | Compare |
| Lake Helen | 2,877 | $94,952 | $344,900 | Compare |
| Polk City | 2,884 | $83,333 | $287,600 | Compare |
| Hurlburt Field | 2,867 | $46,683 | $0 | Compare |
| Vamo | 2,845 | $85,094 | $309,900 | Compare |
| Cedar Grove | 2,911 | $44,202 | $147,400 | Compare |
| Verona Walk | 2,931 | $54,039 | $540,600 | Compare |
| Sharpes | 2,948 | $67,917 | $259,400 | 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.
Compare Westlake With Other Cities
Frequently Asked Questions about Westlake
What is the population of Westlake, FL?
The population of Westlake, FL is 2,876 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 Westlake?
The median household income in Westlake, FL is $140,000 per year, which is 86% above the national median of $75,149.
What is the median home value in Westlake?
The median home value in Westlake, FL is $629,100, which is 157% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Westlake?
The median monthly rent in Westlake, FL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Westlake?
The unemployment rate in Westlake, FL is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Westlake, FL a good place to live?
Westlake offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,876 and a median age of 38.7, the city appeals to a broad range of residents.
How educated is Westlake, FL?
54.2% of residents in Westlake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Westlake?
Key cost-of-living indicators for Westlake, FL: median home value is $629,100 (157% above national), median rent is $0/month, and median household income is $140,000. The home-value-to-income ratio is 4.5x, a moderate figure by national standards.
What is the poverty rate in Westlake?
The poverty rate in Westlake, FL is 3.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Westlake, FL?
Westlake's population is 0.0% White, 0.1% Hispanic or Latino, 9.8% Black or African American, 14.3% Asian, and 17.2% two or more races. 17.3% of residents are foreign-born.