Lakeland, TN
Population 14,068 · Tennessee
About Lakeland, TN
Lakeland is a mid-sized city in Tennessee with a population of 14,068 residents. The median household income is $113,843 per year, which is above the national average. The median age in Lakeland is 39.5 years.
Housing in Lakeland has a median home value of $373,800 and median monthly rent of $1,611. Of the 5,270 total housing units, the majority are owner-occupied, with 4,209 owner-occupied and 1,037 renter-occupied units.
The unemployment rate in Lakeland is 2.7% and the poverty rate is 2.4%. 55.7% of residents hold a bachelor's degree or higher. The average commute time is 27 minutes.
How Lakeland Ranks in Tennessee
Cost of Living in Lakeland, TN
Compared to national averages, Lakeland has a median household income of $113,843 (51% above the national median of $75,149). Home values average $373,800, which is 53% above the national median. Monthly rent at $1,611 is 39% above the US average of $1,163. Within Tennessee, Lakeland's income is 81% above the state average of $62,849, and home values are 74% above the state median of $214,371.
Why Live in Lakeland, TN?
Lakeland offers a strong local economy with a median household income of $113,843, well above the national average, and a strong job market with an unemployment rate of just 2.7%, and a well-educated community where 55.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $373,800. However, Lakeland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lakeland has a population of 14,068 with a median age of 39.5 years. Compare Lakeland with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Lakeland
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Athens | 14,250 | $53,151 | $197,300 | Compare |
| White House | 13,875 | $87,315 | $311,200 | Compare |
| Elizabethton | 14,364 | $44,834 | $159,700 | Compare |
| McMinnville | 13,765 | $43,348 | $147,200 | Compare |
| Nolensville | 14,545 | $170,068 | $695,100 | Compare |
| Powell | 13,544 | $85,281 | $264,500 | Compare |
| Portland | 13,325 | $72,380 | $256,400 | Compare |
| Arlington | 14,989 | $125,909 | $367,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lakeland
What is the population of Lakeland, TN?
The population of Lakeland, TN is 14,068 according to the latest Census data.
What is the median household income in Lakeland?
The median household income in Lakeland, TN is $113,843 per year.
What is the median home value in Lakeland?
The median home value in Lakeland, TN is $373,800.
What is the average rent in Lakeland?
The median monthly rent in Lakeland, TN is $1,611.
What is the unemployment rate in Lakeland?
The unemployment rate in Lakeland, TN is 2.7%.