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CITY · 2010 ACS

Lake Alfred

Florida · 5,015 residents · 9.833 sq mi
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The short version

Lake Alfred has notably lower household income than the US average, with a median household income of $38,807. Population has grown 29% since 2000. 18% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value has risen by half since 2000, reaching $121,400.

At a glance
Lower income
below the US median
US median: $52,703
Mid-age
median age 38.4
US median: 37.2
Less educated
18% hold a bachelor's degree
US average: 28%
Less affordable
home values up 31%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
5,015
+29%since 2000
from 3,890 in 2000
1990 – 2025
Population density
510 / sq mi
+29%since 2000
from 396 / sq mi in 2000
US average: 261
Median age
38.4
+1%since 2000
from 38.0 in 2000
US average: 37.2
Population, 1990 – 2024
3K4K5K7K8K1990201020202024Lake Alfred
20247K
1990201020202024
Section 02

Income & economy

Median household income
$38,807
−17%inflation adjusted, since 2000
from $36,809 in 2000
US average: $52,703
1990 – 2024
Per capita income
$18,745
+4%since 2000
from $18,008 in 2000
US average: $27,286
Households earning $100K+
20.6%
−5.5 ptssince 2009
from 26.0% in 2009
US average: 33.3%
Poverty rate
17.0%
+3.0 ptssince 2000
from 14.0% in 2000
US average: 13.8%
Income inequality (Gini)
0.414
US average: 0.461
Workforce by industry, 2010
Information16.6%
US avg: 11.5%
Wholesale trade11.9%
US avg: 7.2%
Retail trade6.8%
US avg: 10.9%
Other services3.8%
US avg: 7%
Finance & insurance3.7%
US avg: 5.1%
Arts, entertainment, food3.3%
US avg: 2.4%
Professional, scientific, technical2.7%
US avg: 4.2%
Public administration2.2%
US avg: 4.9%
Agriculture, forestry, fishing1.7%
US avg: 1.9%
Transportation & warehousing1.4%
US avg: 3.1%
Construction1.3%
US avg: 1.4%
Education & health services1%
US avg: 0.9%
Manufacturing0.5%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$121,400
+31%inflation adjusted, since 2000
from $73,400 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$848
+27%inflation adjusted, since 2000
from $526 in 2000
US average: $853
Owner-occupied
44.3%
−27.8 ptssince 2000
from 72.1% in 2000
32.7% rent
Vacancy rate
15.6%
+0.2 ptssince 2009
from 15.4% in 2009
US average: 12.1%
Owner cost-burdened
31.8%
+4.9 ptssince 2009
from 26.9% in 2009
US average: 30.9%
Renter cost-burdened
46.0%
+15.0 ptssince 2009
from 31.0% in 2009
US average: 46.8%
Afford Score
3.1
+57%since 2000
from 2.0 in 2000
1990 – 2024
RELATED:See current rent listings in Lake Alfred on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic74.7%(2,907)
Black16.9%(657)
Hispanic / Latino5.9%(229)
Asian0.8%(31)
Other0%
Diversity Score48.6%(1,891)
2010
White, non-Hispanic63.1%(3,165)
Black17%(854)
Hispanic / Latino16%(803)
Asian1.7%(85)
Other2.4%(118)
Diversity Score68.5%(3,436)
Diversity Score
69
+41%since 2000
from 49 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
17.7%
+2.0 ptssince 2000
from 15.6% in 2000
US average: 27.9%
High school or higher
83.9%
+9.6 ptssince 2000
from 74.3% in 2000
US average: 84.9%
Graduate degree
6.8%
+1.3 ptssince 2000
from 5.5% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
26.1 min
+33%since 2000
from 19.7 min in 2000
US average: 25.2
Drive alone to work
77.7%
+1.6 ptssince 2009
from 76.2% in 2009
US average: 76.2%
Carpooled to work
11.9%
−0.2 ptssince 2009
from 12.1% in 2009
US average: 10.4%
Public transit
0.2%
−0.2 ptssince 2009
from 0.5% in 2009
US average: 4.7%
Worked from home
2.3%
+0.1 ptssince 2009
from 2.2% in 2009
US average: 4.1%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.8%
Biked to work
2.5%
−0.4 ptssince 2009
from 2.9% in 2009
US average: 0.5%
No vehicle available
1.2%
+0.3 ptssince 2009
from 0.9% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
10.3%
Unchangedsince 2009
from 10.3% in 2009
US average: 12.9%
Management & professional
24.1%
−35.7 ptssince 2009
from 59.8% in 2009
US average: 35.2%
Section 08

People & community

Male
50.5%
−0.5 ptssince 2009
from 51.1% in 2009
Female
49.5%
+0.5 ptssince 2009
from 48.9% in 2009
Foreign born
11.6%
+0.2 ptssince 2009
from 11.4% in 2009
US average: 12.8%
Veterans
10.6%
−40.3 ptssince 2009
from 50.9% in 2009
US average: 9.9%
Drill deeper

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Head to head

Compare Lake Alfred to nearby cities

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LAKE ALFRED VS
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Home value$296,200+144%
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LAKE ALFRED VS
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Income$65,975+70%
Home value$288,900+138%
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LAKE ALFRED VS
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Income$75,483+95%
Home value$287,100+136%
Population10,077same
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Frequently asked

How many people live in Lake Alfred, Florida?

Lake Alfred, Florida has about 5,015 residents according to the 2010 American Community Survey.

What is the median household income in Lake Alfred, Florida?

The typical household in Lake Alfred, Florida earns about $38,807 a year. Half of households make more than that, and half make less.

Is Lake Alfred, Florida expensive?

In Lake Alfred, Florida, the median home is worth about $121,400, and the typical rent is about $848 a month.

How educated are people in Lake Alfred, Florida?

About 17.7% of adults age 25 and over in Lake Alfred, Florida hold a bachelor's degree or higher.

What is the poverty rate in Lake Alfred, Florida?

About 17.0% of people in Lake Alfred, Florida live below the federal poverty line.

Has Lake Alfred, Florida grown since 1990?

Yes, Lake Alfred, Florida has grown since 1990. The population has added about 1,393 residents, a change of about 38 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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