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CITY · 2020 ACS

Lake Alfred

Florida · 6,374 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 $44,714. The city has grown rapidly, with population up 64% since 2000. 17% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $135,400.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 39.3
US median: 38.8
Less educated
17% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
6,374
+64%since 2000
from 3,890 in 2000
1990 – 2025
Population density
648 / sq mi
+64%since 2000
from 396 / sq mi in 2000
US average: 280
Median age
39.3
+3%since 2000
from 38.0 in 2000
US average: 38.8
Population, 1990 – 2024
3K4K5K7K8K1990201020202024Lake Alfred
20247K
1990201020202024
Section 02

Income & economy

Median household income
$44,714
−19%inflation adjusted, since 2000
from $36,809 in 2000
US average: $66,278
1990 – 2024
Per capita income
$24,252
+35%since 2000
from $18,008 in 2000
US average: $35,364
Households earning $100K+
29.5%
+3.5 ptssince 2009
from 26.0% in 2009
US average: 43.9%
Poverty rate
18.5%
+4.5 ptssince 2000
from 14.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Information15.7%
US avg: 11.1%
Finance & insurance13.5%
US avg: 5.5%
Professional, scientific, technical13.5%
US avg: 4.7%
Retail trade5.3%
US avg: 10%
Wholesale trade4.1%
US avg: 6.7%
Other services4.1%
US avg: 6.6%
Transportation & warehousing2.6%
US avg: 2.5%
Public administration2.5%
US avg: 4.7%
Arts, entertainment, food0.3%
US avg: 2%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$135,400
+23%inflation adjusted, since 2000
from $73,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$963
+22%inflation adjusted, since 2000
from $526 in 2000
US average: $1,124
Owner-occupied
72.9%
+0.7 ptssince 2000
from 72.1% in 2000
27.1% rent
Afford Score
3.0
+52%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)
2020
White, non-Hispanic49.8%(3,177)
Black16.1%(1,027)
Hispanic / Latino27.7%(1,764)
Asian1.9%(122)
Other3.9%(248)
Diversity Score80.4%(5,124)
Diversity Score
80
+65%since 2000
from 49 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
16.5%
+0.9 ptssince 2000
from 15.6% in 2000
US average: 32.9%
High school or higher
80.2%
+5.9 ptssince 2000
from 74.3% in 2000
US average: 88.5%
Graduate degree
7.8%
+2.3 ptssince 2000
from 5.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
26.0 min
+32%since 2000
from 19.7 min in 2000
US average: 26.9
Drive alone to work
82.0%
+5.9 ptssince 2009
from 76.2% in 2009
US average: 75.1%
No vehicle available
8.6%
+7.7 ptssince 2009
from 0.9% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.2%
−3.1 ptssince 2011
from 8.2% in 2011
US average: 5.4%
Labor force participation
61.4%
+5.3 ptssince 2011
from 56.1% in 2011
US average: 63.4%
Management & professional
33.3%
−26.5 ptssince 2009
from 59.8% in 2009
US average: 39.3%
Section 08

People & community

Male
43.3%
−7.8 ptssince 2009
from 51.1% in 2009
Female
56.7%
+7.8 ptssince 2009
from 48.9% in 2009
Foreign born
17.3%
+5.9 ptssince 2009
from 11.4% in 2009
US average: 13.5%
Uninsured
9.8%
−64.1 ptssince 2013
from 73.9% in 2013
US average: 8.8%
Drill deeper

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Compare Lake Alfred to nearby cities

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LAKE ALFRED VS
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LAKE ALFRED VS
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LAKE ALFRED VS
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Income$75,483+69%
Home value$287,100+112%
Population10,077same
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Frequently asked

How many people live in Lake Alfred, Florida?

Lake Alfred, Florida has about 6,374 residents according to the 2020 American Community Survey.

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

The typical household in Lake Alfred, Florida earns about $44,714 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 $135,400, and the typical rent is about $963 a month.

How educated are people in Lake Alfred, Florida?

About 16.5% 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 18.5% 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 2,752 residents, a change of about 76 percent over that period.

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

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