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CITY · 2020 ACS

Lakewood Ranch

Florida · 34,877 residents · 46.081 sq mi
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The short version

Lakewood Ranch is significantly wealthier than the US average, with a median household income of $111,645. Population has grown 19% since 2021. 53% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $456,600. With a median age of 52.3, the population is older than the US median of 38.8. Households here earn about 93% more than the Florida median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 52.3
US median: 38.8
More educated
53% 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

34,877
+19%vs 2021
vs 29,408 in 2021
2020 – 2024
757 / sq mi
+19%vs 2021
vs 638 / sq mi in 2021
US average: 280
52.3
+2%vs 2021
vs 51.2 in 2021
US average: 38.8
Population, 20202024
28K32K37K41K45K20202024Lakewood Ranch
202444K
20202024
Section 02

Income & economy

$111,645
+6%inflation adjusted, since 2021
vs $110,026 in 2021
US average: $66,278
2020 – 2024
$53,802
−5%vs 2021
vs $56,393 in 2021
US average: $35,364
Households earning $100K+
67.1%
+0.2 ptsvs 2021
vs 66.9% in 2021
US average: 43.9%
7.1%
+0.8 ptsvs 2021
vs 6.3% in 2021
US average: 12.8%
Workforce by industry, 2020
Information17.9%
US avg: 11.1%
Other services10%
US avg: 6.6%
Public administration5.4%
US avg: 4.7%
Retail trade4.7%
US avg: 10%
Wholesale trade4.5%
US avg: 6.7%
Arts, entertainment, food2.9%
US avg: 2%
Transportation & warehousing2.3%
US avg: 2.5%
Finance & insurance1.2%
US avg: 5.5%
Professional, scientific, technical1.2%
US avg: 4.7%
Agriculture, forestry, fishing0.7%
US avg: 1.7%
Construction0.7%
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

$456,600
+1%inflation adjusted, since 2021
vs $474,600 in 2021
US average: $265,253
2020 – 2024
$1,856
+2%inflation adjusted, since 2021
vs $1,899 in 2021
US average: $1,124
77.5%
−3.8 ptsvs 2021
vs 81.4% in 2021
22.5% rent
4.1
−5%vs 2021
vs 4.3 in 2021
2020 – 2024
RELATED:See current rent listings in Lakewood Ranch on RentDataNow
Section 04

Race & ethnicity

2021
White, non-Hispanic81.9%(24,096)
Black1.9%(573)
Hispanic / Latino9.5%(2,786)
Asian1.9%(565)
Other4.7%(1,388)
Diversity Score39.6%(11,641)
2020
White, non-Hispanic81.5%(28,439)
Black2.4%(822)
Hispanic / Latino8.3%(2,892)
Asian3.8%(1,310)
Other3.8%(1,339)
Diversity Score40.2%(14,033)
40
+2%vs 2021
vs 40 in 2021
2020 – 2024
Section 05

Education

53.4%
−2.7 ptsvs 2021
vs 56.1% in 2021
US average: 32.9%
High school or higher
97.7%
−0.2 ptsvs 2021
vs 97.9% in 2021
US average: 88.5%
26.3%
−0.2 ptsvs 2021
vs 26.5% in 2021
US average: 12.7%
Section 06

Commute & transportation

29.8 min
+10%vs 2021
vs 27.2 min in 2021
US average: 26.9
71.4%
+4.1 ptsvs 2021
vs 67.3% in 2021
US average: 75.1%
4.1%
+0.6 ptsvs 2021
vs 3.5% in 2021
US average: 8.4%
Section 07

Work & employment

3.2%
+0.4 ptsvs 2021
vs 2.8% in 2021
US average: 5.4%
50.0%
−1.8 ptsvs 2021
vs 51.8% in 2021
US average: 63.4%
53.0%
+0.8 ptsvs 2021
vs 52.2% in 2021
US average: 39.3%
Section 08

People & community

49.9%
−0.2 ptsvs 2021
vs 50.1% in 2021
50.1%
+0.2 ptsvs 2021
vs 49.9% in 2021
10.1%
−2.0 ptsvs 2021
vs 12.2% in 2021
US average: 13.5%
5.0%
−0.6 ptsvs 2021
vs 5.6% in 2021
US average: 8.8%
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Frequently asked

How many people live in Lakewood Ranch, Florida?

Lakewood Ranch, Florida has about 34,877 residents according to the 2020 American Community Survey.

What is the median household income in Lakewood Ranch, Florida?

The typical household in Lakewood Ranch, Florida earns about $111,645 a year. Half of households make more than that, and half make less.

Is Lakewood Ranch, Florida expensive?

In Lakewood Ranch, Florida, the median home is worth about $456,600, and the typical rent is about $1,856 a month.

How educated are people in Lakewood Ranch, Florida?

About 53.4% of adults age 25 and over in Lakewood Ranch, Florida hold a bachelor's degree or higher.

What is the poverty rate in Lakewood Ranch, Florida?

About 7.1% of people in Lakewood Ranch, Florida live below the federal poverty line.

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

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