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CENSUS TRACT

Census Tract 311.05

Florida · Lake County · 7,712 residents · 14.033 sq mi
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311.03311.05
TRACT SHAPE · Lake County, FL
The short version

Census Tract 311.05 has roughly average household income, with a median household income of $87,275. Population has grown 33% since 2020. Median home value has risen by half since 2020, reaching $336,300. With a median age of 67.8, the population is older than the US median of 38.9. Poverty is rare here, at 5.1% of residents.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 67.8
US median: 38.9
Average education
31% hold a bachelor's degree
US average: 36%
Less affordable
home values up 40%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
7,712
+33%since 2020
from 5,812 in 2020
2020 – 2024
Population density
550 / sq mi
+33%since 2020
from 414 / sq mi in 2020
US average: 281
Median age
67.8
−2%since 2020
from 69.3 in 2020
US average: 38.9
Population, 20202024
6K6K7K7K8K20202024Census Tract 311.05
20248K
20202024
Section 02

Income & economy

Median household income
$87,275
+3%inflation adjusted, since 2020
from $69,928 in 2020
US average: $82,259
2020 – 2024
Per capita income
$49,499
+28%since 2020
from $38,668 in 2020
US average: $44,673
Households earning $100K+
60.2%
+12.9 ptssince 2020
from 47.3% in 2020
US average: 53.3%
Poverty rate
5.1%
−0.8 ptssince 2020
from 5.9% in 2020
US average: 12.5%
Income inequality (Gini)
0.411
+11%since 2020
from 0.372 in 2020
US average: 0.476
Workforce by industry, 2024
Other services12.5%
US avg: 6.7%
Information10.1%
US avg: 10.8%
Finance & insurance8.3%
US avg: 5.9%
Professional, scientific, technical8.3%
US avg: 5.1%
Wholesale trade6.6%
US avg: 6.9%
Public administration5.8%
US avg: 4.8%
Transportation & warehousing4%
US avg: 2.2%
Retail trade2%
US avg: 9.9%
Agriculture, forestry, fishing1.8%
US avg: 1.6%
Arts, entertainment, food1.1%
US avg: 1.9%
Manufacturing0.9%
US avg: 0.4%
Construction0.9%
US avg: 1.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$336,300
+40%inflation adjusted, since 2020
from $198,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,756
−29%inflation adjusted, since 2020
from $2,035 in 2020
US average: $1,442
Owner-occupied
94.4%
+0.7 ptssince 2020
from 93.7% in 2020
5.6% rent
Vacancy rate
14.2%
−1.1 ptssince 2020
from 15.3% in 2020
US average: 10.0%
Owner cost-burdened
13.9%
+0.3 ptssince 2020
from 13.6% in 2020
US average: 22.9%
Renter cost-burdened
63.5%
+7.8 ptssince 2020
from 55.7% in 2020
US average: 47.4%
Afford Score
3.9
+36%since 2020
from 2.8 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 311.05 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic85.2%(4,952)
Black6.2%(361)
Hispanic / Latino6.9%(402)
Asian1.4%(81)
Other0.3%(16)
Diversity Score33.2%(1,927)
2024
White, non-Hispanic80.5%(6,210)
Black3.7%(282)
Hispanic / Latino12.1%(933)
Asian1%(79)
Other2.7%(208)
Diversity Score41.8%(3,227)
Diversity Score
42
+26%since 2020
from 33 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
30.5%
+5.3 ptssince 2020
from 25.2% in 2020
US average: 35.6%
High school or higher
96.9%
−1.3 ptssince 2020
from 98.1% in 2020
US average: 89.6%
Graduate degree
10.6%
+0.1 ptssince 2020
from 10.5% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
37.0 min
−11%since 2020
from 41.4 min in 2020
US average: 26.5
Drive alone to work
64.9%
−5.7 ptssince 2020
from 70.5% in 2020
US average: 68.9%
Carpooled to work
8.8%
−8.2 ptssince 2020
from 17.1% in 2020
US average: 8.5%
Public transit
0.0%
−1.5 ptssince 2020
from 1.5% in 2020
US average: 3.2%
Worked from home
25.6%
+19.2 ptssince 2020
from 6.4% in 2020
US average: 15.0%
Walked to work
0.7%
−0.6 ptssince 2020
from 1.3% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
1.0%
−0.8 ptssince 2020
from 1.9% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.9%
+1.5 ptssince 2020
from 2.4% in 2020
US average: 5.2%
Labor force participation
28.3%
+4.9 ptssince 2020
from 23.5% in 2020
US average: 63.5%
Self-employed
10.8%
−9.9 ptssince 2020
from 20.8% in 2020
US average: 13.1%
Management & professional
48.5%
+12.4 ptssince 2020
from 36.1% in 2020
US average: 42.5%
Section 08

People & community

Male
51.6%
+2.5 ptssince 2020
from 49.1% in 2020
Female
48.4%
−2.5 ptssince 2020
from 50.9% in 2020
Foreign born
7.8%
+1.2 ptssince 2020
from 6.5% in 2020
US average: 14.1%
Veterans
17.4%
−2.6 ptssince 2020
from 20.0% in 2020
US average: 6.2%
With a disability
24.7%
+1.3 ptssince 2020
from 23.4% in 2020
US average: 13.3%
Uninsured
4.8%
−0.3 ptssince 2020
from 5.1% in 2020
US average: 8.4%
Broadband at home
97.2%
+3.2 ptssince 2020
from 94.0% in 2020
US average: 91.0%
English only at home
88.0%
−5.4 ptssince 2020
from 93.5% in 2020
US average: 77.7%
Spanish at home
8.8%
+4.9 ptssince 2020
from 4.0% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 7,712 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $87,275 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $336,300, and the typical rent is about $1,756 a month.

How educated are people in this census tract?

About 30.5% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 5.1% of people in this census tract 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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