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Lake Butler, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,601
Population
$49,922
Median Income
$167,800
Home Value
35.1
Median Age

Demographics

Lake Butler has a population of 1,601 with a median age of 35.1. Here is the racial and ethnic breakdown of the population:

White
69.3%
Black
16.8%
Other
9.0%
Hispanic
4.9%
Demographic Value
Total Population1,601
Median Age35.1
White69.3%
Black or African American16.8%
Hispanic or Latino4.9%
Other / Two or More Races9.0%
Lake Butler, Florida — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 69.3%Black: 16.8%Other: 9.0%Hispanic/Latino: 4.9%1,601PopulationWhiteWhite69.3%BlackBlack16.8%OtherOther9.0%Hispanic/LatinoHispanic/Latino4.9%

Income & Economy

The median household income in Lake Butler is $49,922, which is 38.1% below the national median of $80,610. The per capita income is $21,864. The poverty rate is 24.7%.

$49,922
Median Household Income
$21,864
Per Capita Income
24.7%
Poverty Rate

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Education

In Lake Butler, 82.6% of residents age 25+ have a high school diploma or higher, and 13.3% hold a bachelor's degree or higher (10.3% with a graduate or professional degree).

HS Diploma+
82.6%
Bachelor's+
13.3%
Graduate+
10.3%
Education Level % of Adults (25+)
High School Diploma or Higher82.6%
Bachelor's Degree or Higher13.3%
Graduate or Professional Degree10.3%

Housing

The median home value in Lake Butler is $167,800, below the national median of $303,400. The median monthly rent is $774. The homeownership rate is 42.1%.

$167,800
Median Home Value
$774/mo
Median Rent
42.1%
Homeownership Rate
Housing Metric Value
Median Home Value$167,800
Median Monthly Rent$774
Homeownership Rate42.1%
Vacancy Rate6.6%

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Frequently Asked Questions

What is the population of Lake Butler, Florida?
The population of Lake Butler, Florida is 1,601 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Butler, Florida?
The median household income in Lake Butler, Florida is $49,922. This is 38.1% below the national median of $80,610.
What is the median home value in Lake Butler, Florida?
The median home value in Lake Butler, Florida is $167,800. The median monthly rent is $774.
What percentage of people in Lake Butler have a college degree?
In Lake Butler, Florida, 13.3% of adults age 25 and older hold a bachelor's degree or higher, and 82.6% have a high school diploma or higher.
Is Lake Butler, Florida an affordable place to live?
The home price-to-income ratio in Lake Butler, Florida is 3.4x (median home value $167,800 vs. median income $49,922), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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