Last updated: 2024 BLS data · Page refreshed:
Lakeland has a population of 119,961 with a median age of 38.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 119,961 |
| Median Age | 38.9 |
| White | 58.9% |
| Black or African American | 18.5% |
| Asian | 2.6% |
| Hispanic or Latino | 20.5% |
The median household income in Lakeland is $64,185, which is 20.4% below the national median of $80,610. The per capita income is $35,902. The poverty rate is 13.2%.
The unemployment rate in Lakeland is 4.3%, compared to the national rate of 4.1%.
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In Lakeland, 91.5% of residents age 25+ have a high school diploma or higher, and 29.4% hold a bachelor's degree or higher (11.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.5% |
| Bachelor's Degree or Higher | 29.4% |
| Graduate or Professional Degree | 11.0% |
The median home value in Lakeland is $249,400, below the national median of $303,400. The median monthly rent is $1,395. The homeownership rate is 56.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $249,400 |
| Median Monthly Rent | $1,395 |
| Homeownership Rate | 56.4% |
| Vacancy Rate | 12.9% |
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