Lake County
Florida · Pop. 412,373
Ranked #97 of 200 counties
42Moderate
Median Home Price
🏠$320K
5.2% YoY
Median Rent
🔑$1,500
Median Income
💰$55K
Rent Burden
📊33.0%
% of income to rent
Housing Shortage
🏗️10,000
estimated unit deficit
Building Permits (2024)
📋5,500
Price-to-Income Ratio
⚖️5.8x
Homeownership Rate
🏡74.0%
How Lake County Compares
| Metric | Lake County | Florida | National |
|---|---|---|---|
| Home Price | $320K | $381K | $410K |
| Rent | $1,500 | $1,719 | $1,500 |
| Income | $55K | $73K | $75K |
| Rent Burden | 33.0% | 37.8% | 30.0% |
| Homeownership | 74.0% | 68.0% | 65.0% |
Key Takeaways
- • Home prices are 22% below the national average.
- • Rent is about average the national average.
- • The county has an estimated housing shortage of 10,000 units.
- • 5,500 building permits were issued in 2024.
- • Year-over-year home prices changed by 5.2%.