How many renters in Lake Alfred, FL pay more than 30% of their income on rent?

76.3% (±28.1 points) of renting households in Lake Alfred, FL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

63.8% spend 35% or more.

The median renting household spends 41.8% of its income on rent.

Figures last updated on .

Paying 30% or more
76.3% (±28.1 points)
Paying 35% or more
63.8% (±24.0 points)
Median share of income
41.8% (±11.2 points)

Rent as a share of income in Lake Alfred

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentLake AlfredPolk CountyFloridaUnited States
Less than 15%7.3% (±11.9 points)10.1%8.1%12.6%
15% to 19.9%2.5% (±3.8 points)10.9%9.3%12.2%
20% to 24.9%14.0% (±13.1 points)13.0%11.3%12.6%
25% to 29.9%0.0% (±6.6 points)11.8%11.3%11.5%
30% to 34.9%12.5% (±14.6 points)9.3%9.8%9.2%
35% or more63.8% (±24.0 points)44.9%50.2%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Lake Alfred against Polk County, its state and the nation

Estimate (90% margin of error)
Lake AlfredPolk CountyFloridaUnited States
Paying 30% or more76.3% (±28.1 points)54.2% (±2.0 points)60.0% (±0.4 points)51.1%
Paying 35% or more63.8% (±24.0 points)44.9% (±1.8 points)50.2% (±0.4 points)41.9%
Median share of income41.8% (±11.2 points)32.3% (±1.0 points)35.2% (±0.3 points)30.6%
Median renter household income$29,364 (±$26,196)$50,423 (±$1,573)$53,617 (±$353)$52,966
Median gross rent$1,349 (±$340)$1,363 (±$28)$1,669 (±$5)$1,413

In Lake Alfred, the share of renters paying 30% or more of income is not measurably different from Polk County (54.2%).

It is not measurably different from Florida (60.0%).

It is not measurably different from the national figure (51.1%).

In Polk County, Lake Alfred ranks 3 of 36 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 88 of 843.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Lake Alfred

Nearest places with a published estimate, compared with Lake Alfred
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Lake Alfred—76.3% (±28.1 points)—
Auburndale5.3 mi65.1% (±15.4 points)Not measurably different
Haines City6.3 mi57.5% (±11.4 points)Not measurably different
Winter Haven6.4 mi62.3% (±6.8 points)Not measurably different
Davenport6.7 mi66.1% (±30.5 points)Not measurably different
Inwood7.5 mi56.3% (±21.2 points)Not measurably different
Polk City7.5 mi69.4% (±31.0 points)Not measurably different
Lake Hamilton8.2 mi55.1% (±50.1 points)Not measurably different
Cypress Gardens9.4 mi49.2% (±22.9 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Polk County, place by place

RankPlaceRenters paying 30% or more of income
1Babson Park100.0% (±141.4 points)
2Fort Meade79.0% (±22.5 points)
3Lake Alfred76.3% (±28.1 points)
4 (tie)Dundee69.4% (±20.6 points)
4 (tie)Polk City69.4% (±31.0 points)
6Loughman67.6% (±18.2 points)
7Lake Wales67.3% (±10.6 points)
8Davenport66.1% (±30.5 points)
9Auburndale65.1% (±15.4 points)

Showing 9 of 36 places in Polk County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Lake Alfred

Are renters in Lake Alfred rent-burdened?

76.3% of renting households in Lake Alfred pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Lake Alfred spend on rent?

The median renting household in Lake Alfred, FL spends 41.8% (±11.2 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Alfred city, Florida (place:37525, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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