What percentage of people rent in Lake Hamilton, FL?
20.8% (±9.6 points) of the occupied homes in Lake Hamilton, FL are rented (2020–2024 American Community Survey).
That is 106 renting households against 404 that own their home.
In Lake Hamilton, the share of households that rent went from 12.9% in 2015–2019 to 20.8% in 2020–2024 (+7.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 20.8% (±9.6 points)
- Renting households
- 106 (±55)
- Median renter income
- $43,958 (±$26,320)
Who rents and who owns in Lake Hamilton
| Lake Hamilton | Polk County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 20.8% (±9.6 points) | 29.5% (±0.7 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 106 (±55) | 85,480 (±2,095) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 404 (±89) | 203,945 (±2,155) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 3.1 (±0.6) | 2.7 (±0.1) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 3.6 (±0.5) | 2.7 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $43,958 (±$26,320) | $50,423 (±$1,573) | $53,617 (±$353) | $52,966 |
| Median owner household income | $63,750 (±$39,152) | $75,442 (±$1,695) | $88,144 (±$469) | $100,009 |
In Lake Hamilton, the renter share is not measurably different from Polk County (29.5%).
It is also lower than in Florida (32.4%).
It is lower than the national figure (34.8%).
In Polk County, Lake Hamilton ranks 26 of 36 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 548 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lake Hamilton has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 12.9% (±9.2 points) | 20.8% (±9.6 points) | +7.9 percentage points | Not a measurable change |
| Median gross rent | $1,060 (±$191) | $1,180 (±$165) | +11.3% | No measurable change after inflation |
| Median household income | $41,420 (±$9,349) | $60,486 (±$15,403) | +46.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Lake Hamilton
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lake Hamilton | — | 20.8% (±9.6 points) | — |
| Dundee | 2.6 mi | 32.7% (±11.7 points) | Not measurably different |
| Haines City | 4.4 mi | 29.0% (±4.6 points) | Not measurably different |
| Grenelefe | 4.8 mi | 42.4% (±16.1 points) | Higher |
| Cypress Gardens | 5.0 mi | 24.4% (±5.8 points) | Not measurably different |
| Winter Haven | 6.5 mi | 36.3% (±2.9 points) | Higher |
| Davenport | 7.8 mi | 10.7% (±4.5 points) | Not measurably different |
| Lake Alfred | 8.2 mi | 29.9% (±10.4 points) | Not measurably different |
| Inwood | 8.6 mi | 31.4% (±8.8 points) | Not measurably different |
Nearby places with a measurably higher figure: Grenelefe, FL (42.4%), Winter Haven, FL (36.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Polk County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 20 | Frostproof | 28.8% (±8.5 points) |
| 21 | Auburndale | 26.7% (±5.1 points) |
| 22 | Cypress Gardens | 24.4% (±5.8 points) |
| 23 | Eagle Lake | 24.1% (±11.4 points) |
| 24 | Fussels Corner | 23.5% (±5.7 points) |
| 25 | Poinciana | 22.8% (±3.5 points) |
| 26 (tie) | Lake Hamilton | 20.8% (±9.6 points) |
| 26 (tie) | Mulberry | 20.8% (±8.6 points) |
| 28 | Highland City | 20.7% (±4.4 points) |
| 29 | Kathleen | 20.4% (±7.6 points) |
| 30 | Polk City | 16.6% (±7.3 points) |
| 31 | Lakeland Highlands | 16.0% (±3.1 points) |
| 32 | Alturas | 12.3% (±5.5 points) |
Showing 13 of 36 places in Polk County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Lake Hamilton
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Questions about Lake Hamilton
How many renters are there in Lake Hamilton?
Lake Hamilton has an estimated 106 (±55) renting households, 20.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Lake Hamilton?
In Lake Hamilton, the share of households that rent went from 12.9% in 2015–2019 to 20.8% in 2020–2024 (+7.9 percentage points), not a measurable change.
How big are renting households in Lake Hamilton?
A renting household in Lake Hamilton has 3.1 people on average, against 3.6 in an owned home.
How much do renters earn in Lake Hamilton?
The median renting household in Lake Hamilton, FL has an income of $43,958 (±$26,320) a year, against $63,750 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Hamilton town, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Hamilton town, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Hamilton town, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Hamilton town, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake Hamilton town, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Hamilton town, Florida (place:37975, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
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- Age of homes in Lake Hamilton
- Heating fuel in Lake Hamilton
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- Crime reported to police in Lake Hamilton
- Population growth in Lake Hamilton
- How long people stay in Lake Hamilton
- Florida landlord and tenant rules
- Housing across Polk County
- Florida places ranked by share of renters
- Housing data for every place in Florida