Housing data for Lake Lorraine, FL
Lake Lorraine, FL has an estimated 6,903 residents and 3,362 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Okaloosa County.
26.8% of households rent.
The median gross rent is $1,654 a month.
Figures last updated on .
- Residents
- 6,903 (±746)
- Housing units
- 3,362 (±255)
- Households that rent
- 26.8%
- Median gross rent
- $1,654
- Residents since 2015–2019
- −4.4%
What stands out in Lake Lorraine
Homes built before 1980: 48.4% (±8.2 points) in Lake Lorraine, higher than in Okaloosa County (30.2%).
Homes in buildings of 5 or more units: 9.6% (±4.6 points) in Lake Lorraine, lower than in Okaloosa County (20.1%).
Median household income: $104,105 (±$9,233) in Lake Lorraine, higher than in Okaloosa County ($81,998).
Median real estate taxes: $2,539 (±$305) in Lake Lorraine, higher than in Okaloosa County ($2,011).
- Age of homes in Lake Lorraine
- Types of homes in Lake Lorraine
- Income and affordability in Lake Lorraine
- Property taxes in Lake Lorraine
Housing in Lake Lorraine at a glance
- Median rent: $1,654 median gross rent a month
- Rent by bedrooms: $1,431 median gross rent, 2 bedrooms
- Rent burden: 51.3% of renters pay 30% or more of income
- Renters and owners: 26.8% of households rent
- Income and affordability: $104,105 median household income
- Home values: $434,500 median home value
- Homeowner costs: $2,239 median monthly cost with a mortgage
- Property taxes: $2,539 median real estate taxes a year
- Types of homes: 9.6% of homes are in buildings of 5 or more units
- Bedrooms: 79.5% of homes have 3 or more bedrooms
- Age of homes: 48.4% of homes were built before 1980
- Vacancy rate: 7.8% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 69.3% heat with electricity
- Commute and cars: 21.3 minutes average trip to work
- Growth: −4.4% residents since 2015–2019
- How long people stay: 27.8% moved in since 2020
- Crowding and facilities: 1.1% of homes have more than 1 person per room
Lake Lorraine against Okaloosa County, its state and the nation
| Lake Lorraine | Okaloosa County | Florida | United States | |
|---|---|---|---|---|
| Residents | 6,903 (±746) | 216,599 (exact) | 22,416,077 (exact) | 334,922,499 |
| Housing units | 3,362 (±255) | 103,864 (±80) | 10,256,470 (±942) | 143,775,355 |
| Households that rent | 26.8% (±6.3 points) | 31.6% (±1.1 points) | 32.4% (±0.2 points) | 34.8% |
| Median gross rent | $1,654 (±$151) | $1,612 (±$44) | $1,669 (±$5) | $1,413 |
| Median household income | $104,105 (±$9,233) | $81,998 (±$2,764) | $74,568 (±$284) | $80,734 |
| Median home value | $434,500 (±$32,335) | $351,200 (±$6,014) | $359,000 (±$930) | $332,700 |
| Median real estate taxes (a year) | $2,539 (±$305) | $2,011 (±$85) | $2,730 (±$10) | $3,119 |
| Built before 1980 | 48.4% (±8.2 points) | 30.2% (±1.3 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | 21.3 minutes (±2.6) | 26.3 minutes (±0.7) | 28.0 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 95.4% (±2.5 points) | 93.2% (±0.7 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 41.7 years (±3.2) | 37.4 years (±0.3) | 42.6 years (±0.1) | 38.9 years |
Lake Lorraine covers 2.1 square miles of land, about 3,351 residents per square mile (Census Bureau Gazetteer).
How Lake Lorraine has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 7,217 (±573) | 6,903 (±746) | −4.4% | Not a measurable change |
| Housing units | 3,103 (±125) | 3,362 (±255) | +8.3% | Not a measurable change |
| Median gross rent | $1,171 (±$85) | $1,654 (±$151) | +41.2% | Up after inflation |
| Median home value | $273,000 (±$15,565) | $434,500 (±$32,335) | +59.2% | Up after inflation |
| Median household income | $77,015 (±$8,304) | $104,105 (±$9,233) | +35.2% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,791 (±$128) | $2,239 (±$497) | +25.0% | No measurable change after inflation |
| Median real estate taxes | $1,698 (±$88) | $2,539 (±$305) | +49.5% | Up after inflation |
| Households that rent | 31.9% (±4.7 points) | 26.8% (±6.3 points) | −5.1 percentage points | Not a measurable change |
| Rental vacancy rate | 9.9% (±8.4 points) | 7.8% (±8.7 points) | −2.1 percentage points | Not a measurable change |
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.
ZIP codes in Lake Lorraine
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 32579 | 59% | 10,506 | $1,712 | $444,300 | $104,510 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Lake Lorraine
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Shalimar | 1.1 mi | $2,551 | $476,500 | 30.0% |
| Eglin AFB | 1.6 mi | $2,260 | — | 100.0% |
| Ocean City | 2.5 mi | $1,443 | $303,900 | 42.3% |
| Cinco Bayou | 2.9 mi | $1,643 | $348,800 | 34.7% |
| Fort Walton Beach | 3.5 mi | $1,307 | $321,800 | 38.2% |
| Wright | 4.6 mi | $1,621 | $306,100 | 45.9% |
| Valparaiso | 4.6 mi | $1,366 | $394,700 | 35.8% |
| Mary Esther | 5.9 mi | $1,699 | $298,900 | 30.2% |
Places in Florida most like Lake Lorraine
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| June Park | $1,755 | $411,200 | $88,243 | 21.6% |
| Wekiwa Springs | $1,974 | $453,600 | $116,596 | 22.2% |
| Niceville | $1,749 | $423,500 | $102,409 | 26.4% |
| Gulf Breeze | $1,536 | $505,600 | $104,050 | 21.8% |
| Pretty Bayou | $1,749 | $298,900 | $85,208 | 28.6% |
| Lakeland Highlands | $1,704 | $385,000 | $108,263 | 16.0% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Florida.
HUD Fair Market Rent for Lake Lorraine, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,421 | $1,706 | $1,908 | $2,616 | $3,189 |
HUD income limits for Lake Lorraine, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $22,400 | $37,350 | $59,750 |
| 2 people | $25,600 | $42,700 | $68,300 |
| 3 people | $28,800 | $48,050 | $76,850 |
| 4 people | $33,000 | $53,350 | $85,350 |
| 5 people | $38,680 | $57,650 | $92,200 |
| 6 people | $44,360 | $61,900 | $99,050 |
| 7 people | $50,040 | $66,200 | $105,850 |
| 8 people | $55,720 | $70,450 | $112,700 |
These are the limits HUD sets for its housing programs in the Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $106,700.
A program can use its own limits; tax-credit and local programs often do.
Lake Lorraine is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Lorraine
What is the average rent in Lake Lorraine, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Lorraine is $1,654 (±$151) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Lake Lorraine?
The median gross rent for a one-bedroom home in Lake Lorraine, FL is $1,125 (±$163) a month (2020–2024 American Community Survey).
Are renters in Lake Lorraine rent-burdened?
51.3% of renting households in Lake Lorraine pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Lake Lorraine?
Lake Lorraine has an estimated 777 (±195) renting households, 26.8% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Lake Lorraine?
The median household income in Lake Lorraine is $104,105 (±$9,233) a year (2020–2024 American Community Survey).
What is the average home value in Lake Lorraine, FL?
The Census Bureau publishes the median: $434,500 (±$32,335) for owner-occupied homes in Lake Lorraine (2020–2024 American Community Survey).
Is Lake Lorraine growing?
In Lake Lorraine, the number of residents went from 7,217 in 2015–2019 to 6,903 in 2020–2024 (−4.4%), not a measurable change.
What ZIP codes are in Lake Lorraine?
The ZIP code that covers Lake Lorraine is 32579.
What is the median rent in ZIP code 32579?
The median gross rent in ZIP Code Tabulation Area 32579 is $1,712 (±$112) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lake Lorraine CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Lorraine CDP, Florida
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake Lorraine CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lake Lorraine CDP, Florida
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Lake Lorraine CDP, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lake Lorraine CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Lorraine CDP, Florida
- HUD Fair Market Rents, fiscal year 2027: Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Lake Lorraine CDP, Florida (place:38287, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .