What percentage of people rent in Lake Lorraine, FL?

Name: Renters and owners in Lake Lorraine, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

26.8% (±6.3 points) of the occupied homes in Lake Lorraine, FL are rented (2020–2024 American Community Survey).

That is 777 renting households against 2,125 that own their home.

In Lake Lorraine, the share of households that rent went from 31.9% in 2015–2019 to 26.8% in 2020–2024 (−5.1 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 26.8% (±6.3 points)
Renting households: 777 (±195)
Median renter income: $76,905 (±$8,965)

Who rents and who owns in Lake Lorraine

Tenure, estimate (90% margin of error)
	Lake Lorraine	Okaloosa County	Florida	United States
Renter-occupied share	26.8% (±6.3 points)	31.6% (±1.1 points)	32.4% (±0.2 points)	34.8%
Renting households	777 (±195)	26,994 (±1,055)	2,834,163 (±17,461)	45,017,354
Owning households	2,125 (±260)	58,417 (±1,038)	5,918,647 (±31,594)	84,210,142
Average renter household size	2.6 (±0.4)	2.5 (±0.1)	2.5 (±0.0)	2.3
Average owner household size	2.3 (±0.1)	2.5 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$76,905 (±$8,965)	$58,571 (±$2,096)	$53,617 (±$353)	$52,966
Median owner household income	$117,596 (±$21,610)	$100,135 (±$3,540)	$88,144 (±$469)	$100,009

In Lake Lorraine, the renter share is not measurably different from Okaloosa County (31.6%).

It is not measurably different from Florida (32.4%).

It is lower than the national figure (34.8%).

In Okaloosa County, Lake Lorraine ranks 12 of 14 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 429 of 857.

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

How renting in Lake Lorraine has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	31.9% (±4.7 points)	26.8% (±6.3 points)	−5.1 percentage points	Not a measurable change
Median gross rent	$1,171 (±$85)	$1,654 (±$151)	+41.2%	Up after inflation
Median household income	$77,015 (±$8,304)	$104,105 (±$9,233)	+35.2%	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 Lorraine

Nearest places with a published estimate, compared with Lake Lorraine
Place	Distance	Households that rent	Compared with this place
Lake Lorraine	—	26.8% (±6.3 points)	—
Shalimar	1.1 mi	30.0% (±15.3 points)	Not measurably different
Eglin AFB	1.6 mi	100.0% (±6.1 points)	Higher
Ocean City	2.5 mi	42.3% (±7.5 points)	Higher
Cinco Bayou	2.9 mi	34.7% (±14.3 points)	Not measurably different
Fort Walton Beach	3.5 mi	38.2% (±3.7 points)	Higher
Wright	4.6 mi	45.9% (±3.9 points)	Higher
Valparaiso	4.6 mi	35.8% (±9.1 points)	Not measurably different
Mary Esther	5.9 mi	30.2% (±7.6 points)	Not measurably different

Nearby places with a measurably higher figure: Eglin AFB, FL (100.0%), Ocean City, FL (42.3%), Fort Walton Beach, FL (38.2%).

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

Households that rent across Okaloosa County, place by place

Rank	Place	Households that rent
6	Fort Walton Beach	38.2% (±3.7 points)
7	Valparaiso	35.8% (±9.1 points)
8	Cinco Bayou	34.7% (±14.3 points)
9	Destin	30.3% (±4.4 points)
10	Mary Esther	30.2% (±7.6 points)
11	Shalimar	30.0% (±15.3 points)
12	Lake Lorraine	26.8% (±6.3 points)
13	Niceville	26.4% (±4.7 points)
14	Laurel Hill	12.5% (±8.9 points)

Showing 9 of 14 places in Okaloosa County, ranked from highest to lowest.

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

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).

Is renting growing in Lake Lorraine?

In Lake Lorraine, the share of households that rent went from 31.9% in 2015–2019 to 26.8% in 2020–2024 (−5.1 percentage points), not a measurable change.

How big are renting households in Lake Lorraine?

A renting household in Lake Lorraine has 2.6 people on average, against 2.3 in an owned home.

How much do renters earn in Lake Lorraine?

The median renting household in Lake Lorraine, FL has an income of $76,905 (±$8,965) a year, against $117,596 for households that own their home.

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 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API 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.