Is Lake Magdalene, FL growing?
Lake Magdalene, FL had an estimated 32,083 (±2,085) residents in 2020–2024, against 30,805 in 2015–2019.
That is a change of +4.1%, not a measurable change.
Its housing went from 13,302 to 13,809 homes (+3.8%), not a measurable change.
1.1% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 32,083 (±2,085)
- Amount of change
- +4.1%
- Homes change
- +3.8%
- Built 2020 or later
- 1.1%
Residents and homes in Lake Magdalene, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 30,805 (±1,020) | 32,083 (±2,085) | +4.1% | Not a measurable change |
| Housing units | 13,302 (±227) | 13,809 (±551) | +3.8% | Not a measurable change |
| Households that rent | 29.4% (±2.6 points) | 27.7% (±2.9 points) | −1.7 percentage points | Not a measurable change |
| Median gross rent | $1,027 (±$53) | $1,434 (±$60) | +39.6% | Up after inflation |
| Median home value | $231,000 (±$10,094) | $371,800 (±$14,752) | +61.0% | Up 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.
Growth in Lake Magdalene against Hillsborough County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Lake Magdalene | +4.1% | Not a measurable change | +3.8% |
| Hillsborough County | +7.1% | Measurable increase | +8.6% |
| Florida | +7.2% | Measurable increase | +8.6% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Lake Magdalene
| Year built | Lake Magdalene | Hillsborough County | Florida | United States |
|---|---|---|---|---|
| 2020 or later | 1.1% (±0.5 points) | 3.2% | 3.2% | 2.0% |
| 2010 to 2019 | 7.0% (±1.8 points) | 15.3% | 11.0% | 9.4% |
| 2000 to 2009 | 9.1% (±2.7 points) | 19.0% | 18.1% | 13.6% |
8.1% of the homes in Lake Magdalene were built in 2010 or later.
The median age of residents is 40.8 years.
Growth in places near Lake Magdalene
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Lake Magdalene | — | 32,083 | +4.1% | Not a measurable change |
| Carrollwood | 2.5 mi | 36,725 | +2.9% | Not a measurable change |
| Northdale | 3.1 mi | 25,710 | +9.4% | Measurable increase |
| University (Hillsborough County) | 3.1 mi | 48,127 | −0.6% | Not a measurable change |
| Lutz | 4.6 mi | 27,106 | +21.9% | Measurable increase |
| Egypt Lake-Leto | 4.6 mi | 35,873 | −4.9% | Not a measurable change |
| Citrus Park | 4.8 mi | 28,804 | +6.6% | Not a measurable change |
| Cheval | 5.0 mi | 13,969 | +29.2% | Measurable increase |
| Temple Terrace | 7.1 mi | 27,275 | +2.8% | Measurable increase |
Lake Magdalene 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 Magdalene
Is Lake Magdalene growing?
Lake Magdalene, FL had an estimated 32,083 residents in 2020–2024 and 30,805 in 2015–2019, a change of +4.1%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Lake Magdalene?
The estimated number of housing units went from 13,302 in 2015–2019 to 13,809 in 2020–2024 (+3.8%), not a measurable change.
How much new construction is there in Lake Magdalene?
1.1% of homes in Lake Magdalene were built in 2020 or later and 7.0% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lake Magdalene CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Magdalene CDP, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lake Magdalene CDP, Florida
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Lake Magdalene CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Magdalene CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Magdalene CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake Magdalene CDP, 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) for Lake Magdalene CDP, Florida (place:38350, 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, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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
- Housing in Lake Magdalene at a glance
- Median rent in Lake Magdalene
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- Income and affordability in Lake Magdalene
- Home values in Lake Magdalene
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- Types of homes in Lake Magdalene
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- Age of homes in Lake Magdalene
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- Commute and cars in Lake Magdalene
- How long people stay in Lake Magdalene
- Crowding and facilities in Lake Magdalene
- Fair Market Rent in Lake Magdalene
- Florida landlord and tenant rules
- Housing across Hillsborough County
- Housing data for every place in Florida