How many renters in Lake Park, FL pay more than 30% of their income on rent?
55.6% (±12.5 points) of renting households in Lake Park, FL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
46.7% spend 35% or more.
The median renting household spends 33.2% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 55.6% (±12.5 points)
- Paying 35% or more
- 46.7% (±10.5 points)
- Median share of income
- 33.2% (±7.1 points)
Rent as a share of income in Lake Park
| Share of income spent on rent | Lake Park | Palm Beach County | Florida | United States |
|---|---|---|---|---|
| Less than 15% | 2.4% (±2.9 points) | 8.0% | 8.1% | 12.6% |
| 15% to 19.9% | 6.4% (±6.6 points) | 8.3% | 9.3% | 12.2% |
| 20% to 24.9% | 25.6% (±11.5 points) | 10.2% | 11.3% | 12.6% |
| 25% to 29.9% | 9.9% (±9.0 points) | 11.2% | 11.3% | 11.5% |
| 30% to 34.9% | 8.9% (±6.7 points) | 9.4% | 9.8% | 9.2% |
| 35% or more | 46.7% (±10.5 points) | 52.9% | 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 Park against Palm Beach County, its state and the nation
| Lake Park | Palm Beach County | Florida | United States | |
|---|---|---|---|---|
| Paying 30% or more | 55.6% (±12.5 points) | 62.3% (±1.4 points) | 60.0% (±0.4 points) | 51.1% |
| Paying 35% or more | 46.7% (±10.5 points) | 52.9% (±1.2 points) | 50.2% (±0.4 points) | 41.9% |
| Median share of income | 33.2% (±7.1 points) | 36.8% (±0.7 points) | 35.2% (±0.3 points) | 30.6% |
| Median renter household income | $48,012 (±$8,720) | $60,689 (±$1,327) | $53,617 (±$353) | $52,966 |
| Median gross rent | $1,600 (±$225) | $1,916 (±$19) | $1,669 (±$5) | $1,413 |
In Lake Park, the share of renters paying 30% or more of income is not measurably different from Palm Beach County (62.3%).
It is not measurably different from Florida (60.0%).
It is not measurably different from the national figure (51.1%).
In Palm Beach County, Lake Park ranks 34 of 54 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 500 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 Park
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Lake Park | — | 55.6% (±12.5 points) | — |
| Riviera Beach | 1.4 mi | 69.8% (±7.8 points) | Not measurably different |
| North Palm Beach | 1.5 mi | 54.3% (±11.3 points) | Not measurably different |
| Palm Beach Shores | 2.6 mi | 46.4% (±19.2 points) | Not measurably different |
| Mangonia Park | 2.9 mi | 70.2% (±13.5 points) | Not measurably different |
| Juno Ridge | 3.4 mi | 56.5% (±25.3 points) | Not measurably different |
| Cabana Colony | 4.0 mi | 69.2% (±29.6 points) | Not measurably different |
| Juno Beach | 5.2 mi | 70.6% (±26.8 points) | Not measurably different |
| West Palm Beach | 5.3 mi | 59.2% (±3.7 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 Palm Beach County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 28 | Delray Beach | 59.7% (±5.4 points) |
| 29 | West Palm Beach | 59.2% (±3.7 points) |
| 30 | Seminole Manor | 59.1% (±38.2 points) |
| 31 | Palm Springs | 58.8% (±7.3 points) |
| 32 | Palm Beach Gardens | 56.8% (±6.6 points) |
| 33 | Juno Ridge | 56.5% (±25.3 points) |
| 34 | Lake Park | 55.6% (±12.5 points) |
| 35 | Royal Palm Beach | 54.7% (±11.8 points) |
| 36 (tie) | Jupiter Farms | 54.3% (±42.2 points) |
| 36 (tie) | North Palm Beach | 54.3% (±11.3 points) |
| 38 | Belle Glade | 52.3% (±9.5 points) |
| 39 | Hypoluxo | 50.4% (±21.1 points) |
| 40 | Manalapan | 50.0% (±111.8 points) |
Showing 13 of 54 places in Palm Beach 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 Park
Are renters in Lake Park rent-burdened?
55.6% of renting households in Lake Park 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 Park spend on rent?
The median renting household in Lake Park, FL spends 33.2% (±7.1 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Park town, Florida
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Lake Park town, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Park town, Florida
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 Park town, Florida (place:38600, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free 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 .
Related
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- Fair Market Rent in Lake Park
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- Housing data for every place in Florida