What percentage of people rent in Lake Park, FL?

53.5% (±8.5 points) of the occupied homes in Lake Park, FL are rented (2020–2024 American Community Survey).

That is 1,599 renting households against 1,391 that own their home.

In Lake Park, the share of households that rent went from 46.1% in 2015–2019 to 53.5% in 2020–2024 (+7.4 percentage points), not a measurable change.

Figures last updated on .

Households that rent
53.5% (±8.5 points)
Renting households
1,599 (±287)
Median renter income
$48,012 (±$8,720)

Who rents and who owns in Lake Park

Tenure, estimate (90% margin of error)
Lake ParkPalm Beach CountyFloridaUnited States
Renter-occupied share53.5% (±8.5 points)29.9% (±0.5 points)32.4% (±0.2 points)34.8%
Renting households1,599 (±287)181,166 (±2,990)2,834,163 (±17,461)45,017,354
Owning households1,391 (±422)424,264 (±3,713)5,918,647 (±31,594)84,210,142
Average renter household size3.2 (±0.8)2.5 (±0.0)2.5 (±0.0)2.3
Average owner household size2.7 (±0.5)2.5 (±0.0)2.5 (±0.0)2.6
Median renter household income$48,012 (±$8,720)$60,689 (±$1,327)$53,617 (±$353)$52,966
Median owner household income$87,260 (±$25,864)$97,651 (±$1,709)$88,144 (±$469)$100,009

In Lake Park, the renter share is higher than in Palm Beach County (29.9%).

It is also higher than in Florida (32.4%).

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

In Palm Beach County, Lake Park ranks 8 of 54 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 72 of 857.

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

How renting in Lake Park has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent46.1% (±5.8 points)53.5% (±8.5 points)+7.4 percentage pointsNot a measurable change
Median gross rent$1,140 (±$60)$1,600 (±$225)+40.4%No measurable change after inflation
Median household income$61,705 (±$8,381)$70,954 (±$10,471)+15.0%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 Park

Nearest places with a published estimate, compared with Lake Park
PlaceDistanceHouseholds that rentCompared with this place
Lake Park—53.5% (±8.5 points)—
Riviera Beach1.4 mi37.8% (±3.7 points)Lower
North Palm Beach1.5 mi25.5% (±3.7 points)Lower
Palm Beach Shores2.6 mi39.1% (±10.6 points)Lower
Mangonia Park2.9 mi68.2% (±10.1 points)Higher
Juno Ridge3.4 mi58.0% (±22.6 points)Not measurably different
Cabana Colony4.0 mi35.5% (±13.6 points)Lower
Juno Beach5.2 mi31.4% (±10.4 points)Lower
West Palm Beach5.3 mi49.5% (±2.0 points)Not measurably different

Nearby places with a measurably lower figure: Riviera Beach, FL (37.8%), North Palm Beach, FL (25.5%), Palm Beach Shores, FL (39.1%).

Nearby places with a measurably higher figure: Mangonia Park, FL (68.2%).

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

Households that rent across Palm Beach County, place by place

RankPlaceHouseholds that rent
2Westgate63.5% (±8.7 points)
3Limestone Creek61.3% (±26.3 points)
4Juno Ridge58.0% (±22.6 points)
5Belle Glade57.4% (±5.9 points)
6Pine Air56.8% (±14.7 points)
7Lake Worth Beach54.1% (±3.4 points)
8Lake Park53.5% (±8.5 points)
9Palm Springs51.7% (±4.6 points)
10West Palm Beach49.5% (±2.0 points)
11Lantana47.1% (±6.5 points)
12Kenwood Estates42.5% (±21.2 points)
13Plantation Mobile Home Park42.2% (±28.6 points)
14Gun Club Estates41.6% (±38.3 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), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Lake Park

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Questions about Lake Park

How many renters are there in Lake Park?

Lake Park has an estimated 1,599 (±287) renting households, 53.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Park?

In Lake Park, the share of households that rent went from 46.1% in 2015–2019 to 53.5% in 2020–2024 (+7.4 percentage points), not a measurable change.

How big are renting households in Lake Park?

A renting household in Lake Park has 3.2 people on average, against 2.7 in an owned home.

How much do renters earn in Lake Park?

The median renting household in Lake Park, FL has an income of $48,012 (±$8,720) a year, against $87,260 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 Park town, Florida (place:38600, 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.

Figures last updated on .

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