Housing data for Lake Placid, FL
Lake Placid, FL has an estimated 2,477 residents and 1,164 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Highlands County.
42.7% of households rent.
The median gross rent is $1,046 a month.
Figures last updated on .
- Residents
- 2,477 (±19)
- Housing units
- 1,164 (±166)
- Households that rent
- 42.7%
- Median gross rent
- $1,046
- Residents since 2015–2019
- +29.9%
What stands out in Lake Placid
Homes in buildings of 5 or more units: 18.9% (±7.6 points) in Lake Placid, higher than in Highlands County (4.6%).
Households that rent: 42.7% (±10.5 points) in Lake Placid, higher than in Highlands County (21.4%).
Housing in Lake Placid at a glance
- Median rent: $1,046 median gross rent a month
- Rent by bedrooms: $869 median gross rent, 2 bedrooms
- Rent burden: 67.7% of renters pay 30% or more of income
- Renters and owners: 42.7% of households rent
- Income and affordability: $47,018 median household income
- Home values: $261,300 median home value
- Homeowner costs: $1,195 median monthly cost with a mortgage (Small sample: wide margin of error)
- Property taxes: $1,775 median real estate taxes a year
- Types of homes: 18.9% of homes are in buildings of 5 or more units
- Bedrooms: 56.7% of homes have 3 or more bedrooms
- Age of homes: 35.5% of homes were built before 1980
- Vacancy rate: 5.5% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 95.0% heat with electricity
- Commute and cars: 27.3 minutes average trip to work
- Crime reported to police: 77 violent crimes per 100,000 residents
- Growth: +29.9% residents since 2015–2019
- How long people stay: 33.6% moved in since 2020
- Crowding and facilities: 0.7% of homes have more than 1 person per room (Small sample: wide margin of error)
Lake Placid against Highlands County, its state and the nation
| Lake Placid | Highlands County | Florida | United States | |
|---|---|---|---|---|
| Residents | 2,477 (±19) | 105,702 (exact) | 22,416,077 (exact) | 334,922,499 |
| Housing units | 1,164 (±166) | 58,635 (±48) | 10,256,470 (±942) | 143,775,355 |
| Households that rent | 42.7% (±10.5 points) | 21.4% (±1.5 points) | 32.4% (±0.2 points) | 34.8% |
| Median gross rent | $1,046 (±$200) | $1,035 (±$52) | $1,669 (±$5) | $1,413 |
| Median household income | $47,018 (±$11,553) | $54,897 (±$2,416) | $74,568 (±$284) | $80,734 |
| Median home value | $261,300 (±$83,404) | $187,900 (±$8,429) | $359,000 (±$930) | $332,700 |
| Median real estate taxes (a year) | $1,775 (±$669) | $1,353 (±$45) | $2,730 (±$10) | $3,119 |
| Built before 1980 | 35.5% (±11.8 points) | 31.2% (±1.8 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | 27.3 minutes (±8.5) | 23.8 minutes (±1.2) | 28.0 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 85.0% (±7.7 points) | 86.7% (±1.7 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 39.5 years (±7.8) | 54.4 years (±0.2) | 42.6 years (±0.1) | 38.9 years |
Lake Placid covers 4.7 square miles of land, about 528 residents per square mile (Census Bureau Gazetteer).
How Lake Placid has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,907 (±624) | 2,477 (±19) | +29.9% | Not a measurable change |
| Housing units | 1,024 (±207) | 1,164 (±166) | +13.7% | Not a measurable change |
| Median gross rent | $706 (±$86) | $1,046 (±$200) | +48.2% | No measurable change after inflation |
| Median home value | $84,100 (±$32,971) | $261,300 (±$83,404) | +210.7% | Up after inflation |
| Median household income | $35,993 (±$9,762) | $47,018 (±$11,553) | +30.6% | No measurable change after inflation |
| Median owner cost with a mortgage | $892 (±$362) | $1,195 (±$622) | +34.0% | No measurable change after inflation |
| Median real estate taxes | $1,150 (±$913) | $1,775 (±$669) | +54.3% | No measurable change after inflation |
| Households that rent | 46.1% (±11.3 points) | 42.7% (±10.5 points) | −3.4 percentage points | Not a measurable change |
| Rental vacancy rate | 25.7% (±15.7 points) | 5.5% (±6.7 points) | −20.2 percentage points | Measurable decrease |
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.
Crime reported to police in Lake Placid
In 2025, the Lake Placid Police Department reported 77 violent and 1,265 property crimes per 100,000 residents to the FBI.
Across Highlands County, the departments that report recorded 68 violent and 408 property crimes per 100,000 residents that year.
Places near Lake Placid
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Sebring | 13 mi | $1,019 | $191,600 | 48.1% |
| Avon Park | 22 mi | $921 | $144,700 | 41.3% |
| Zolfo Springs | 29 mi | $967 | $115,100 | 29.5% |
| Arcadia | 30 mi | $956 | $177,700 | 50.7% |
| Southeast Arcadia | 31 mi | $939 | $169,200 | 32.3% |
| Wauchula | 32 mi | $1,017 | $191,800 | 56.8% |
| Frostproof | 32 mi | $697 | $150,500 | 28.8% |
| Okeechobee | 34 mi | $1,061 | $197,700 | 44.9% |
Places in Florida most like Lake Placid
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| New Port Richey East | $1,156 | $220,700 | $46,641 | 42.1% |
| Leesburg | $1,258 | $228,600 | $52,880 | 37.4% |
| Lake Wales | $1,110 | $239,300 | $56,347 | 40.8% |
| Port Richey | $1,027 | $293,100 | $51,121 | 36.2% |
| Fort Pierce | $1,217 | $250,800 | $47,072 | 50.5% |
| Winter Haven | $1,246 | $269,800 | $59,648 | 36.3% |
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 Placid, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $877 | $1,022 | $1,259 | $1,500 | $1,905 |
HUD income limits for Lake Placid, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $17,000 | $28,300 | $45,300 |
| 2 people | $21,640 | $32,350 | $51,750 |
| 3 people | $27,320 | $36,400 | $58,200 |
| 4 people | $33,000 | $40,400 | $64,650 |
| 5 people | $38,680 | $43,650 | $69,850 |
| 6 people | $44,360 | $46,900 | $75,000 |
| 7 people | $50,040 | $50,100 | $80,200 |
| 8 people | $53,350 | $53,350 | $85,350 |
These are the limits HUD sets for its housing programs in the Sebring, FL MSA, where HUD’s median family income for fiscal year 2026 is $75,600.
A program can use its own limits; tax-credit and local programs often do.
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 Placid
What is the average rent in Lake Placid, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Placid is $1,046 (±$200) 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 Placid?
The median gross rent for a one-bedroom home in Lake Placid, FL is $1,066 (±$577) a month (2020–2024 American Community Survey).
Are renters in Lake Placid rent-burdened?
67.7% of renting households in Lake Placid 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 Placid?
Lake Placid has an estimated 431 (±109) renting households, 42.7% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Lake Placid?
The median household income in Lake Placid is $47,018 (±$11,553) a year (2020–2024 American Community Survey).
What is the average home value in Lake Placid, FL?
The Census Bureau publishes the median: $261,300 (±$83,404) for owner-occupied homes in Lake Placid (2020–2024 American Community Survey).
Is Lake Placid growing?
In Lake Placid, the number of residents went from 1,907 in 2015–2019 to 2,477 in 2020–2024 (+29.9%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lake Placid town, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Placid town, Florida
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake Placid town, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lake Placid town, Florida
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Lake Placid town, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lake Placid town, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Placid town, Florida
- HUD Fair Market Rents, fiscal year 2027: Sebring, FL MSA
- HUD Income Limits, fiscal year 2026: Sebring, FL MSA
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Lake Placid Police Department (ORI FL0280200)
- FBI: Uniform Crime Reporting statistics and their proper use
- 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 Placid town, Florida (place:38625, 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 .