Is Lake Placid, FL growing?

Lake Placid, FL had an estimated 2,477 (±19) residents in 2020–2024, against 1,907 in 2015–2019.

That is a change of +29.9%, not a measurable change.

Its housing went from 1,024 to 1,164 homes (+13.7%), not a measurable change.

0.0% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
2,477 (±19)
Amount of change
+29.9%
Homes change
+13.7%
Built 2020 or later
0.0%

Residents and homes in Lake Placid, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents1,907 (±624)2,477 (±19)+29.9%Not a measurable change
Housing units1,024 (±207)1,164 (±166)+13.7%Not a measurable change
Households that rent46.1% (±11.3 points)42.7% (±10.5 points)−3.4 percentage pointsNot 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

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 Placid against Highlands County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Lake Placid+29.9%Not a measurable change+13.7%
Highlands County+2.2%Measurable increase+5.1%
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 Placid

Housing units by year built, 2020–2024
Year builtLake PlacidHighlands CountyFloridaUnited States
2020 or later0.0% (±4.4 points)1.2%3.2%2.0%
2010 to 201910.1% (±5.7 points)5.1%11.0%9.4%
2000 to 200913.1% (±6.2 points)15.7%18.1%13.6%

10.1% of the homes in Lake Placid were built in 2010 or later.

The median age of residents is 39.5 years.

Growth in places near Lake Placid

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Lake Placid—2,477+29.9%Not a measurable change
Sebring13 mi11,382+9.7%Measurable increase
Avon Park22 mi10,057−3.9%Measurable decrease
Zolfo Springs29 mi2,158+14.1%Not a measurable change
Arcadia30 mi7,707−4.5%Measurable decrease
Southeast Arcadia31 mi7,555−8.7%Not a measurable change
Wauchula32 mi4,927+2.6%Measurable increase
Frostproof32 mi3,346+4.9%Measurable increase
Okeechobee34 mi5,479−4.3%Measurable decrease

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 Placid

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Lake Placid beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Lake Placid, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Lake Placid, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Lake Placid

Is Lake Placid growing?

Lake Placid, FL had an estimated 2,477 residents in 2020–2024 and 1,907 in 2015–2019, a change of +29.9%: not a measurable change by the Census Bureau’s test.

How many homes have been added in Lake Placid?

The estimated number of housing units went from 1,024 in 2015–2019 to 1,164 in 2020–2024 (+13.7%), not a measurable change.

How much new construction is there in Lake Placid?

0.0% of homes in Lake Placid were built in 2020 or later and 10.1% between 2010 and 2019.

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) 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, 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.

Request a Census API 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