How many renters in Lake Placid, FL pay more than 30% of their income on rent?

Name: Rent burden in Lake Placid, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

67.7% (±25.4 points) of renting households in Lake Placid, FL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

51.8% spend 35% or more.

The median renting household spends 41.3% of its income on rent.

Figures last updated on November 12, 2026.

Paying 30% or more: 67.7% (±25.4 points)
Paying 35% or more: 51.8% (±20.6 points)
Median share of income: 41.3% (±18.0 points)

Rent as a share of income in Lake Placid

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	Lake Placid	Highlands County	Florida	United States
Less than 15%	1.6% (±2.5 points)	13.5%	8.1%	12.6%
15% to 19.9%	3.4% (±4.1 points)	8.6%	9.3%	12.2%
20% to 24.9%	5.5% (±5.8 points)	11.4%	11.3%	12.6%
25% to 29.9%	21.9% (±19.9 points)	10.9%	11.3%	11.5%
30% to 34.9%	15.9% (±14.8 points)	13.2%	9.8%	9.2%
35% or more	51.8% (±20.6 points)	42.4%	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 Placid against Highlands County, its state and the nation

Estimate (90% margin of error)
	Lake Placid	Highlands County	Florida	United States
Paying 30% or more	67.7% (±25.4 points)	55.6% (±5.9 points)	60.0% (±0.4 points)	51.1%
Paying 35% or more	51.8% (±20.6 points)	42.4% (±4.4 points)	50.2% (±0.4 points)	41.9%
Median share of income	41.3% (±18.0 points)	32.1% (±1.7 points)	35.2% (±0.3 points)	30.6%
Median renter household income	$33,393 (±$23,242)	$35,573 (±$3,555)	$53,617 (±$353)	$52,966
Median gross rent	$1,046 (±$200)	$1,035 (±$52)	$1,669 (±$5)	$1,413

In Lake Placid, the share of renters paying 30% or more of income is not measurably different from Highlands County (55.6%).

It is not measurably different from Florida (60.0%).

It is not measurably different from the national figure (51.1%).

In Highlands County, Lake Placid ranks 2 of 3 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 209 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 Placid

Nearest places with a published estimate, compared with Lake Placid
Place	Distance	Renters paying 30% or more of income	Compared with this place
Lake Placid	—	67.7% (±25.4 points)	—
Sebring	13 mi	64.6% (±9.9 points)	Not measurably different
Avon Park	22 mi	67.9% (±17.0 points)	Not measurably different
Zolfo Springs	29 mi	41.7% (±40.0 points)	Not measurably different
Arcadia	30 mi	50.0% (±13.2 points)	Not measurably different
Southeast Arcadia	31 mi	52.7% (±22.0 points)	Not measurably different
Wauchula	32 mi	60.1% (±20.0 points)	Not measurably different
Frostproof	32 mi	50.6% (±27.1 points)	Not measurably different
Okeechobee	34 mi	43.0% (±19.1 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 Highlands County, place by place

Rank	Place	Renters paying 30% or more of income
1	Avon Park	67.9% (±17.0 points)
2	Lake Placid	67.7% (±25.4 points)
3	Sebring	64.6% (±9.9 points)

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 Placid

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).

What share of income do renters in Lake Placid spend on rent?

The median renting household in Lake Placid, FL spends 41.3% (±18.0 points) of its household income on gross rent.

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 Placid town, Florida (place:38625, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API 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.