What is the median household income in Lakewood Ranch, FL?
The median household income in Lakewood Ranch, FL is $122,925 (±$7,055) a year (2020–2024 American Community Survey).
Paying the median gross rent of $2,299 a month would take about $92,000 a year at the common guideline of spending no more than 30% of income on rent.
Figures last updated on .
- Median household income
- $122,925 (±$7,055)
- Median renter income
- $71,360 (±$9,794)
- Income to afford median rent
- about $92,000
Income in Lakewood Ranch against Manatee County, its state and the nation
| Lakewood Ranch | Manatee County | Florida | United States | |
|---|---|---|---|---|
| Median household income | $122,925 (±$7,055) | $78,457 (±$1,393) | $74,568 (±$284) | $80,734 |
| Median renter household income | $71,360 (±$9,794) | $54,830 (±$2,063) | $53,617 (±$353) | $52,966 |
| Median owner household income | $133,455 (±$11,381) | $89,556 (±$2,723) | $88,144 (±$469) | $100,009 |
| Median gross rent | $2,299 (±$114) | $1,671 (±$34) | $1,669 (±$5) | $1,413 |
In Lakewood Ranch, median household income is higher than in Manatee County ($78,457).
It is also higher than in Florida ($74,568).
It is higher than the national figure ($80,734).
In Manatee County, Lakewood Ranch ranks 2 of 16 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 69 of 846.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Lakewood Ranch
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $2,299 a month ($27,588 a year) needs an income of about $92,000 a year.
The median renting household in Lakewood Ranch earns $71,360 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Median household income in places near Lakewood Ranch
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Lakewood Ranch | — | $122,925 (±$7,055) | — |
| The Meadows | 6.8 mi | $69,774 (±$11,025) | Lower |
| Desoto Lakes | 7.5 mi | $76,417 (±$11,182) | Lower |
| Fruitville | 7.7 mi | $82,246 (±$12,626) | Lower |
| Kensington Park | 8.1 mi | $90,000 (±$19,059) | Lower |
| Lake Sarasota | 9.3 mi | $92,429 (±$16,129) | Lower |
| North Sarasota | 9.5 mi | $85,179 (±$30,360) | Lower |
| Sarasota Springs | 9.6 mi | $95,688 (±$10,236) | Lower |
| Old Miakka | 9.8 mi | $136,510 (±$12,132) | Not measurably different |
Nearby places with a measurably lower figure: The Meadows, FL ($69,774), Desoto Lakes, FL ($76,417), Fruitville, FL ($82,246).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Manatee County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Longboat Key | $158,030 (±$10,332) |
| 2 | Lakewood Ranch | $122,925 (±$7,055) |
| 3 | West Bradenton | $116,272 (±$14,298) |
| 4 | Anna Maria | $103,703 (±$6,237) |
| 5 | Whitfield | $98,348 (±$21,662) |
| 6 | Holmes Beach | $88,333 (±$45,081) |
| 7 | Cortez | $79,895 (±$11,086) |
| 8 | Memphis | $74,839 (±$12,493) |
Showing 8 of 16 places in Manatee County, ranked from highest to lowest.
Lakewood Ranch is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
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 Lakewood Ranch
What is the median household income in Lakewood Ranch?
The median household income in Lakewood Ranch is $122,925 (±$7,055) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Lakewood Ranch?
About $92,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,299 a month.
What do renters earn in Lakewood Ranch?
The median renting household in Lakewood Ranch, FL earns $71,360 (±$9,794) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lakewood Ranch CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lakewood Ranch CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakewood Ranch CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lakewood Ranch CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lakewood Ranch CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lakewood Ranch CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Lakewood Ranch CDP, Florida (place:39067, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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
- Housing in Lakewood Ranch at a glance
- Median rent in Lakewood Ranch
- Rent by bedrooms in Lakewood Ranch
- Rent burden in Lakewood Ranch
- Renters and owners in Lakewood Ranch
- Home values in Lakewood Ranch
- Homeowner costs in Lakewood Ranch
- Property taxes in Lakewood Ranch
- Types of homes in Lakewood Ranch
- Bedrooms in Lakewood Ranch
- Vacancy rate in Lakewood Ranch
- Heating fuel in Lakewood Ranch
- Commute and cars in Lakewood Ranch
- How long people stay in Lakewood Ranch
- Crowding and facilities in Lakewood Ranch
- Fair Market Rent in Lakewood Ranch
- Florida landlord and tenant rules
- Housing across Manatee County
- Florida places ranked by median household income
- Housing data for every place in Florida