Carrollwood vs Lake Magdalene

A side-by-side comparison of Carrollwood and Lake Magdalene: population, income, housing, and more.

Carrollwood and Lake Magdalene are places in Florida. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Carrollwood has the higher population (35,645 vs 31,733 in Lake Magdalene). Carrollwood has the higher median household income ($76,723 vs $75,606 in Lake Magdalene). Carrollwood has the higher median home value ($366,200 vs $335,800 in Lake Magdalene).

Population, income & housing

	Carrollwood	Lake Magdalene
Population	35,645	31,733
Median age	40.6 yrs	41.1 yrs
Median household income	$76,723	$75,606
Median home value	$366,200	$335,800
Median gross rent	$1,512	$1,342
Housing units	14,952	13,702
Homeownership rate	69.0%	71.8%
Bachelor's degree or higher	44.1%	40.0%
Unemployment rate	5.3%	3.0%

Trends (ACS 5-year, 2019–2023)

	Carrollwood	Lake Magdalene
Population	35,686 → 35,645 (-0.1%)	30,805 → 31,733 (+3.0%)
Median household income	$68,422 → $76,723 (+12.1%)	$63,270 → $75,606 (+19.5%)
Median home value	$246,000 → $366,200 (+48.9%)	$231,000 → $335,800 (+45.4%)
Median gross rent	$1,184 → $1,512 (+27.7%)	$1,027 → $1,342 (+30.7%)

Carrollwood

Population

35,68635,645

Median household income

$68,422$76,723

Median home value

$246,000$366,200

Median gross rent

$1,184$1,512

Lake Magdalene

Population

30,80531,733

Median household income

$63,270$75,606

Median home value

$231,000$335,800

Median gross rent

$1,027$1,342

Age & race/ethnicity

Age distribution (share)

	Carrollwood	Lake Magdalene
Under 5	8.7%	7.0%
5 to 17	12.6%	13.4%
18 to 24	6.2%	6.1%
25 to 34	14.3%	15.1%
35 to 44	12.4%	12.6%
45 to 54	14.6%	10.7%
55 to 64	12.7%	14.9%
65 to 74	10.6%	12.3%
75 and over	7.9%	8.0%

Race & ethnicity (share)

	Carrollwood	Lake Magdalene
White (non-Hispanic)	54.2%	56.7%
Black or African American	5.8%	6.8%
American Indian & Alaska Native	0.5%	0.0%
Asian	2.3%	3.1%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.6%	0.3%
Two or more races	2.9%	3.0%
Hispanic or Latino	33.6%	30.1%

Educational attainment (age 25+)

Share of adults 25+

	Carrollwood	Lake Magdalene
No high school diploma	8.1%	5.9%
High school graduate	21.4%	26.3%
Some college or associate's	26.4%	27.9%
Bachelor's degree	29.1%	25.3%
Graduate or professional degree	15.0%	14.7%

Commute to work

How workers get to work (share)

	Carrollwood	Lake Magdalene
Drove alone	69.4%	74.5%
Carpooled	7.0%	6.8%
Public transit	0.9%	0.7%
Walked	1.4%	0.5%
Bicycle	0.0%	0.2%
Worked from home	20.0%	16.3%
Other means	1.5%	1.1%

Housing

Units in structure (share)

	Carrollwood	Lake Magdalene
1-unit, detached	60.4%	61.3%
1-unit, attached	13.0%	8.9%
2 to 4 units	4.9%	5.9%
5 to 19 units	12.7%	12.1%
20 or more units	8.0%	5.7%
Mobile home & other	1.0%	6.1%

Poverty & households

	Carrollwood	Lake Magdalene
Poverty rate	7.3%	11.6%
Average household size	2.50	2.40
Mean commute (minutes)	27	28
Median year structure built	1984	1982