Lakewood Ranch vs Memphis

A side-by-side comparison of Lakewood Ranch and Memphis: population, income, housing, and more.

Lakewood Ranch and Memphis are places in Florida. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lakewood Ranch has the higher population (39,434 vs 10,626 in Memphis). Lakewood Ranch has the higher median household income ($123,471 vs $71,967 in Memphis). Lakewood Ranch has the higher median home value ($626,500 vs $292,200 in Memphis).

Population, income & housing

	Lakewood Ranch	Memphis
Population	39,434	10,626
Median age	52.5 yrs	35.8 yrs
Median household income	$123,471	$71,967
Median home value	$626,500	$292,200
Median gross rent	$2,213	$1,155
Housing units	18,365	4,028
Homeownership rate	81.8%	72.2%
Bachelor's degree or higher	59.1%	20.4%
Unemployment rate	3.2%	7.8%

Trends (ACS 5-year, 2019–2023)

	Lakewood Ranch	Memphis
Population	26,513 → 39,434 (+48.7%)	9,647 → 10,626 (+10.1%)
Median household income	$111,645 → $123,471 (+10.6%)	$48,393 → $71,967 (+48.7%)
Median home value	$456,600 → $626,500 (+37.2%)	$157,000 → $292,200 (+86.1%)
Median gross rent	$1,856 → $2,213 (+19.2%)	$1,032 → $1,155 (+11.9%)

Lakewood Ranch

Population

26,51339,434

Median household income

$111,645$123,471

Median home value

$456,600$626,500

Median gross rent

$1,856$2,213

Memphis

Population

9,64710,626

Median household income

$48,393$71,967

Median home value

$157,000$292,200

Median gross rent

$1,032$1,155

Age & race/ethnicity

Age distribution (share)

	Lakewood Ranch	Memphis
Under 5	4.2%	4.5%
5 to 17	13.3%	22.0%
18 to 24	7.3%	8.0%
25 to 34	5.9%	12.0%
35 to 44	11.5%	19.0%
45 to 54	11.2%	6.9%
55 to 64	15.1%	12.8%
65 to 74	19.0%	8.2%
75 and over	12.3%	6.5%

Race & ethnicity (share)

	Lakewood Ranch	Memphis
White (non-Hispanic)	81.5%	31.4%
Black or African American	2.2%	29.0%
American Indian & Alaska Native	0.3%	0.0%
Asian	3.0%	0.9%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.1%	0.0%
Two or more races	4.6%	3.3%
Hispanic or Latino	8.2%	35.4%

Educational attainment (age 25+)

Share of adults 25+

	Lakewood Ranch	Memphis
No high school diploma	1.9%	11.9%
High school graduate	12.5%	42.5%
Some college or associate's	26.5%	25.2%
Bachelor's degree	31.9%	11.9%
Graduate or professional degree	27.2%	8.5%

Commute to work

How workers get to work (share)

	Lakewood Ranch	Memphis
Drove alone	60.4%	81.0%
Carpooled	5.9%	12.3%
Public transit	0.0%	0.0%
Walked	1.4%	0.8%
Bicycle	0.2%	0.3%
Worked from home	30.7%	4.7%
Other means	1.4%	0.9%

Housing

Units in structure (share)

	Lakewood Ranch	Memphis
1-unit, detached	71.3%	76.3%
1-unit, attached	7.3%	5.8%
2 to 4 units	2.3%	7.9%
5 to 19 units	9.7%	1.3%
20 or more units	8.9%	0.4%
Mobile home & other	0.4%	8.2%

Poverty & households

	Lakewood Ranch	Memphis
Poverty rate	7.7%	23.0%
Average household size	2.57	3.17
Mean commute (minutes)	27	27
Median year structure built	2012	1988