Lake Placid

Population: 2,438
Median household income: $45,476
Median home value: $253,200

Lake Placid, a community in Highlands County, Florida, has 2,438 residents. The median household income of $45,476 is below the Highlands County median ($55,581).

From 2019 to 2023, Lake Placid's population grew 27.8% from 1,907 to 2,438, while its median home value rose 201.1% from $84,100 to $253,200.

Owners occupy 52.1% of the area's occupied homes. The median resident is 41.1 years old.

Demographics

ACS 2019–2023

Population: 2,438
Median age: 41.1 yrs
Median household income: $45,476
Median home value: $253,200
Median gross rent: $975
Housing units: 1,277
Homeownership rate: 52.1%
Bachelor's degree or higher: 23.6%
Unemployment rate: 7.3%

Trends

ACS 5-year · 2019–2023

Population

1,9072,438

Median household income

$35,993$45,476

Median home value

$84,100$253,200

Median gross rent

$706$975

Year	Population	Median household income	Median home value	Median gross rent
2019	1,907	$35,993	$84,100	$706
2020	2,306	$33,021	$108,000	$722
2021	2,433	$41,610	$152,900	$814
2022	2,349	$45,019	$269,900	$927
2023	2,438	$45,476	$253,200	$975

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.7%

5 to 1718.2%

18 to 246.0%

25 to 3415.5%

35 to 448.6%

45 to 549.5%

55 to 6412.1%

65 to 7413.0%

75 and over13.3%

	Count	Share
Under 5	89	3.7%
5 to 17	444	18.2%
18 to 24	146	6.0%
25 to 34	379	15.5%
35 to 44	209	8.6%
45 to 54	232	9.5%
55 to 64	296	12.1%
65 to 74	318	13.0%
75 and over	325	13.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,007	41.3%
Black or African American	293	12.0%
American Indian & Alaska Native	10	0.4%
Asian	12	0.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	15	0.6%
Two or more races	28	1.1%
Hispanic or Latino (any race)	1,073	44.0%

Educational attainment (age 25+)

No high school diploma23.5%

High school graduate27.7%

Some college or associate's25.2%

Bachelor's degree14.6%

Graduate or professional degree9.0%

	Count	Share
No high school diploma	413	23.5%
High school graduate	487	27.7%
Some college or associate's	444	25.2%
Bachelor's degree	256	14.6%
Graduate or professional degree	159	9.0%

Commute to work

Mean travel time to work: 32 min

Drove alone68.8%

Carpooled12.4%

Public transit0.0%

Walked5.4%

Bicycle0.0%

Worked from home11.2%

Other means2.2%

How workers get to work

	Count	Share
Drove alone	590	68.8%
Carpooled	106	12.4%
Public transit	0	0.0%
Walked	46	5.4%
Bicycle	0	0.0%
Worked from home	96	11.2%
Other means	19	2.2%

Travel time

	Count	Share
Under 15 min	205	26.9%
15 to 29 min	157	20.6%
30 to 44 min	164	21.6%
45 to 59 min	169	22.2%
60+ min	66	8.7%

Households

Average household size: 2.26
Poverty rate: 28.5% (694 of 2,438)

	Count	Share
Family households	595	55.6%
Nonfamily households	475	44.4%

Housing

Median year structure built: 1984

Occupancy

	Count	Share
Occupied	1,070	83.8%
Vacant	207	16.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	558	52.1%
Renter-occupied	512	47.9%

1-unit, detached50.7%

1-unit, attached15.1%

2 to 4 units9.5%

5 to 19 units11.7%

20 or more units10.6%

Mobile home & other2.5%

Units in structure

	Count	Share
1-unit, detached	647	50.7%
1-unit, attached	193	15.1%
2 to 4 units	121	9.5%
5 to 19 units	149	11.7%
20 or more units	135	10.6%
Mobile home & other	32	2.5%

Geography

Place GEOID: 1238625
Type (LSAD): 43
Land area: 4.69 sq mi
Water area: 0.05 sq mi
Center point: 27.3026, -81.3715