Lakewood Ranch

Population: 39,434
Median household income: $123,471
Median home value: $626,500

Lakewood Ranch, a community in Manatee County, Florida, has 39,434 residents. At $123,471, its median household income sits above Manatee County's $75,792.

Between 2020 and 2023, Lakewood Ranch's population grew 48.7% from 26,513 to 39,434, while its median home value rose 37.2% from $456,600 to $626,500.

Households average 2.57 people. The median gross rent is $2,213.

Demographics

ACS 2019–2023

Population: 39,434
Median age: 52.5 yrs
Median household income: $123,471
Median home value: $626,500
Median gross rent: $2,213
Housing units: 18,365
Homeownership rate: 81.8%
Bachelor's degree or higher: 59.1%
Unemployment rate: 3.2%

Trends

ACS 5-year · 2019–2023

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

Year	Population	Median household income	Median home value	Median gross rent
2020	26,513	$111,645	$456,600	$1,856
2021	29,408	$110,026	$474,600	$1,899
2022	34,346	$114,511	$568,600	$1,994
2023	39,434	$123,471	$626,500	$2,213

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

Age distribution

Under 54.2%

5 to 1713.3%

18 to 247.3%

25 to 345.9%

35 to 4411.5%

45 to 5411.2%

55 to 6415.1%

65 to 7419.0%

75 and over12.3%

	Count	Share
Under 5	1,674	4.2%
5 to 17	5,239	13.3%
18 to 24	2,882	7.3%
25 to 34	2,339	5.9%
35 to 44	4,527	11.5%
45 to 54	4,434	11.2%
55 to 64	5,969	15.1%
65 to 74	7,502	19.0%
75 and over	4,868	12.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	32,150	81.5%
Black or African American	885	2.2%
American Indian & Alaska Native	117	0.3%
Asian	1,174	3.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	49	0.1%
Two or more races	1,818	4.6%
Hispanic or Latino (any race)	3,241	8.2%

Educational attainment (age 25+)

No high school diploma1.9%

High school graduate12.5%

Some college or associate's26.5%

Bachelor's degree31.9%

Graduate or professional degree27.2%

	Count	Share
No high school diploma	574	1.9%
High school graduate	3,699	12.5%
Some college or associate's	7,852	26.5%
Bachelor's degree	9,450	31.9%
Graduate or professional degree	8,064	27.2%

Commute to work

Mean travel time to work: 27 min

Drove alone60.4%

Carpooled5.9%

Public transit0.0%

Walked1.4%

Bicycle0.2%

Worked from home30.7%

Other means1.4%

How workers get to work

	Count	Share
Drove alone	9,758	60.4%
Carpooled	959	5.9%
Public transit	0	0.0%
Walked	219	1.4%
Bicycle	37	0.2%
Worked from home	4,957	30.7%
Other means	222	1.4%

Travel time

	Count	Share
Under 15 min	2,240	20.0%
15 to 29 min	3,981	35.6%
30 to 44 min	3,049	27.2%
45 to 59 min	1,130	10.1%
60+ min	795	7.1%

Households

Average household size: 2.57
Poverty rate: 7.7% (3,018 of 39,196)

	Count	Share
Family households	11,759	77.1%
Nonfamily households	3,496	22.9%

Housing

Median year structure built: 2012

Occupancy

	Count	Share
Occupied	15,255	83.1%
Vacant	3,110	16.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	12,474	81.8%
Renter-occupied	2,781	18.2%

1-unit, detached71.3%

1-unit, attached7.3%

2 to 4 units2.3%

5 to 19 units9.7%

20 or more units8.9%

Mobile home & other0.4%

Units in structure

	Count	Share
1-unit, detached	13,092	71.3%
1-unit, attached	1,347	7.3%
2 to 4 units	426	2.3%
5 to 19 units	1,787	9.7%
20 or more units	1,643	8.9%
Mobile home & other	70	0.4%

Geography

Place GEOID: 1239067
Type (LSAD): 57
Land area: 46 sq mi
Water area: 0.97 sq mi
Center point: 27.4235, -82.3867