Lake Alfred

Population: 6,803
Median household income: $68,854
Median home value: $226,800

Lake Alfred, a community in Polk County, Florida, has 6,803 residents. The median household income of $68,854 is above the Polk County median ($63,644).

From 2019 to 2023, Lake Alfred's population grew 17.5% from 5,788 to 6,803, while its median home value rose 58.9% from $142,700 to $226,800.

The typical home was built around 1986. 8.9% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 6,803
Median age: 38.0 yrs
Median household income: $68,854
Median home value: $226,800
Median gross rent: $1,348
Housing units: 3,078
Homeownership rate: 75.4%
Bachelor's degree or higher: 25.0%
Unemployment rate: 3.9%

Trends

ACS 5-year · 2019–2023

Population

5,7886,803

Median household income

$51,563$68,854

Median home value

$142,700$226,800

Median gross rent

$884$1,348

Year	Population	Median household income	Median home value	Median gross rent
2019	5,788	$51,563	$142,700	$884
2020	5,993	$44,714	$135,400	$963
2021	6,196	$48,203	$180,800	$975
2022	6,555	$62,311	$204,000	$1,201
2023	6,803	$68,854	$226,800	$1,348

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

Age distribution

Under 510.6%

5 to 1712.2%

18 to 244.8%

25 to 3418.0%

35 to 4415.4%

45 to 549.6%

55 to 649.6%

65 to 7412.2%

75 and over7.5%

	Count	Share
Under 5	724	10.6%
5 to 17	831	12.2%
18 to 24	329	4.8%
25 to 34	1,225	18.0%
35 to 44	1,050	15.4%
45 to 54	655	9.6%
55 to 64	650	9.6%
65 to 74	831	12.2%
75 and over	508	7.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	3,300	48.5%
Black or African American	812	11.9%
American Indian & Alaska Native	0	0.0%
Asian	607	8.9%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	44	0.6%
Hispanic or Latino (any race)	2,040	30.0%

Educational attainment (age 25+)

No high school diploma9.7%

High school graduate36.9%

Some college or associate's28.5%

Bachelor's degree15.2%

Graduate or professional degree9.8%

	Count	Share
No high school diploma	475	9.7%
High school graduate	1,816	36.9%
Some college or associate's	1,400	28.5%
Bachelor's degree	746	15.2%
Graduate or professional degree	482	9.8%

Commute to work

Mean travel time to work: 28 min

Drove alone75.3%

Carpooled2.6%

Public transit0.0%

Walked0.0%

Bicycle2.9%

Worked from home16.3%

Other means2.9%

How workers get to work

	Count	Share
Drove alone	2,488	75.3%
Carpooled	86	2.6%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	97	2.9%
Worked from home	537	16.3%
Other means	95	2.9%

Travel time

	Count	Share
Under 15 min	635	23.0%
15 to 29 min	1,076	38.9%
30 to 44 min	464	16.8%
45 to 59 min	287	10.4%
60+ min	304	11.0%

Households

Average household size: 2.65
Poverty rate: 8.9% (600 of 6,731)

	Count	Share
Family households	1,685	66.4%
Nonfamily households	853	33.6%

Housing

Median year structure built: 1986

Occupancy

	Count	Share
Occupied	2,538	82.5%
Vacant	540	17.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,914	75.4%
Renter-occupied	624	24.6%

1-unit, detached71.7%

1-unit, attached2.9%

2 to 4 units7.6%

5 to 19 units2.3%

20 or more units1.8%

Mobile home & other13.9%

Units in structure

	Count	Share
1-unit, detached	2,206	71.7%
1-unit, attached	88	2.9%
2 to 4 units	233	7.6%
5 to 19 units	70	2.3%
20 or more units	54	1.8%
Mobile home & other	427	13.9%

Geography

Place GEOID: 1237525
Type (LSAD): 25
Land area: 21 sq mi
Water area: 4.09 sq mi
Center point: 28.1372, -81.7168