Lake Alfred, FL

Census Place

2024 Population

7,277

US Senator

Rick Scott

Republican Party

US Senator

Ashley Moody

Republican Party

2024 Median Age

33.8

11.1% 1-year decrease

2024 Poverty Rate

9.37%

5.11% 1-year increase

2024 Median Household Income

$67,202

2.4% 1-year decline

2024 Median Property Value

$239,900

Population & Diversity

Lake Alfred, FL is home to a population of 7.28k people, from which 91% are citizens.

As of 2024, 15.2% of Lake Alfred, FL residents were born outside of the country (1.11k people).

In 2024, there were 2.29 times more White (Non-Hispanic) residents (3.67k people) in Lake Alfred, FL than any other race or ethnicity. There were 1.6k Other (Hispanic) and 852 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

91%

2024 Citizenship

92.2%

2023 Citizenship

As of 2024, 91% of Lake Alfred, FL residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Lake Alfred, FL was 92.2%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Lake Alfred, FL compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake Alfred, FL

White (Non-Hispanic)
3.67k ± 767
Other (Hispanic)
1.6k ± 784
Black or African American (Non-Hispanic)
852 ± 576

30.3%

Hispanic Population

2.21k people

30.3% of the people in Lake Alfred, FL are hispanic (2.21k people).

The following chart shows the 8 races represented in Lake Alfred, FL as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Florida.

Most Common Origin

Cuba
1,051,839 ± 24,582 people
Haiti
364,479 ± 14,701 people
Colombia
327,463 ± 13,946 people

In 2024, the most common birthplace for the foreign-born residents of Florida was Cuba, the natal country of 1,051,839 Florida residents, followed by Haiti with 364,479 and Colombia with 327,463.

Foreign-Born Population

15.2%

2024 Foreign-Born Population

1.11k people

15.3%

2023 Foreign-Born Population

1.04k people

As of 2024, 15.2% of Lake Alfred, FL residents (1.11k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Lake Alfred, FL was 15.3%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Lake Alfred, FL compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (1990s)
73 ± 63
Gulf War (2001-)
57 ± 69
Vietnam
57 ± 61

Lake Alfred, FL has a large population of military personnel who served in Gulf War (1990s), 1.28 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Lake Alfred, FL.

Economy

The economy of Lake Alfred, FL employs 3.55k people. In 2024, the largest industries in Lake Alfred, FL were Retail Trade (542 people), Construction (471 people), and Health Care & Social Assistance (394 people), and the highest paying industries were Manufacturing ($122,302), Transportation & Warehousing ($102,694), and Transportation & Warehousing, & Utilities ($102,694).

Employment

Occupations

3.55k

2024 Value

± 677

4.41%

1 Year growth

± 26%

From 2023 to 2024, employment in Lake Alfred, FL grew at a rate of 4.41%, from 3.4k employees to 3.55k employees.

The most common job groups, by number of people living in Lake Alfred, FL, are Sales & Related Occupations (515 people), Management Occupations (476 people), and Construction & Extraction Occupations (419 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Alfred, FL.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Florida.

This chart shows weekly unemployment insurance claims in Florida (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

3.55k

2024 Value

± 677

4.41%

1 Year growth

± 26%

From 2023 to 2024, employment in Lake Alfred, FL grew at a rate of 4.41%, from 3.4k employees to 3.55k employees.

The most common employment sectors for those who live in Lake Alfred, FL, are Retail Trade (542 people), Construction (471 people), and Health Care & Social Assistance (394 people). This chart shows the share breakdown of the primary industries for residents of Lake Alfred, FL, though some of these residents may live in Lake Alfred, FL and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$53,151

Median earning men ± $18,605

$36,035

Median earning women ± $7,594

The industries with the best median earnings for men in 2024 are Manufacturing ($123,071), Public Administration ($77,917), and Finance & Insurance, & Real Estate & Rental & Leasing ($61,382).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($79,063), Educational Services, & Health Care & Social Assistance ($53,906), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($41,571).

Housing & Living

The median property value in Lake Alfred, FL was $239,900 in 2024, which is 0.721 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $226,800 to $239,900, a 5.78% increase. The homeownership rate in Lake Alfred, FL is 70.1%, which is higher than the national average of 65.2%.

People in Lake Alfred, FL have an average commute time of 31.9 minutes, and they drove alone to work. Car ownership in Lake Alfred, FL is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$239,900

Median Property Value 2024

±$18,819

$1,806

Median Property Taxes

±$386

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lake Alfred, FL the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Lake Alfred, FL compared to it's parent and neighbor geographies.

Rent vs Own

70.1%

Homeownership

2024

65.5%

Homeowners with Mortgage

2024

In 2024, 70.1% of the housing units in Lake Alfred, FL were occupied by their owner. This percentage declined from the previous year's rate of 75.4%.

This chart shows the percentage of owner in Lake Alfred, FL compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$67,202

Median Household Income

± $19,104

2.58k

Number of Households

± 501

In 2024, the median household income of the 2.58k households in Lake Alfred, FL declined from $67,202 from the previous year's value of $68,854.

The following chart displays the households in Lake Alfred, FL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $150k - $200k range.

Wage Distribution

The closest comparable wage GINI for Lake Alfred, FL is from Florida.

0.471

2024 Wage GINI in Florida

0.473

2023 Wage GINI in Florida

In 2024, the income inequality in Florida was 0.471 according to the GINI calculation of the wage distribution. Income inequality had a 0.383% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Florida was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Florida in comparison to the national average.

This chart shows the number of workers in Florida across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (68%)
Worked At Home (12.9%)
Carpooled (11.4%)

In 2024, 68% of workers in Lake Alfred, FL drove alone to work, followed by those who worked at home (12.9%) and those who carpooled to work (11.4%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

31.9 minutes

Average Travel Time

Using averages, employees in Lake Alfred, FL have a longer commute time (31.9 minutes) than the normal US worker (26.4 minutes). Additionally, 3.06% of the workforce in Lake Alfred, FL have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lake Alfred, FL compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Lake Alfred, FL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake Alfred, FL have 2 cars.

Poverty

Poverty & Diversity

9.37% of the population for whom poverty status is determined in Lake Alfred, FL (675 out of 7.2k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Females < 5 and then Males 35 - 44.

The most common racial or ethnic group living below the poverty line in Lake Alfred, FL is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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