Lake Belvedere Estates, FL

Census Place

2024 Population

2,672

US Senator

Rick Scott

Republican Party

US Senator

Ashley Moody

Republican Party

2024 Median Age

28.3

2.75% 1-year decrease

2024 Poverty Rate

13.7%

63.3% 1-year increase

2024 Median Household Income

$76,036

0.117% 1-year decline

2024 Median Property Value

Population & Diversity

Lake Belvedere Estates, FL is home to a population of 2.67k people, from which 73.6% are citizens.

As of 2024, 43.6% of Lake Belvedere Estates, FL residents were born outside of the country (1.17k people).

In 2024, there were 3.49 times more Black or African American (Non-Hispanic) residents (1.56k people) in Lake Belvedere Estates, FL than any other race or ethnicity. There were 446 White (Non-Hispanic) and 188 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

73.6%

2024 Citizenship

75.8%

2023 Citizenship

As of 2024, 73.6% of Lake Belvedere Estates, FL residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Lake Belvedere Estates, FL was 75.8%, meaning that the rate of citizenship has been decreasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake Belvedere Estates, FL

Black or African American (Non-Hispanic)
1.56k ± 694
White (Non-Hispanic)
446 ± 207
Two Races Including Other (Hispanic)
188 ± 161

18.5%

Hispanic Population

493 people

18.5% of the people in Lake Belvedere Estates, FL are hispanic (493 people).

The following chart shows the 8 races represented in Lake Belvedere Estates, 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

43.6%

2024 Foreign-Born Population

1.17k people

40.7%

2023 Foreign-Born Population

1.03k people

As of 2024, 43.6% of Lake Belvedere Estates, FL residents (1.17k 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 Belvedere Estates, FL was 40.7%, meaning that the rate has been increasing.

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

Military

Veterans

Most Common Service Period

Gulf War (1990s)
13 ± 25
Gulf War (2001-)
9 ± 25

Lake Belvedere Estates, FL has a large population of military personnel who served in Gulf War (1990s), 1.44 times greater than any other conflict.

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

Economy

The economy of Lake Belvedere Estates, FL employs 1.31k people. In 2024, the largest industries in Lake Belvedere Estates, FL were Health Care & Social Assistance (335 people), Accommodation & Food Services (262 people), and Administrative & Support & Waste Management Services (140 people), and the highest paying industries were Finance & Insurance, & Real Estate & Rental & Leasing ($79,444), Public Administration ($78,031), and Professional, Scientific, & Technical Services ($60,278).

Employment

Occupations

1.31k

2024 Value

± 277

5.91%

1 Year growth

± 27.5%

From 2023 to 2024, employment in Lake Belvedere Estates, FL grew at a rate of 5.91%, from 1.24k employees to 1.31k employees.

The most common job groups, by number of people living in Lake Belvedere Estates, FL, are Healthcare Support Occupations (232 people), Office & Administrative Support Occupations (209 people), and Sales & Related Occupations (128 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Belvedere Estates, 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

1.31k

2024 Value

± 277

5.91%

1 Year growth

± 27.5%

From 2023 to 2024, employment in Lake Belvedere Estates, FL grew at a rate of 5.91%, from 1.24k employees to 1.31k employees.

The most common employment sectors for those who live in Lake Belvedere Estates, FL, are Health Care & Social Assistance (335 people), Accommodation & Food Services (262 people), and Administrative & Support & Waste Management Services (140 people). This chart shows the share breakdown of the primary industries for residents of Lake Belvedere Estates, FL, though some of these residents may live in Lake Belvedere Estates, FL and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$27,049

Median earning men ± $13,179

$33,309

Median earning women ± $6,885

The industries with the best median earnings for men in 2024 are Construction ($48,036), Retail Trade ($35,893), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($29,000).

The industries with the best median earnings for women in 2024 are Public Administration ($78,469), Educational Services, & Health Care & Social Assistance ($38,642), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($31,500).

Housing & Living

The median property value in Lake Belvedere Estates, FL was $382,300 in 2024, which is 1.15 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $378,700 to $382,300, a 0.951% increase. The homeownership rate in Lake Belvedere Estates, FL is 87.8%, which is higher than the national average of 65.2%.

People in Lake Belvedere Estates, FL have an average commute time of 23.5 minutes, and they drove alone to work. Car ownership in Lake Belvedere Estates, FL is higher than the national average, with an average of 4 cars per household.

Housing

Property

$382,300

Median Property Value 2024

±$40,750

$545

Median Property Taxes

±$146

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 Belvedere Estates, FL the largest share of households pay taxes in the $3k+ range.

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

Rent vs Own

87.8%

Homeownership

2024

69.7%

Homeowners with Mortgage

2024

In 2024, 87.8% of the housing units in Lake Belvedere Estates, FL were occupied by their owner. This percentage declined from the previous year's rate of 93.6%.

This chart shows the percentage of owner in Lake Belvedere Estates, 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.

$76,036

Median Household Income

± $28,325

621

Number of Households

± 169

In 2024, the median household income of the 621 households in Lake Belvedere Estates, FL declined from $76,036 from the previous year's value of $76,125.

The following chart displays the households in Lake Belvedere Estates, 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 Belvedere Estates, 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 (71.7%)
Carpooled (13.6%)
Worked At Home (8.22%)

In 2024, 71.7% of workers in Lake Belvedere Estates, FL drove alone to work, followed by those who carpooled to work (13.6%) and those who worked at home (8.22%).

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

23.5 minutes

Average Travel Time

Using averages, employees in Lake Belvedere Estates, FL have a shorter commute time (23.5 minutes) than the normal US worker (26.4 minutes). Additionally, 1.1% of the workforce in Lake Belvedere Estates, FL have "super commutes" in excess of 90 minutes.

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

Car Ownership

4 cars

Average Number

The following chart displays the households in Lake Belvedere Estates, FL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake Belvedere Estates, FL have 4 cars.

Poverty

Poverty & Diversity

13.7% of the population for whom poverty status is determined in Lake Belvedere Estates, FL (367 out of 2.67k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 55 - 64, followed by Males 55 - 64 and then Males 16 - 17.

The most common racial or ethnic group living below the poverty line in Lake Belvedere Estates, FL is Black, 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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