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Lake County, FL&

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2.92% growth
Median Age
Median Household Income
0.16% decline
Poverty Rate
Number of Employees
5.07% growth
Median Property Value
5.48% growth

About the photo: Clermont, FL


The economy of Lake County, FL employs 136,073 people. The economy of Lake County, FL is specialized in Arts, Entertainment, Recreation; Construction; and Admin., Support, Waste Management Services, which employ respectively 3.56; 1.67; and 1.42 times more people than what would be expected in a location of this size. The largest industries in Lake County, FL are Retail trade (19,874), Healthcare & Social Assistance (17,337), and Construction (14,230), and the highest paying industries are Utilities ($49,091), Professional, Scientific, Tech Services ($41,614), and Transportation & Warehousing ($39,766).

Median household income in Lake County, FL is $50,226. Males in Lake County, FL have an average income that is 1.34 times higher than the average income of females, which is $43,586. The income inequality of Lake County, FL (measured using the Gini index) is 0.479 which is lower than the national average.


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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Lake County, FL. In Lake County, FL the age groups most likely to have health care coverage are 65-74 and 65-74, men and women, respectively. The location has a 1 to 71 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,617. Duval County, FL has the highest prevalence of homicides of any county in Florida.


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Medicare Enrollment and Reimbursements by Location

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Lake County, FL is home to a population of 335,396 people, from which 96.9% are citizens. The ethnic composition of the population of Lake County, FL is composed of 238,375 White residents (71.1%), 49,462 Hispanic residents (14.7%), 34,009 Black residents (10.1%), 6,385 Asian residents (1.9%), and 5,735 Two+ residents (1.71%). The most common foreign languages in Lake County, FL are Spanish (29,025 speakers), French (1,565 speakers), and French Creole (1,022 speakers), but compared to other places, Lake County, FL has a relative high number of French Creole (1,022 speakers), French (1,565 speakers), and Italian (646 speakers).


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In 2015 universities in Lake County, FL awarded 1,416 degrees. The student population of Lake County, FL is skewed towards females, with 626 male students and 790 female students. Most students in Lake County, FL are White (985 and 69.6%), followed by Hispanic or Latino (159 and 11.2%), Black or African American (143 and 10.1%), and Unknown (54 and 3.81%). The largest universities in Lake County, FL by number of graduates are Lake-Sumter State College (717 and 50.6%), Lake Technical Center (639 and 45.1%), and Beacon College (60 and 4.24%). The most popular majors in Lake County, FL are Liberal Arts & Sciences (540 and 38.1%), Registered Nursing (78 and 5.51%), and General Business Administration & Management (11 and 0.78%). The median tuition costs in Lake County, FL are $36,172 for private four year colleges, and $3,172 and $13,276 respectively, for public four year colleges for in-state students and out-of-state students.



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Housing & Living

The median property value in Lake County, FL is $163,600, which is 0.8 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $155,100 to $163,600, a 5.48% increase. The homeownership rate of Lake County, FL is 73.5%, which is higher than the national average of 63.1%. People in Lake County, FL have an average commute time of 26 minutes, and they commute by Drove Alone. Car ownership in Lake County, FL is approximately the same as the national average, with an average of 2 cars per household.


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