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Lake Magdalene, FL&

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Population
28,560
-1.4% decline
Median Age
43.6
Median Household Income
$50,157
-5.2% decline
Poverty Rate
14%
Number of Employees
14,117
-2.4% decline
Median Property Value
$174,600
2.22% growth

Economy

The economy of Lake Magdalene, FL employs 14,117 people. The economy of Lake Magdalene, FL is specialized in Management of Companies & Enterprises; Finance & Insurance; and Other services, except public administration, which employ respectively 3; 1.92; and 1.41 times more people than what would be expected in a location of this size. The largest industries in Lake Magdalene, FL are Healthcare & Social Assistance (1,911), Retail trade (1,456), and Finance & Insurance (1,297), and the highest paying industries are Utilities ($66,607), Transportation & Warehousing ($55,000), and Professional, Scientific, Tech Services ($52,240).

Median household income in Lake Magdalene, FL is $50,157. Males in Lake Magdalene, FL have an average income that is 1.37 times higher than the average income of females, which is $44,446. The income inequality of Lake Magdalene, FL (measured using the Gini index) is 0.475 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 Magdalene, FL. In Hillsborough County, FL the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 83 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $11,443. Duval County, FL has the highest prevalence of homicides of any county in Florida.

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Showing data across all counties in Florida.

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Diversity

Lake Magdalene, FL is home to a population of 28,560 people, from which 94.7% are citizens. The ethnic composition of the population of Lake Magdalene, FL is composed of 17,920 White residents (62.7%), 6,999 Hispanic residents (24.5%), 2,162 Black residents (7.57%), 826 Asian residents (2.89%), and 392 Two+ residents (1.37%). The most common foreign languages in Lake Magdalene, FL are Spanish (5,151 speakers), Vietnamese (311 speakers), and Arabic (163 speakers), but compared to other places, Lake Magdalene, FL has a relative high number of Hebrew (104 speakers), Gujarati (104 speakers), and Other Indo-European (123 speakers).

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Education

In 2015 universities in Hillsborough County (North Central) PUMA, FL awarded 621 degrees. The student population of Hillsborough County (North Central) PUMA, FL is skewed towards females, with 308 male students and 313 female students. Most students in Hillsborough County (North Central) PUMA, FL are White (212 and 34.1%), followed by Hispanic or Latino (194 and 31.2%), Black or African American (154 and 24.8%), and Unknown (26 and 4.19%). The largest universities in Hillsborough County (North Central) PUMA, FL by number of graduates are Everest University-Tampa (320 and 51.5%), Fred D. Learey Technical Center (109 and 17.6%), and Shear Excellence Hair Academy (90 and 14.5%). The most popular majors in Hillsborough County (North Central) PUMA, FL are General Cosmetology (87 and 14%), HVAC & Refrigeration Engineering Technology (79 and 12.7%), and Electrician (61 and 9.8%). The median tuition costs in Hillsborough County (North Central) PUMA, FL are N/A for private four year colleges, and $11,972 and $11,972 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 Magdalene, FL is $174,600, which is 0.9 times smaller than the national average of $194,500. Between 2014 and 2015 the median property value increased from $170,800 to $174,600, a 2.22% increase. The homeownership rate of Lake Magdalene, FL is 67.8%, which is higher than the national average of 63.9%. People in Lake Magdalene, FL have an average commute time of 27.4 minutes, and they commute by Drove Alone. Car ownership in Lake Magdalene, FL is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
Florida
state
Hillsborough County, FL
county
Tampa-St. Petersburg-Clearwater, FL Metro Area
metropolitan statistical area
Hillsborough County (North Central) PUMA, FL
public use microdata area
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