Lake Mary, FL Overview

The rapid growth in neighboring Heathrow has also driven growth within the Lake Mary area.  New businesses as well as new residents have discovered the advantages of this desirable community, including the United States Postal Service.  Lake Mary was chosen as the site for a major mail-sorting center.  Located just 10 miles north or Orlando, Lake Mary is one of the Seminole County's most recently incorporated cities.  Once known for its citrus groves, the area grew into a bedroom community for Orlando when the Disney empire pushed northward.  Today, Lake Mary is characterized as an upscale residential city that boasts its own vibrant employment center, encompassing hundreds of thousands of square feet of office, retail, and industrial space.  Residential enclaves are equally abundant, including some lovely country club and golf villages like Timacuan and Wembley Park.  With so many lakes dotting the area, water sports are popular with many residents.  However, the possibilities for outdoor activity and recreation are virtually endless.  Fishing, biking, hiking, camping, tennis, golf, and league sports are just a few of the choices for leisure hours.

Summary

Population Growth (since 2000) 39%
Population Density (ppl / mile) 1,871.00
Household Size (ppl) 2.53
Households w/ Children 24%

Housing Stability

Annual Residential Turnover 0%
5+ Years in Residency 37%
Median Year in Residency 3.48

Housing Inventory

Lake Mary, FL Housing Inventory 662 1,734 4,971 4,971 662 4,971

Market Overview

207 listings with an estimated median price of $475,000

Price Count
$100K - 200K 15
$200K - 300K 28
$300K - 400K 22
$400K - 500K 61
$500K - 600K 20
$600K - 700K 11
$700K - 800K 10
$800K - 900K 9
$900K - 1M 8
$1M - Max 23
Property Type Count
Single Family 108
Townhouse 39
Condo 38
Commercial 7
Rental 42
Lots and Land 12
Multi Family 1
Mobile Home 2

(Data as of 4/26/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Lake Mary, FL Population Demographics

Total: 17,156

Households:6,705

Median Age: 44.84

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Lake Mary, FL Temperature

Weather Risk

Lake Mary, FL Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Lake Mary, FL Education Climate Index

Highest Education Level Attained

Lake Mary, FL Highest Education Level Attained 2,105 2,510 1,151 566 308 1,740 3,778 2,105 2,510 566 308 1,740

Employment and Finance

Workforce

Lake Mary, FL Workforce

Income by dollar range (Median Income: $87,200)

Lake Mary, FL Income by dollar range 168 170 192 140 194 198 209 230 220 559 535 1,032 791 761 893 232 99 82

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$766
One Bedroom
$837
Two Bedroom
$1,002
Three Bedroom
$1,333
Four Bedroom
$1,604

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
No

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Lake Mary, FL Crime

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