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) 35%
Population Density (ppl / mile) 1,810.00
Household Size (ppl) 2.536
Households w/ Children 26%

Housing Stability

Annual Residential Turnover 13%
5+ Years in Residency 37%
Median Year in Residency 3.48

Housing Inventory

Lake Mary, FL Housing Inventory 528 1,664 4,824 4,824 528 1,664 4,824

Market Overview

187 listings with an estimated median price of $390,000

Price Count
$0 - 100K 3
$100K - 200K 23
$200K - 300K 23
$300K - 400K 48
$400K - 500K 22
$500K - 600K 16
$600K - 700K 15
$700K - 800K 12
$800K - 900K 7
$900K - 1M 4
$1M - Max 14
Property Type Count
Single Family 110
Townhouse 30
Condo 16
Commercial 10
Rental 55
Lots and Land 21

(Data as of 1/24/2020)

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: 16,597

Households:6,488

Median Age: 43.77

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 2,017 2,684 1,258 469 418 1,675 3,070 2,017 2,684 469 418 1,675

Employment and Finance

Workforce

Lake Mary, FL Workforce

Income by dollar range (Median Income: $76,659)

Lake Mary, FL Income by dollar range 187 137 200 193 197 202 362 202 266 434 794 999 763 555 728 107 148 14

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
$748
One Bedroom
$835
Two Bedroom
$1,003
Three Bedroom
$1,332
Four Bedroom
$1,608

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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