Polk County Real Estate - Lakeland

Lakeland is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 97,422.

The median age for residents of Lakeland is 39.8. Around 26.6% of Lakeland households include school aged children and 34.7% of households include individuals aged 65 years or over. Census records indicate 70.8% of the Lakeland population are White, 20.8% are Black or African American, .3% American Indian, 1.8% Asian and 2.6% are Two or more Races.

There are 48,218 housing units in Lakeland. 7,460 (15.4%) of these were reported as vacant in the 2010 Census. Lakeland is a tourist destination, 28.5% (2,128) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 20,696 residential rental units in Lakeland. 17,679 of them were occupied in 2010 providing a residential rental vacancy rate of 14.1%.

Lakeland links:

Polk County

Polk County is part of the Tampa Bay region of Florida along with Citrus, Hernando, Pasco, Pinellas, Hillsborough, Manatee, and Sarasota counties. It is located inland, to the east of Hillsborough County and Tampa. The county is the geographic center of Florida?s population. Polk County is between the two large metropolitan areas of Tampa and Orlando, which accounts for its rapid population growth rate. Despite the positive growth, unemployment rates are historically lower in Polk County than anywhere else in the state. It has a population in excess of 600,000 and 17 incorporated municipalities.

Polk County's economy revolves around the industries of phosphate mining, agriculture, and tourism. Major private sector employers are Publix Supermarkets, Wal-Mart, Lakeland Regional Medical Center, Winter Haven Hospital, and GEICO. The largest public sector employers are Polk County School Board, Polk County Government, Florida State Government, and City of Lakeland. Though the economy depends less on tourism than in other parts of the state, the building of LEGOLAND Florida in Winter Haven has increased tourism and boosted the economy.

Of all Florida counties, Polk has the 2nd most farmland in the state. Like other areas in the central part of the state, Polk has numerous citrus groves.

A mining and railroad town, Lakeland has steadily grown since its 1885 incorporation. Home to around 100,000 people, Lakeland is the headquarters for Saddle Creek Logistics and Fortune 500 supermarket chain Publix. Lakeland also hosts Florida Polytechnic University, Southeastern University, Florida Southern College, and campuses of Polk State College and Webster University.

Neighboring Properties

AddressTypeSq FtClass 
1522 West Ln Vacant Institutional Property 0 L
1606 West Ln Vacant Institutional Property 0 L
1516 West Ln Municipal Owned 0 L
1610 West Ln Single Family 0 L
1601 West Ln Vacant Institutional Property 0 L
1605 West Ln Municipal Owned 0 L
1529 West Ln Vacant Residential 0 L
1510 West Ln Vacant Commercial 0 L
1614 West Ln Vacant Commercial 0 L
N Florida Ave Vacant Commercial 0 L
1609 West Ln Vacant Institutional Property 0 L
1511 West Ln Vacant Institutional Property 0 L
1613 West Ln Vacant Commercial 0 L
1506 West Ln Vacant Commercial 0 L
1618 West Ln Vacant Commercial 0 L
1528 Morrell Dr Vacant Commercial 0 L
1524 Morrell Dr Vacant Commercial 0 L
1604 Morrell Dr Single Family 0 L
1617 West Ln Vacant Commercial 0 L
208 West Ln Vacant Institutional Property 0 L
1522 Morrell Dr Vacant Commercial 0 L
1606 Morrell Dr Municipal Owned 0 L
1622 West Ln Municipal Owned 0 L
1502 West Ln Vacant Commercial 0 L
1514 Morrell Dr Municipal Owned 0 L
1610 Morrell Dr Municipal Owned 0 L
212 West Ln Vacant Institutional Property 0 L
1623 W Lane St Vacant Commercial 0 L
1409 N Florida Ave Store, one story 15,114 B
1614 Morrell Dr Single Family 0 L
1624 West Ln Vacant Commercial 0 L
1535 N Florida Ave Auto sales, auto repair and storage or auto service shop 7,231 B
220 West Ln Vacant Commercial 0 L
1631 West Ln Municipal Owned 1,372 B
203 West Ln Vacant Commercial 0 L
1635 West Ln Vacant Commercial 0 L
1529 Morrell Dr Single Family 0 L
1525 Morrell Dr Vacant Commercial 0 L
1601 Morrell Dr Vacant Commercial 0 L
207 West Ln Vacant Commercial 0 L
Morrell Dr Vacant Commercial 0 L
1605 Morrell Dr Municipal Owned 0 L
1515 Morrell Dr Vacant Residential 0 L
211 West Ln Vacant Commercial 0 L
1609 Morrell Dr Single Family 0 L
1626 West Ln Vacant Commercial 0 L

Local Household Income

The median household income in this part of Florida is $52,750. The bottom 10% of the population earn less than $17,423 per year. The top 10% earn more than $122,920 per year. The top 1% earn more than $384,883 per year. Most renters earn between $27,024 (20th percentile) and $47,808 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $105,500 and $131,875.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $858. Most renters earn between $2,252 and $3,984 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $630 (20th percentile) to $1,159 (80th percentile) range. The residential vacancy rate is 8%.

Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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