Highlands County Real Estate - Lake Placid

Lake Placid is in South Central Florida. It's population as recorded in the 2010 Census was 2,223. Lake Placid is approximately 49 miles from Lehigh Acres (population 86,784) and around 50 miles from Port Charlotte (population 54,392).

The median age for residents of Lake Placid is 34.4. Around 33.7% of Lake Placid households include school aged children and 38.4% of households include individuals aged 65 years or over. Census records indicate 69.5% of the Lake Placid population are White, 7.1% are Black or African American, .4% American Indian, 1.1% Asian and 2.6% are Two or more Races. Lake Placid has a significant Hispanic population. 46% (1,024) of Lake Placid residents are of Hispanic or Latino origin. Of these 84.66% are of Mexican origin, 5.56% Puerto Rican, 2.53% Cuban and 7.22% are of other Hispanic or Latino origin.

There are 1,040 housing units in Lake Placid. 199 (19.1%) of these were reported as vacant in the 2010 Census. There are 571 residential rental units in Lake Placid. 472 of them were occupied in 2010 providing a residential rental vacancy rate of 16.3%.

Lake Placid links:

Highlands County

Highlands County is located in the south central Florida region, along with Desoto, Hendry, Glades, Okeechobee, and Hardee counties. The largest industries providing employment are education & health services, natural resources & mining, trade & transportation, and government. Major private sector employers for Highlands County are Florida Hospital Heartland Division, Highlands Regional Medical Center, Cross Country Automotive Services, Wal-Mart Sebring, and Medical Data Systems. Top public sector employers are Highlands County School Board and Highlands County Board of Commissioners. Incorporated cities and towns include Avon Park, Lake Placid, and Sebring (county seat)

Neighboring Properties

AddressTypeSq FtClass 
1805 Lake Clay Dr Vacant Residential 0 L
1813 Lake Clay Dr Single Family 2,588 B
1810 Citadel St Single Family 2,414 B
1808 Citadel St Vacant Residential 0 L
1806 Citadel St Single Family 2,247 B
1806 Lake Clay Dr Single Family 1,718 B
1804 Lake Clay Dr Single Family 1,494 B
1808 Lake Clay Dr Vacant Residential 0 L
1803 Lake Clay Dr Single Family 1,694 B
1804 Citadel St Single Family 1,569 B
1802 Lake Clay Dr Single Family 1,683 B
1810 Lake Clay Dr Single Family 1,655 B
1819 Citadel St Vacant Residential 0 L
1817 Citadel St Single Family 2,011 B
1821 Citadel St Single Family 1,734 B
1501 Central Ave Single Family 2,424 B
1802 Citadel St Single Family 1,848 B
1815 Citadel St Vacant Residential 0 L
1800 Lake Clay Dr Single Family 1,614 B
1813 Citadel St Single Family 2,739 B
1811 Citadel St Single Family 2,133 B
1823 Citadel St Vacant Residential 0 L
1812 Lake Clay Dr Single Family 3,936 B
1809 Citadel St Single Family 1,873 B
1503 Central Ave Single Family 1,134 B
1740 Lake Clay Dr Forest, park or recreational area 0 L
1807 Citadel St Single Family 1,493 B

Local Household Income

The median household income in this part of Florida is $44,029. The bottom 10% of the population earn less than $15,516 per year. The top 10% earn more than $109,632 per year. The top 1% earn more than $372,033 per year. Most renters earn between $21,636 (20th percentile) and $39,204 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $88,058 and $110,073.

The tax assessed value of this property places it in percentile 83 of all properties in this area. This suggests it would appeal to someone earning around $87,115 per year who should qualify for a mortgage between $174,230 and $217,788.

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 $727. Most renters earn between $1,803 and $3,267 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $494 (20th percentile) to $1,009 (80th percentile) range. The residential vacancy rate is 11%.

This property falls in percentile 83 of all properties in this area. This corresponds to a rent of $1,045 per month and a monthly household income of $3,393 ($40,716 per year)

Disclaimers and Disclosures

Public Records Data

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