- Alturas
- Auburndale
- Babson Park
- Bartow
- Bradley
- Davenport
- Dundee
- Eagle Lake
- Eaton Park
- Fort Meade
- Frostproof
- Haines City
- Highland City
- Homeland
- Indian Lake Estates
- Kathleen
- Kissimmee
- Lake Alfred
- Lake Hamilton
- Lake Wales
- Lakeland
- Lakeshore
- Loughman
- Mulberry
- Nalcrest
- Nichols
- Polk City
- River Ranch
- Waverly
- Winter Haven
Lakeland, Florida
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:
Lakeland is located in Polk County. It has a population of approximately 97,422 people. The population increased 2.6% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 2.3% for Polk County and a 1.7% increase for the country as a whole. Lakeland occupies 65.27 of the 1797.84 square miles in Polk County. It had a population density of 1492.6 persons per square mile in 2010. This compared to 334.9 for the county, 350.6 for Florida and 87.4 for the country.
17.2% ( 48,218) of the 281,004 housing units in Polk County are in Lakeland (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Lakeland has a 56.8% homeownership rate compared to Polk County's 71.7% homeownership rate and Florida's rate of 69.0%.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
Florida | 18,801,310 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
Polk County | 602,095 | $27,540 | 2.3% | $44,398 | 281,004 | $133,200 |
Lakeland | 97,422 | $13,860 | 2.6% | $40,650 | 48,218 | $136,300 |
Lakeland's medium household income in 2011 was $40,650. Polk County's medium household income was $44,398, which is lower than the medium income for Florida as a whole: $47,827. 15.8% of the population in Lakeland lives below the poverty line, compared to 14.7% in Florida, 16.4% of the population in Polk County and 14.3% nationwide. Additional Information:
Lakeland Economic Activity
The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Lakeland. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $13,860 million, Lakeland's economic activity represents 50.33% of Polk County's $27,540MM in economic activity. Polk County represents 4.37% of the Florida economy.
Activity | Value (Millions) | Percentage |
---|---|---|
Manufacturers shipments | $1,002 | 7.2% |
Merchant wholesaler sales | $10,347 | 74.7% |
Retail sales | $2,250 | 16.2% |
Accommodation and food services sales | $261 | 1.9% |
Total | $13,860 | 100% |
Polk County Regional Comparisons
City | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Auburndale | 13,507 | $1,355 | 3.0% | $42,099 | 5,670 | $140,800 |
Bartow | 17,298 | $1,676 | 2.1% | $46,034 | 7,130 | $126,600 |
Fort Meade | 5,626 | $97 | 1.6% | $41,124 | 2,453 | $87,000 |
Haines City | 20,535 | $333 | 2.2% | $36,261 | 9,076 | $100,200 |
Kathleen | 6,332 | $0 | X | $47,022 | 2,397 | $128,200 |
Lake Alfred | 5,015 | $0 | 2.1% | $32,397 | 2,169 | $118,300 |
Lake Wales | 14,225 | $713 | 3.3% | $36,049 | 6,900 | $139,400 |
Lakeland | 97,422 | $13,860 | 2.6% | $40,650 | 48,218 | $136,300 |
Winter Haven | 33,874 | $1,222 | 3.3% | $36,895 | 17,037 | $125,000 |
Polk County is located in the Tampa Bay Region. This region is responsible for 22.6% of Florida's economic activity. Polk County represents 19.3% of the region's economy.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Citrus County | 141,236 | $1,515 | -1.3% | $38,189 | 78,423 | $134,800 |
Hernando County | 172,778 | $2,311 | 0.4% | $42,700 | 84,887 | $145,000 |
Pasco County | 464,697 | $6,731 | 1.2% | $44,103 | 231,008 | $145,100 |
Hillsborough County | 1,229,226 | $48,928 | 3.9% | $50,195 | 540,190 | $185,900 |
Pinellas County | 916,542 | $37,192 | 0.5% | $45,891 | 504,146 | $172,900 |
Polk County | 602,095 | $27,540 | 2.3% | $44,398 | 281,004 | $133,200 |
Manatee County | 322,833 | $9,029 | 3.4% | $48,181 | 173,660 | $195,300 |
Sarasota County | 379,448 | $9,371 | 1.8% | $49,212 | 229,346 | $213,400 |
Total | 4,318,438 | $142,617 | 1.5% | $45,359 | 2,122,664 | $165,700 |
Lakeland Real Estate
There are 81,628 properties in Lakeland. The following table shows a summary of them based on 2014 sales data.
Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
---|---|---|---|---|---|---|---|
Agricultural | 1,035 | 1.27 | 7 | $261,000 | $84 | January 1st, 2014 | April 1st, 2014 |
Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Government Property | 273 | 0.33 | 9 | $54,900 | $42 | January 1st, 2014 | August 1st, 2014 |
Health Care | 28 | 0.03 | 0 | n/a | n/a | n/a | n/a |
Hotel & Motel | 46 | 0.06 | 1 | $925,000 | $68 | August 1st, 2014 | August 1st, 2014 |
Industrial | 971 | 1.19 | 25 | $170,000 | $33 | February 1st, 2014 | August 1st, 2014 |
Miscellaneous Property | 78 | 0.10 | 0 | n/a | n/a | n/a | n/a |
Mobile/Manufactured | 9,206 | 11.28 | 358 | $35,000 | $29 | January 1st, 2014 | September 1st, 2014 |
Multifamily | 3,078 | 3.77 | 108 | $71,215 | $34 | January 1st, 2014 | August 1st, 2014 |
Office | 971 | 1.19 | 22 | $460,000 | $83 | January 1st, 2014 | August 1st, 2014 |
Residential | 62,462 | 76.52 | 2,697 | $109,000 | $52 | January 1st, 2014 | August 1st, 2014 |
Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Retail | 1,875 | 2.30 | 53 | $360,000 | $77 | January 1st, 2014 | August 1st, 2014 |
Senior Housing | 1,021 | 1.25 | 3 | $2,817,500 | $50 | May 1st, 2014 | May 1st, 2014 |
Special Purpose | 507 | 0.62 | 4 | $124,950 | $58 | January 1st, 2014 | July 1st, 2014 |
Sports & Entertaining | 77 | 0.09 | 1 | $250,000 | $24 | January 1st, 2014 | January 1st, 2014 |
Agricultural Real Estate in Lakeland, Florida
1,035( 1.27%) of the properties in Lakeland are classified as Agricultural. 7 of them sold between January 1st, 2014 and April 1st, 2014. The total value of these sales was $2,249,400. The median sales price was $261,000. In 2014 the median sales price for Agricultural in Lakeland was $84 per sq ft.
Commercial Real Estate in Lakeland, Florida
0( .00%) of the properties in Lakeland are classified as Commercial.
Government Real Estate in Lakeland, Florida
273( .33%) of the properties in Lakeland are classified as Government. 9 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $513,100. The median sales price was $54,900. In 2014 the median sales price for Government Property in Lakeland was $42 per sq ft.
Health Care Real Estate in Lakeland, Florida
28( .03%) of the properties in Lakeland are classified as Health Care.
Hotel & Motel Real Estate in Lakeland, Florida
46( .06%) of the properties in Lakeland are classified as Hotel & Motel. 1 of them sold between August 1st, 2014 and August 1st, 2014. The total value of these sales was $925,000. The median sales price was $925,000. In 2014 the median sales price for Hotel & Motel in Lakeland was $68 per sq ft.
Industrial Real Estate in Lakeland, Florida
971( 1.19%) of the properties in Lakeland are classified as Industrial. 25 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $8,557,743. The median sales price was $170,000. In 2014 the median sales price for A Class Industrial in Lakeland was $69 per sq ft, B Class properties sold for $33/ft and C Class $3/ft.
Miscellaneous Real Estate in Lakeland, Florida
78( .10%) of the properties in Lakeland are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Lakeland, Florida
9,206( 11.28%) of the properties in Lakeland are classified as Mobile/Manufactured. 358 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $15,424,843. The median sales price was $35,000. In 2014 the median sales price for A Class Mobile/Manufactured in Lakeland was $56 per sq ft, B Class properties sold for $29/ft and C Class $12/ft.
Multifamily Real Estate in Lakeland, Florida
3,078( 3.77%) of the properties in Lakeland are classified as Multifamily. 108 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $59,683,429. The median sales price was $71,215. In 2014 the median sales price for A Class Multifamily in Lakeland was $81 per sq ft, B Class properties sold for $34/ft and C Class $11/ft.
Office Real Estate in Lakeland, Florida
971( 1.19%) of the properties in Lakeland are classified as Office. 22 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $9,038,700. The median sales price was $460,000. In 2014 the median sales price for A Class Office in Lakeland was $129 per sq ft, B Class properties sold for $83/ft and C Class $31/ft.
Residential Real Estate in Lakeland, Florida
62,462( 76.52%) of the properties in Lakeland are classified as Residential. 2,697 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $326,624,893. The median sales price was $109,000. In 2014 the median sales price for A Class Residential in Lakeland was $75 per sq ft, B Class properties sold for $52/ft and C Class $24/ft.
Residential Real Estate in Lakeland, Florida
0( .00%) of the properties in Lakeland are classified as Residential.
Retail Real Estate in Lakeland, Florida
1,875( 2.30%) of the properties in Lakeland are classified as Retail. 53 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $36,505,100. The median sales price was $360,000. In 2014 the median sales price for A Class Retail in Lakeland was $221 per sq ft, B Class properties sold for $77/ft and C Class $13/ft.
Senior Housing Real Estate in Lakeland, Florida
1,021( 1.25%) of the properties in Lakeland are classified as Senior Housing. 3 of them sold between May 1st, 2014 and May 1st, 2014. The total value of these sales was $23,527,500. The median sales price was $2,817,500. In 2014 the median sales price for Senior Housing in Lakeland was $50 per sq ft.
Special Purpose Real Estate in Lakeland, Florida
507( .62%) of the properties in Lakeland are classified as Special Purpose. 4 of them sold between January 1st, 2014 and July 1st, 2014. The total value of these sales was $539,900. The median sales price was $124,950. In 2014 the median sales price for Special Purpose in Lakeland was $58 per sq ft.
Sports & Entertaining Real Estate in Lakeland, Florida
77( .09%) of the properties in Lakeland are classified as Sports & Entertaining. 1 of them sold between January 1st, 2014 and January 1st, 2014. The total value of these sales was $250,000. The median sales price was $250,000. In 2014 the median sales price for Sports & Entertaining in Lakeland was $24 per sq ft.
Lakeland, Polk County Market Data
Property Usage | Property Count | Total Sq Ft |
---|---|---|
Agricultural | 931 | 1,776,653 |
Government Property | 212 | 3,455,846 |
Health Care | 28 | 253,774 |
Hotel & Motel | 45 | 1,789,633 |
Industrial | 922 | 29,268,349 |
Land | 8,089 | 6,802,504 |
Miscellaneous Property | 74 | 236,180 |
Mobile/Manufactured | 9,105 | 10,978,752 |
Multifamily | 2,374 | 15,227,111 |
Office | 907 | 6,231,701 |
Residential | 61,243 | 141,088,866 |
Retail | 1,752 | 15,532,663 |
Senior Housing | 634 | 1,643,465 |
Special Purpose | 315 | 2,626,772 |
Sports & Entertaining | 71 | 654,069 |
Lakeland Median Property Values per Sq Ft
Property Class | Class A | Class B | Class C | ||||
---|---|---|---|---|---|---|---|
Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
Auto sales, auto repair and storage or auto service shop | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
Bowling alley, skating rink, pool hall or enclosed arena | 2016 | $58 | $37 | $53 | $17 | $43 | $7 |
Cannery, fruit and vegetable, bottler or brewers, distillery or winery | 2016 | $58 | $17 | $53 | $10 | $43 | $5 |
Centrally assessed | 2016 | $58 | $42 | $53 | $15 | $43 | $6 |
Church | 2016 | $58 | $24 | $53 | $12 | $43 | $7 |
Club, lodge or union hall | 2016 | $58 | $24 | $53 | $12 | $43 | $7 |
College | 2016 | $58 | $30 | $53 | $15 | $43 | $7 |
Community Shopping Center | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
Condominium | 2016 | $58 | $16 | $53 | $16 | $43 | $16 |
Cooperative | 2016 | $58 | $16 | $53 | $16 | $43 | $16 |
County Owned | 2016 | $58 | $30 | $53 | $15 | $43 | $7 |
Cropland soil capability Class I | 2016 | $58 | $27 | $53 | $15 | $43 | $9 |
Cultural organization, facility | 2016 | $58 | $24 | $53 | $12 | $43 | $7 |
Dairies, feed lots | 2016 | $58 | $27 | $53 | $15 | $43 | $9 |
Department Store | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
Drive-in Restaurant | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
Drive-in theater or open stadium | 2016 | $58 | $37 | $53 | $17 | $43 | $7 |
Enclosed theater or auditorium | 2016 | $58 | $37 | $53 | $17 | $43 | $7 |
Federal Owned | 2016 | $58 | $30 | $53 | $15 | $43 | $7 |
Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
Florist or greenhouse | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
Forest, park or recreational area | 2016 | $58 | $30 | $53 | $15 | $43 | $7 |
Golf course or driving range | 2016 | $58 | $37 | $53 | $17 | $43 | $7 |
Grazing land soil capability Class I | 2016 | $58 | $27 | $53 | $15 | $43 | $9 |
Heavy industrial | 2016 | $58 | $17 | $53 | $10 | $43 | $5 |
Home for the aged | 2016 | $58 | $15 | $53 | $10 | $43 | $9 |
Hospital | 2016 | $58 | $30 | $53 | $15 | $43 | $7 |
Hotel or motel | 2016 | $58 | $33 | $53 | $33 | $43 | $33 |
Insurance company office | 2016 | $58 | $30 | $53 | $18 | $43 | $11 |
Light manufacturing | 2016 | $58 | $17 | $53 | $10 | $43 | $5 |
Lumber yard, sawmill or planing mill | 2016 | $58 | $17 | $53 | $10 | $43 | $5 |
Mixed use - store and office or store and residential or residential combination | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
Mobile Home | 2016 | $58 | $6 | $53 | $6 | $43 | $6 |
Mortuary, cemetery or crematorium | 2016 | $58 | $24 | $53 | $12 | $43 | $7 |
Multi-family - 10 units or more | 2016 | $58 | $22 | $53 | $13 | $43 | $7 |
Multi-family - less than 10 units | 2016 | $58 | $22 | $53 | $13 | $43 | $7 |
Municipal Owned | 2016 | $58 | $30 | $53 | $15 | $43 | $7 |
Nightclub, cocktail lounge or bar | 2016 | $58 | $37 | $53 | $17 | $43 | $7 |
Office building, non-professional service building, multi-story | 2016 | $58 | $30 | $53 | $18 | $43 | $11 |
Office building, non-professional service building, one story | 2016 | $58 | $30 | $53 | $18 | $43 | $11 |
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $58 | $17 | $53 | $10 | $43 | $5 |
Orchard Groves, Citrus, etc. | 2016 | $58 | $27 | $53 | $15 | $43 | $9 |
Ornamentals, miscellaneous agricultural | 2016 | $58 | $27 | $53 | $15 | $43 | $9 |
Orphanage, other non-profit or charitable services | 2016 | $58 | $24 | $53 | $12 | $43 | $7 |
Packing plant (fruit and vegetable or meat packing) | 2016 | $58 | $17 | $53 | $10 | $43 | $5 |
Poultry, bees, tropical fish, rabbits, etc. | 2016 | $58 | $27 | $53 | $15 | $43 | $9 |
Private school or college | 2016 | $58 | $24 | $53 | $12 | $43 | $7 |
Privately owned hospital | 2016 | $58 | $25 | $53 | $17 | $43 | $11 |
Professional service building | 2016 | $58 | $30 | $53 | $18 | $43 | $11 |
Public county school | 2016 | $58 | $30 | $53 | $15 | $43 | $7 |
Race track: horse, auto or dog | 2016 | $58 | $37 | $53 | $17 | $43 | $7 |
Regional Shopping Center | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
Repair service shop (excluding automotive) | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
Restaurant, cafeteria | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
Retirement Home not eligible for exemption. | 2016 | $58 | $15 | $53 | $10 | $43 | $9 |
Sanitarium or convalescent rest home | 2016 | $58 | $25 | $53 | $17 | $43 | $11 |
Service station | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
Single Family | 2016 | $101 | $16 | $74 | $16 | $58 | $16 |
State Owned | 2016 | $58 | $30 | $53 | $15 | $43 | $7 |
Store, one story | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
Supermarket | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
Timberland - site index 90 and above | 2016 | $58 | $27 | $53 | $15 | $43 | $9 |
Tourist attraction, permanent exhibit or other entertainment facilities | 2016 | $58 | $37 | $53 | $17 | $43 | $7 |
Utility | 2016 | $58 | $42 | $53 | $15 | $43 | $6 |
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $58 | $17 | $53 | $10 | $43 | $5 |
Wholesale outlet, produce house or manufacturing outlet | 2016 | $58 | $32 | $53 | $16 | $43 | $8 |
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