What to know when moving to Lakeland, FL
TL;DR: Lakeland at a Glance
- The Vibe:
- A community where 49.8% of residents are renters and the median household income is $49,210.
- The Major Draw:
- Affordable housing with a median gross rent of $1,100 and a median home value of $138,700.
- The Reality Check:
- A poverty rate of 22.8% indicates some economic challenges.
- Commute:
- Only 0.1% use public transit.
- Top Tip:
- Budget for $1,100/month in rent.
The 'Vibe' Check: Who Thrives Here?
Lakeland has a population of 33,460, with a notable 49.8% of residents renting their homes. The community is characterized by a relatively low education level, with only 15.8% holding a bachelor's degree or higher. With a poverty rate of 22.8%, the economic landscape presents some challenges for residents.
Probably not your spot if you are looking for a highly educated population or strong public transit options, as the transit use is just 0.1%.
Your Money: Housing & Cost Snapshot
- With a median gross rent of $1,100, you can find affordable housing options in the area.
- The median home value is $138,700, making it feasible for many to own.
- The poverty rate stands at 22.8%, which reflects some financial challenges in the community.
- Nearly half of the residents, 49.8%, are renters, indicating a balanced housing market.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Schools & Higher Ed
There are 9 higher education institutions in the surrounding area, providing various educational opportunities.
- Florida Polytechnic University
- Florida Southern College
- Southeastern University
- Artistic Nails and Beauty Academy-Lakeland
- Empire Beauty School-Lakeland
- Keiser University-Lakeland
- Traviss Technical College
- Maynard A. Traviss Technical College - Central Florida Aerospace Academy
- NUC University - Florida Technical College - Lakeland
Source: ArcGIS Postsecondary School Locations, NCES, College Scorecard.
Weather & Getting Outside
While specific climate data is unavailable, there are plenty of nearby outdoor spots to enjoy.
- Bonnet Springs Park - 4.9 stars (2,688 reviews)
- Munn Park - 4.5 stars (2,436 reviews)
- Barnett Family Park - 4.7 stars (2,076 reviews)
- Sky Zone Trampoline Park - 4.5 stars (3,129 reviews)
- Florida Children's Museum - 4.6 stars (1,253 reviews)
Source: Google Places API (New).
Jobs & the Local Economy
In Polk County, the unemployment rate is 5.5%, with 341,767 people employed out of a labor force of 361,713.
- Unemployment rate: 5.5% as of December 2025
- Employed: 341,767
- Labor force: 361,713
Source: Bureau of Labor Statistics, Local Area Unemployment Statistics.