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Lake Alfred city, Florida Demographics & Population 2026

As of 2026, Lake Alfred city, Florida has a total population of 6,803, the 417th largest city in Florida, with a median household income of $68,854, which is 4% lower than the state average. The poverty rate is 8.9%.

Lake Alfred city Quick Facts

Population 6,803
Median Household Income $68,854
Median Home Value $226,800
Poverty Rate 8.9%
Unemployment Rate 3.9%
Median Age 38.0 years
Homeownership Rate 75.4%
Affordability Ratio 3.3x
Bachelor's Degree or Higher 25.0%
High School Graduation Rate 90.3%
Diversity Index 65/100
Population 6,803 417th of 953
Median Income $68,854 average
Poverty Rate 8.9% 28% lower national
Median Home Value $226,800 below average

How Lake Alfred city Compares

Economy & Housing

Employment

3.9% Unemployment Rate State: 4.8% | National: 5.2%
66.5% Labor Force Participation

Housing Overview

Owner 75.4%
Renter 24.6%
Affordability Index Affordable
3.3x home value to income ratio

People & Demographics

Diversity Index

65out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 64 | National average: 60

Education

Lake Alfred city Rankings in Florida

#417 Population of 953
#451 Median Income of 953
#529 Education of 953
#633 Home Value of 953

Cities Similar to Lake Alfred city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ormond-by-the-Sea CDP6,962$67,389$350,90036.0%10.4%
South Patrick Shores CDP6,726$86,048$410,80044.8%3.5%
Vero Lake Estates CDP6,262$63,487$293,50019.4%15.6%
Treasure Island city6,568$82,340$573,50051.0%4.8%
Loughman CDP7,535$64,926$289,60027.1%8.2%

Population Overview

Lake Alfred city is a small city located in Florida. The total population is 6,803. It ranks as the 417th most populous out of 953 cities and towns in Florida.

Age Demographics

The median age in Lake Alfred city is 38.0 years. This is 11% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Lake Alfred city is $68,854. This is 4% lower than the state median of $71,711. Compared to the national median of $78,538, household income here is 12% lower. The poverty rate stands at 8.9%. This is 29% lower than the state poverty rate of 12.6%. The unemployment rate is 3.9%. This is 19% lower than the state rate of 4.8%. The median home value is $226,800. Housing costs are 30% lower than the state median of $325,000. The home-value-to-income ratio is 3.3x. 75.4% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Lake Alfred city is White (non-Hispanic), making up 48.5% of the population. Hispanic or Latino residents account for 30.0%. The Asian population is significantly higher than the state average (8.9% vs 2.8%).

Education

25.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 25% lower than the state rate of 33.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.3%.

Data Sources & Methodology

All demographic data for Lake Alfred city, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 953 Census-designated places in Florida. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Lake Alfred city, Florida?

Lake Alfred city, Florida has a population of 6,803 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake Alfred city, FL?

The median household income in Lake Alfred city is $68,854, which is 12% lower the national median of $78,538.

What is the poverty rate in Lake Alfred city, FL?

The poverty rate in Lake Alfred city is 8.9%. This means approximately 600 residents live below the federal poverty line.

What is the racial makeup of Lake Alfred city, Florida?

Lake Alfred city's population is 48.5% White, 11.9% Black, 30.0% Hispanic/Latino, and 8.9% Asian.

What is the median home value in Lake Alfred city, FL?

The median home value in Lake Alfred city is $226,800. The home-value-to-income ratio is 3.3x.

How educated is Lake Alfred city, Florida?

25.0% of adults (25+) in Lake Alfred city hold a bachelor's degree or higher, and 9.8% hold a graduate or professional degree.