Lake Alfred, Florida Demographics & Population 2026
During the 2020–2024 ACS period, Lake Alfred, Florida had a total population of 7,277, the 404th largest city in Florida, with a median household income of $67,202, which is 10% lower than the state average. The poverty rate is 9.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Lake Alfred Quick Facts
How Lake Alfred Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 6,803 | 7,277 | +7.0% |
| Median household income | $68,854 | $67,202 | -2.4% |
| Median home value | $226,800 | $239,900 | +5.8% |
How Lake Alfred Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Lake Alfred Rankings in Florida
Explore Florida Rankings
Other Cities in Polk County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Lakeland | 119,961 | $64,185 | 13.2% | $249,400 |
| Poinciana | 75,068 | $68,015 | 14.9% | $290,700 |
| Winter Haven | 55,200 | $59,648 | 16.4% | $269,800 |
| Haines City | 34,234 | $65,975 | 16.1% | $288,900 |
| Bartow | 20,438 | $68,178 | 18.1% | $234,100 |
| Auburndale | 18,530 | $77,911 | 9.6% | $296,200 |
| Lake Wales | 16,785 | $56,347 | 22.4% | $239,300 |
| Highland City | 13,276 | $90,947 | 5.9% | $347,100 |
| Davenport | 13,238 | $73,685 | 14.1% | $333,300 |
| Lakeland Highlands | 12,102 | $108,263 | 2.7% | $385,000 |
Cities Similar to Lake Alfred
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Willow Oak | 7,454 | $65,688 | $276,300 | 13.4% | 24.7% |
| Loughman | 7,591 | $66,273 | $336,000 | 22.1% | 10.3% |
| South Apopka | 7,300 | $61,151 | $280,500 | 18.7% | 28.1% |
| West Miami | 7,162 | $61,274 | $488,800 | 40.0% | 12.9% |
| Broadview Park | 7,119 | $73,786 | $365,000 | 18.2% | 18.8% |
Population Overview
Lake Alfred is a small city located in Florida, within Polk County. The total population is 7,277. It ranks as the 404th most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Lake Alfred is 33.8 years. This is 21% lower than the state median of 42.6 years.
Economy, Income & Housing
The median household income in Lake Alfred is $67,202. This is 10% lower than the state median of $74,568. It is also 17% lower than the national median of $80,734. The poverty rate stands at 9.4%. This is 25% lower than the state poverty rate of 12.6%. The unemployment rate is 6.5%. This is 35% higher than the state rate of 4.8%. The median home value is $239,900. Housing costs are 33% lower than the state median of $359,000. The home-value-to-income ratio is 3.6x. 70.1% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 67.6%.
Race & Ethnicity
The largest racial or ethnic group in Lake Alfred is White (non-Hispanic), making up 50.4% of the population. Hispanic or Latino residents account for 30.3%. The Asian population is significantly higher than the state average (5.1% vs 2.9%).
Education
24.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.5%.
Data Sources & Methodology
All demographic data for Lake Alfred, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Lake Alfred, Florida?
Lake Alfred, Florida has a population of 7,277 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Alfred, FL?
The median household income in Lake Alfred is $67,202, which is 17% lower than the national median of $80,734.
What is the poverty rate in Lake Alfred, FL?
The poverty rate in Lake Alfred is 9.4%. This means approximately 675 residents live below the federal poverty line.
What is the racial makeup of Lake Alfred, Florida?
Lake Alfred's population is 50.4% White, 11.7% Black, 30.3% Hispanic/Latino, and 5.1% Asian.
What is the median home value in Lake Alfred, FL?
The median home value in Lake Alfred is $239,900. The home-value-to-income ratio is 3.6x.
How educated is Lake Alfred, Florida?
24.4% of adults (25+) in Lake Alfred hold a bachelor's degree or higher, and 7.2% hold a graduate or professional degree.