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Lake Kerr, Florida Demographics & Population 2026

During the 2020–2024 ACS period, Lake Kerr, Florida had a total population of 1,697, the 707th largest community in Florida, with a median household income of $42,411, which is 43% lower than the state average. The poverty rate is 23.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lake Kerr Quick Facts

Population 1,697
Median Household Income $42,411
Median Home Value $109,800
Poverty Rate 23.3%
Unemployment Rate 20.9%
Median Age 63.6 years
Homeownership Rate 94.9%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 18.4%
High School Graduation Rate 87.9%
Diversity Index 19/100
Population 1,697 707th of 955
Median Income $42,411 bottom 10%
Poverty Rate 23.3% 87% higher than national
Median Home Value $109,800 bottom 10%

How Lake Kerr Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,7671,697-4.0%
Median household income$43,472$42,411-2.4%
Median home value$118,800$109,800-7.6%

How Lake Kerr Compares

Economy & Housing

Household Income Distribution

Under $25K 30.1%
$25K-$50K 32.1%
$50K-$100K 29.2%
$100K+ 8.6%
Detailed income brackets
Under $10K
11.8%
$10K-$15K
5.8%
$15K-$20K
5.9%
$20K-$25K
6.5%
$25K-$30K
2.2%
$30K-$35K
9.6%
$35K-$40K
6.5%
$40K-$45K
6.4%
$45K-$50K
7.3%
$50K-$60K
6.9%
$60K-$75K
10.8%
$75K-$100K
11.4%
$100K-$125K
2.9%
$125K-$150K
2.7%
$150K-$200K
1.1%
$200K+
2.0%

Employment

20.9% Unemployment Rate State: 4.8%|National: 5.2%
31.2% Labor Force Participation

Housing Overview

Owner 94.9%
Renter 5.1%
Affordability Index Very Affordable
2.6x home value to income ratio
Median gross rent $525/mo 14.9% of median household income annually

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 61

Education

Lake Kerr Rankings in Florida

#707 Population of 955
#850 Median Income of 911
#677 Education of 955
#854 Home Value of 901

Other Cities in Marion County

CityPopulationMedian IncomePovertyHome Value
The Villages 83,498 $77,622 4.7% $400,100
Ocala 66,584 $56,376 21.1% $241,400
Silver Springs Shores 28,537 $63,611 14.2% $201,300
Liberty Triangle 24,888 $64,943 8.6% $275,500
Marion Oaks 23,972 $72,392 10.2% $257,700
On Top of the World 16,007 $60,670 7.0% $303,900
Rainbow Springs 6,082 $57,161 9.3% $310,600
Belleview 5,805 $57,813 16.8% $210,200
Rainbow Lakes Estates 3,762 $50,429 11.9% $160,400
Silver Springs 2,712 $32,074 29.8% $30,800

Cities Similar to Lake Kerr

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ocala Estates1,705N/A$152,9005.5%26.4%
Cypress Quarters1,697$38,352$220,00029.1%35.0%
Franklin Park1,688$38,333N/A12.2%45.8%
Sneads1,771$38,889$111,30014.3%21.8%
Chiefland1,909N/A$167,70011.8%25.5%

Population Overview

Lake Kerr is a small community located in Florida, within Marion County. The total population is 1,697. It ranks as the 707th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Lake Kerr is 63.6 years. This is 49% higher than the state median of 42.6 years. Only 11.1% of residents are under 18, indicating fewer families with children. 26.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Lake Kerr is $42,411. This is 43% lower than the state median of $74,568. It is also 47% lower than the national median of $80,734. The poverty rate stands at 23.3%. This is 85% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 20.9%. This is 333% higher than the state rate of 4.8%. The median home value is $109,800. Housing costs are 69% lower than the state median of $359,000. With a home-value-to-income ratio of just 2.6x, Lake Kerr is one of the most affordable housing markets in the area. 94.9% of occupied housing units are owner-occupied. This homeownership rate is 40% higher than the state average of 67.6%.

Race & Ethnicity

Lake Kerr has a predominantly White (non-Hispanic) population, comprising 89.8% of all residents. Hispanic or Latino residents account for 5.0%. The White (non-Hispanic) population is significantly higher than the state average (89.8% vs 50.4%). The Black or African American population (2.3%) is well below the state average of 14.6%. The Hispanic or Latino population (5.0%) is well below the state average of 27.4%.

Education

18.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 46% 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 87.9%.

Data Sources & Methodology

All demographic data for Lake Kerr, 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 Kerr, Florida?

Lake Kerr, Florida has a population of 1,697 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake Kerr, FL?

The median household income in Lake Kerr is $42,411, which is 47% lower than the national median of $80,734.

What is the poverty rate in Lake Kerr, FL?

The poverty rate in Lake Kerr is 23.3%. This means approximately 393 residents live below the federal poverty line.

What is the racial makeup of Lake Kerr, Florida?

Lake Kerr's population is 89.8% White, 2.3% Black, 5.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Lake Kerr, FL?

The median home value in Lake Kerr is $109,800. The home-value-to-income ratio is 2.6x.

How educated is Lake Kerr, Florida?

18.4% of adults (25+) in Lake Kerr hold a bachelor's degree or higher, and 5.1% hold a graduate or professional degree.