Lake Mary city, Florida Demographics & Population 2026
As of 2026, Lake Mary city, Florida has a total population of 16,724, the 237th largest city in Florida, with a median household income of $116,944, which is 63% higher than the state average. The poverty rate is 2.2%.
Key Takeaways
- Household income is 63% above the state average — one of the wealthiest communities in Florida.
- An exceptionally low poverty rate of 2.2% — among the lowest in Florida.
- Near full employment with an unemployment rate of just 2.4%.
Lake Mary city Quick Facts
How Lake Mary city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 64 | National average: 60
Education
Educational Attainment (Adults 25+)
Lake Mary city Rankings in Florida
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Cities Similar to Lake Mary city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Safety Harbor city | 17,040 | $105,813 | $433,300 | 47.2% | 6.8% |
| Marco Island city | 15,998 | $104,105 | $866,200 | 47.9% | 6.3% |
| Palmer Ranch CDP | 15,873 | $103,682 | $563,000 | 55.1% | 5.3% |
| Viera West CDP | 17,169 | $98,107 | $539,000 | 52.5% | 2.8% |
| Country Walk CDP | 18,693 | $118,881 | $489,400 | 35.7% | 6.4% |
Population Overview
Lake Mary city is a small city located in Florida. The total population is 16,724. It ranks as the 237th most populous out of 953 cities and towns in Florida.
Age Demographics
The median age in Lake Mary city is 43.1 years. This is 1% higher than the state median of 42.6 years.
Economy, Income & Housing
The median household income in Lake Mary city is $116,944. This is 63% higher than the state median of $71,711. Compared to the national median of $78,538, household income here is 49% higher. The poverty rate stands at 2.2%. This is 83% lower than the state poverty rate of 12.6%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.4%. This is 51% lower than the state rate of 4.8%. The median home value is $462,200. Housing costs are 42% higher than the state median of $325,000. The home-value-to-income ratio is 4.0x. 66.4% of occupied housing units are owner-occupied. This homeownership rate is 1% lower than the state average of 67.3%.
Race & Ethnicity
The largest racial or ethnic group in Lake Mary city is White (non-Hispanic), making up 64.6% of the population. Hispanic or Latino residents account for 13.5%. The Asian population is significantly higher than the state average (8.5% vs 2.8%).
Education
54.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 64% higher 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 96.9%. Notably, 19.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Lake Mary 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 Mary city, Florida?
Lake Mary city, Florida has a population of 16,724 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Mary city, FL?
The median household income in Lake Mary city is $116,944, which is 49% higher the national median of $78,538.
What is the poverty rate in Lake Mary city, FL?
The poverty rate in Lake Mary city is 2.2%. This means approximately 364 residents live below the federal poverty line.
What is the racial makeup of Lake Mary city, Florida?
Lake Mary city's population is 64.6% White, 10.2% Black, 13.5% Hispanic/Latino, and 8.5% Asian.
What is the median home value in Lake Mary city, FL?
The median home value in Lake Mary city is $462,200. The home-value-to-income ratio is 4.0x.
How educated is Lake Mary city, Florida?
54.4% of adults (25+) in Lake Mary city hold a bachelor's degree or higher, and 19.1% hold a graduate or professional degree.