Lake Mary, Florida Demographics & Population 2026
During the 2020–2024 ACS period, Lake Mary, Florida had a total population of 16,860, the 240th largest city in Florida, with a median household income of $109,173, which is 46% higher than the state average. The poverty rate is 3.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 46% above the state average — one of the wealthiest communities in Florida.
- An exceptionally low poverty rate of 3.5% — among the lowest in Florida.
Lake Mary Quick Facts
How Lake Mary 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 | 16,724 | 16,860 | +0.8% |
| Median household income | $116,944 | $109,173 | -6.6% |
| Median home value | $462,200 | $494,900 | +7.1% |
How Lake Mary 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 Mary Rankings in Florida
Explore Florida Rankings
Other Cities in Seminole County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Sanford | 63,730 | $66,891 | 11.9% | $309,300 |
| Altamonte Springs | 46,116 | $64,070 | 11.9% | $293,000 |
| Oviedo | 40,599 | $117,070 | 5.3% | $454,000 |
| Winter Springs | 38,951 | $92,574 | 6.8% | $378,700 |
| Casselberry | 30,135 | $62,447 | 12.2% | $299,200 |
| Wekiwa Springs | 23,915 | $116,596 | 5.3% | $453,600 |
| Longwood | 16,337 | $78,548 | 9.9% | $354,300 |
| Forest City | 15,312 | $85,606 | 9.5% | $369,900 |
| Fern Park | 7,981 | $59,428 | 12.4% | $346,900 |
| Heathrow | 6,769 | $126,250 | 3.5% | $598,600 |
Cities Similar to Lake Mary
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Safety Harbor | 17,033 | $106,830 | $454,000 | 48.6% | 6.1% |
| Minneola | 16,598 | $110,902 | $420,800 | 35.1% | 4.7% |
| Palmer Ranch | 16,867 | $102,838 | $592,900 | 56.4% | 6.9% |
| Three Lakes | 16,888 | $102,306 | $481,300 | 38.3% | 10.0% |
| Niceville | 16,544 | $102,409 | $423,500 | 38.5% | 10.3% |
Population Overview
Lake Mary is a small city located in Florida, within Seminole County. The total population is 16,860. It ranks as the 240th most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Lake Mary is 43.8 years. This is 3% higher than the state median of 42.6 years.
Economy, Income & Housing
The median household income in Lake Mary is $109,173. This is 46% higher than the state median of $74,568. It is also 35% higher than the national median of $80,734. The poverty rate stands at 3.5%. This is 72% 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 2.6%. This is 46% lower than the state rate of 4.8%. The median home value is $494,900. Housing costs are 38% higher than the state median of $359,000. The home-value-to-income ratio is 4.5x. 62.9% of occupied housing units are owner-occupied. This homeownership rate is 7% lower than the state average of 67.6%.
Race & Ethnicity
The largest racial or ethnic group in Lake Mary is White (non-Hispanic), making up 64.7% of the population. Black or African American residents account for 12.3%. The Hispanic or Latino population (11.0%) is well below the state average of 27.4%. The Asian population is significantly higher than the state average (9.3% vs 2.9%).
Education
50.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% higher 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 95.6%. Notably, 18.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Lake Mary, 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 Mary, Florida?
Lake Mary, Florida has a population of 16,860 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Mary, FL?
The median household income in Lake Mary is $109,173, which is 35% higher than the national median of $80,734.
What is the poverty rate in Lake Mary, FL?
The poverty rate in Lake Mary is 3.5%. This means approximately 580 residents live below the federal poverty line.
What is the racial makeup of Lake Mary, Florida?
Lake Mary's population is 64.7% White, 12.3% Black, 11.0% Hispanic/Latino, and 9.3% Asian.
What is the median home value in Lake Mary, FL?
The median home value in Lake Mary is $494,900. The home-value-to-income ratio is 4.5x.
How educated is Lake Mary, Florida?
50.9% of adults (25+) in Lake Mary hold a bachelor's degree or higher, and 18.1% hold a graduate or professional degree.