Lakewood Ranch, Florida Demographics & Population 2026
During the 2020–2024 ACS period, Lakewood Ranch, Florida had a total population of 43,945, the 95th largest community in Florida, with a median household income of $122,925, which is 65% higher than the state average. The poverty rate is 7.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 65% above the state average — one of the wealthiest communities in Florida.
- 60.6% of adults hold a bachelor's degree or higher — top 10% in Florida.
Lakewood Ranch Quick Facts
How Lakewood Ranch 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 | 39,434 | 43,945 | +11.4% |
| Median household income | $123,471 | $122,925 | -0.4% |
| Median home value | $626,500 | $678,200 | +8.3% |
How Lakewood Ranch 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 less diverse community where one racial or ethnic group represents a large majority.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Lakewood Ranch Rankings in Florida
Explore Florida Rankings
Other Cities in Sarasota County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| North Port | 84,605 | $84,049 | 6.7% | $362,500 |
| Sarasota | 56,970 | $72,105 | 15.0% | $463,000 |
| Venice | 27,479 | $76,755 | 9.2% | $434,700 |
| Englewood | 20,091 | $69,222 | 8.5% | $339,900 |
| South Venice | 17,484 | $77,097 | 12.5% | $337,300 |
| Palmer Ranch | 16,867 | $102,838 | 6.9% | $592,900 |
| Fruitville | 15,172 | $82,246 | 8.6% | $412,500 |
| Sarasota Springs | 12,611 | $95,688 | 12.7% | $349,100 |
| Laurel | 11,741 | $92,340 | 5.6% | $478,900 |
| Bee Ridge | 10,334 | $75,906 | 7.2% | $412,400 |
Cities Similar to Lakewood Ranch
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Oviedo | 40,599 | $117,070 | $454,000 | 55.5% | 5.3% |
| The Acreage | 40,843 | $109,032 | $524,800 | 26.7% | 4.6% |
| Winter Garden | 47,872 | $106,495 | $476,000 | 46.1% | 9.8% |
| Valrico | 40,239 | $104,839 | $393,700 | 38.2% | 9.9% |
| Coral Gables | 49,802 | $134,216 | $1,089,900 | 73.6% | 9.4% |
Population Overview
Lakewood Ranch is a mid-sized community located in Florida, within Sarasota County. The total population is 43,945. It ranks as the 95th most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Lakewood Ranch is 53.5 years. This is 26% higher than the state median of 42.6 years. 12.4% 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 Lakewood Ranch is $122,925. This is 65% higher than the state median of $74,568. It is also 52% higher than the national median of $80,734. The poverty rate stands at 7.4%. This is 41% lower than the state poverty rate of 12.6%. The unemployment rate is 3.7%. This is 24% lower than the state rate of 4.8%. The median home value is $678,200. Housing costs are 89% higher than the state median of $359,000. The home-value-to-income ratio is 5.5x. 80.0% of occupied housing units are owner-occupied. This homeownership rate is 18% higher than the state average of 67.6%.
Race & Ethnicity
The largest racial or ethnic group in Lakewood Ranch is White (non-Hispanic), making up 77.8% of the population. Hispanic or Latino residents account for 10.1%. The White (non-Hispanic) population is significantly higher than the state average (77.8% vs 50.4%). The Black or African American population (2.7%) is well below the state average of 14.6%. The Hispanic or Latino population (10.1%) is well below the state average of 27.4%.
Education
60.6% of residents aged 25 and older hold a bachelor's degree or higher. This places Lakewood Ranch in the top 10% of all cities in the state for educational attainment. This is 77% 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 98.4%. Notably, 25.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Lakewood Ranch, 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 Lakewood Ranch, Florida?
Lakewood Ranch, Florida has a population of 43,945 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lakewood Ranch, FL?
The median household income in Lakewood Ranch is $122,925, which is 52% higher than the national median of $80,734.
What is the poverty rate in Lakewood Ranch, FL?
The poverty rate in Lakewood Ranch is 7.4%. This means approximately 3,220 residents live below the federal poverty line.
What is the racial makeup of Lakewood Ranch, Florida?
Lakewood Ranch's population is 77.8% White, 2.7% Black, 10.1% Hispanic/Latino, and 3.3% Asian.
What is the median home value in Lakewood Ranch, FL?
The median home value in Lakewood Ranch is $678,200. The home-value-to-income ratio is 5.5x.
How educated is Lakewood Ranch, Florida?
60.6% of adults (25+) in Lakewood Ranch hold a bachelor's degree or higher, and 25.9% hold a graduate or professional degree.