45 / 100

Lake County, FL

RANK #545 / 1001 NAT  ·  #24 / 41 FL  ·  POP 412,924

1YR FORECAST: -1.7%

5YR OUTLOOK: +17%

#32 Fastest Growing
Lake County's housing market is projected to grow -1.7% over the next year, below the national average.

[01] Why Lake County?

Mount Dora, known for its historic downtown and annual arts festival, offers a distinctive charm within Lake County, Florida. Located in the central part of the state, roughly 30 miles northwest of Orlando, Lake County provides a quieter, more rural atmosphere while remaining accessible to urban amenities. The county is characterized by rolling hills and over 1,000 lakes, including the Harris Chain of Lakes, making it a destination for boating, fishing, and water sports. Outdoor enthusiasts can explore numerous parks and trails, such as Lake Louisa State Park with its multi-use trails and cabins, or Ferndale Preserve, offering picturesque views. The climate allows for year-round outdoor activities.

Life in Lake County often appeals to those seeking a balance between natural surroundings and suburban convenience. Many residents commute to Orlando for work, with the SR 50 corridor being a common route. The public school system, Lake County Schools, operates 49 schools and is an A-rated district. The economy is experiencing growth, with a low unemployment rate and rising median advertised salaries. Tourism is a significant sector, evidenced by increased hotel occupancy and tourist development tax collections. The county has also seen residential real estate activity, with increases in both single-family home and townhome/condo sales.

MARKET PROFILE

Sun Belt Post-Surge Correction

Lake County is one of 76 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of -2.3% runs above the profile's typical -3.7%.

See all 76 Sun Belt Post-Surge Correction counties →

[02] Market Snapshot

Housing Ratio
20.5x

Overvalued relative to economy

Home Prices
-2.3%

Prices declining

Climate & Terrain
3.4

Favorable climate & terrain

Price/Rent
13x

Below national median (15x)

Housing looks overvalued at 20.5x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Lake County Schools Education
    5,000+
  2. 2
    Publix Supermarkets Retail
    2,500+
  3. 3
    AdventHealth Waterman Healthcare
  4. 4
    UF Health Leesburg Hospital Healthcare
    1,000+
  5. 5
    Orlando Health South Lake Hospital Healthcare
  6. 6
    The Villages of Lake-Sumter Inc. Hospitality
  7. 7
    Walmart Supercenters Retail
  8. 8
    Lake County Sheriff's Office Government
  9. 9
    Lowe's Home Improvement Centers Retail
    500+
  10. 10
    Cornerstone Hospice & Palliative Care Healthcare

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Lake County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
412,924
+3.57% YoY
Median Household Income
$73,161
Median Home Value
$318,400
-2.32% 12mo
Median Rent
$1,586
Average Annual Pay
$54,092
+1.9% YoY
Employment
118,622
+1.1% YoY
Income-to-Home-Value
0.2298
Near national average
Migration Inflow
3.68%
of pop. from another state
Bachelor's Degree+
27.8%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$380,000
Days on Market
54
Moderate pace
Months of Supply
3.7
Balanced market
Sale-to-List Ratio
98.1%
Near asking price
Sold Above List
14.2%
Listings w/ Price Drops
33.5%
Building Permits (2025)
5,342
Single-Family Permits
3,999

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C+
SAFETY
GRADE
Homicide Rate
5.0
per 100K · nat avg 6.5
Firearm Fatalities
15.7
per 100K · nat avg 13.4
Injury Deaths
122.6
per 100K · nat avg 83.6
vs National Average
Below national avg
based on homicide rate
10-Year Trend
Up 14% since 2015
homicide rate, 2015 → 2025

Source: Homicide rates from CDC/NCHS vital-statistics mortality data — a multi-year average that stabilizes counts in smaller counties — compiled in the County Health Rankings 2025 release. Rates per 100,000 population; U.S. average ≈ 6.5. Grade reflects homicide rate relative to the national average. Learn more →

See where Lake County stands nationally: safest large counties in America · highest homicide-rate counties.

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
35.3
Good
Good Air Days
94%
1,024 of 1,084 days
Unhealthy+ Days (3yr)
0
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
34
2022
35
2023
37
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Score Breakdown

Population Growth +3.6% 97 percentile
Income Growth +4.6% 86 percentile
Vacancy Rate 1.8% 10 percentile
Home Price Change -2.3% 4 percentile
Rent Growth +1.2% 16 percentile
Price/Rent 13x 74 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Lake County, FL a good place to move to?

Lake County scores 45/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#545). Median household income is $73,161 and job growth is running at +1.1%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Lake County affordable?

Lake County leans toward the expensive side. A median home value of $318,400 against an income-to-home-value ratio of 0.23 means housing eats a bigger share of local earnings than the national norm. Renters face $1,586/month on average.

Is Lake County growing or shrinking?

Lake County is growing on multiple fronts. Population is up +3.6% year-over-year while employers added jobs at a +1.1% clip. Home values shifted -2.3% in the past year.

Are people moving to Lake County?

There's a moderate stream of newcomers. About 3.68% of residents moved from another state, which is above average and suggests Lake County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

St. Johns County, FL 46 Highlands County, FL 47 Miami-Dade County, FL 43 Charlotte County, FL 48 Leon County, FL 49 Osceola County, FL 51 Tuscaloosa County, AL 45 Lehigh County, PA 44