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Polk County, FL

RANK #371 / 1001 NAT  ·  #12 / 41 FL  ·  POP 790,694

1YR FORECAST: -2.4%

5YR OUTLOOK: +19%

#22 Fastest Growing
Polk County's housing market is projected to grow -2.4% over the next year, tracking near the national average.

[01] Why Polk County?

Polk County, Florida, distinguishes itself with its extensive network of over 550 freshwater lakes and 25,000 acres of recreational parks, offering abundant opportunities for outdoor activities like water skiing, kayaking, and fishing. Located in Central Florida, between Tampa and Orlando, the county provides a blend of suburban and rural living. Lakeland, the largest city, is known as "Swan City" for its wild swans and 38 lakes. Commuting to nearby major cities is common, with Interstate 4 serving as a primary route, though local roads like the Polk Parkway (SR 570) offer in-county alternatives. The community offers a slower pace of life compared to its metropolitan neighbors.

Life in Polk County appeals to a mix of families, retirees, and commuters seeking affordability and access to larger cities. The Polk County Public School District is one of Florida's largest, with approximately 160 school sites. The economy is diversified, with manufacturing emerging as a significant sector, growing faster than the state average and employing over 20,000 workers. Major investments are also flowing into data centers and energy infrastructure, with proposals for hyperscale data centers under consideration, which could bring substantial tax revenue and jobs. These developments aim to strengthen the local economy and support community services.

MARKET PROFILE

Sun Belt Post-Surge Correction

Polk 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 -2.4% runs above the profile's typical -3.7%.

See all 76 Sun Belt Post-Surge Correction counties →

[02] Market Snapshot

Housing Ratio
13.8x

Overvalued relative to economy

Home Prices
-2.4%

Prices declining

Climate & Terrain
4.0

Favorable climate & terrain

Price/Rent
12x

Below national median (15x)

Housing looks overvalued at 13.8x — 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
    Publix Super Markets Retail
    10,000+
  2. 2
    Polk County Public Schools Education
  3. 3
    Lakeland Regional Health Healthcare
    5,000+
  4. 4
    Walmart Retail
  5. 5
    Amazon Logistics
  6. 6
    GEICO Finance
    2,500+
  7. 7
    City of Lakeland Government
  8. 8
    Polk County Board of County Commissioners Government
    1,000+
  9. 9
    Winter Haven Hospital Healthcare
  10. 10
    Watson Clinic Healthcare

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

[04] Home Value Growth vs National

Polk 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
790,694
+3.91% YoY
Median Household Income
$65,978
Median Home Value
$266,500
-2.42% 12mo
Median Rent
$1,363
Average Annual Pay
$57,763
+3.7% YoY
Employment
264,981
+1.7% YoY
Income-to-Home-Value
0.2476
Near national average
Migration Inflow
3.67%
of pop. from another state
Bachelor's Degree+
23.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$316,945
Days on Market
59
Moderate pace
Months of Supply
4.2
Balanced market
Sale-to-List Ratio
98.2%
Near asking price
Sold Above List
17.2%
Listings w/ Price Drops
31.8%
Building Permits (2025)
8,236
Single-Family Permits
6,725

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

[05] Crime & Safety

C+
SAFETY
GRADE
Homicide Rate
5.2
per 100K · nat avg 6.5
Firearm Fatalities
12.3
per 100K · nat avg 13.4
Injury Deaths
88.2
per 100K · nat avg 83.6
vs National Average
Below national avg
based on homicide rate
10-Year Trend
Down 18% 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 Polk County stands nationally: safest large counties in America · highest homicide-rate counties · counties where safety is improving.

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
43.7
Good
Good Air Days
71%
771 of 1,093 days
Unhealthy+ Days (3yr)
1
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
45
2022
44
2023
42
Median AQI · lower is better

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

[07] Capital Investment

$3,710M
TOTAL
PROJECT AMOUNT STATUS
Fort Meade Data Center Campus
Bohler Places LLC (developer, end-user undisclosed)
$2,700M Planned
Solar Farm Portfolio (Alafia, Jamison, Lake Mabel, Peace Creek, Payne Creek, Durrance, Lake Hancock, Bonnie Mine)
Tampa Electric Co. / Duke Energy
$570M Operating/Completed
Cielo Haines City Data Center
Cielo Digital Infrastructure
$300M Planned
RealCold Cold Storage Warehouse
RealCold
$50M Under Construction
Polk County Renewable Natural Gas (RNG) Facility
OPAL Fuels Inc. / Polk County municipal government
$50M Operating
Lake Mabel Solar and Battery Storage
Tampa Electric Co.
$40M Completed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +3.9% 98 percentile
Income Growth +3.7% 72 percentile
Vacancy Rate 1.1% 37 percentile
Home Price Change -2.4% 4 percentile
Rent Growth +1.3% 19 percentile
Price/Rent 12x 85 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 63/100, Polk County sits in the upper half of all 1001 ranked counties. Employment is expanding at +1.7%, and median household income stands at $65,978 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in FL.

Is Polk County affordable?

Polk County leans toward the expensive side. A median home value of $266,500 against an income-to-home-value ratio of 0.25 means housing eats a bigger share of local earnings than the national norm. Renters face $1,363/month on average.

Is Polk County growing or shrinking?

Polk County is growing on multiple fronts. Population is up +3.9% year-over-year while employers added jobs at a +1.7% clip. Home values shifted -2.4% in the past year.

Are people moving to Polk County?

There's a moderate stream of newcomers. About 3.67% of residents moved from another state, which is above average and suggests Polk County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Orange County, FL 62 Volusia County, FL 61 Hernando County, FL 58 Escambia County, FL 56 Seminole County, FL 72 Broward County, FL 54 Jackson County, MO 63 Bergen County, NJ 62