Bay Lake, FL Profile: Facts & Data

The City of Bay Lake had a population of 48 as of July 1, 2023. Bay Lake ranks in the lower quartile for Population Density and the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Bay Lake is located at latitude 28.3886 and longitude -81.5659 in Orange County. The formal boundaries for the City of Bay Lake encompass a land area of 21.5 sq. miles and a water area of 1.32 sq. miles. Orange County is in the Eastern time zone (GMT -5).

The City of Bay Lake has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Bay Lake is located within Southwest Orange CCD of Orange County.

Bay Lake, FL Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	48 (100%)
Population in Households	48 (100.0%)
Population in Families	0
Population in Group Quarters¹	0
Population Density	2
Diversity Index²	80


INCOME
Median Household Income	$96,645
Average Household Income	$131,159
% of Income for Mortgage⁴	0%
Per Capita Income	$62,847
Wealth Index⁵	96
Socioeconomic Status Index⁶	Moderate (63.8)

HOUSING
Total HU (Housing Units)	277 (100%)
Owner Occupied HU	12 ( 4.3%)
Renter Occupied HU	11 ( 4.0%)
Vacant Housing Units	254 (91.7%)
Median Home Value	$483,333
Average Home Value	$670,833
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	23
Average Household Size	2.09
Family Households	0
Average Family Size	0.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Bay Lake, FL - Peer Comparisons by Rank and Percentile

The table below compares Bay Lake to the other 955 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	16.77%	41.47%
Households	2.84%	33.90%
Families		0.00%
Median Household Income		6.45%
Per Capita Income		-1.50%
Owner Occupied HU		43.88%

Variable Description	Rank	Percentile
Total Population	# 953	0th
Population Density	# 955	0th
Median Household Income	# 127	87th
Housing Affordability Index	# 3	0th
Per Capita Income	# 103	89th
Diversity Index	# 159	83rd

Bay Lake, FL Profile: Facts & Data

Bay Lake, Florida - Basic Facts

Bay Lake, FL Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Bay Lake, FL - Peer Comparisons by Rank and Percentile

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