Lake Placid, FL Profile: Facts & Data


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Lake Placid, Florida - Basic Facts

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The Town of Lake Placid had a population of 2,581 as of July 1, 2021. Lake Placid ranks in 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 Lake Placid is located at latitude 27.2931 and longitude -81.3629 in Highlands County. The formal boundaries for the Town of Lake Placid encompass a land area of 3.45 sq. miles and a water area of 0.05 sq. miles. Highlands County is in the Eastern time zone (GMT -5). The elevation is 151 feet.

The Town of Lake Placid 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 Town of Lake Placid is located within Lake Placid CCD of Highlands County.

Alternate Unofficial Names for Lake Placid: Lake Stearns.

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  1. Lake Placid 2021 Demographic Data
  2. Growth Rates for Lake Placid (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2021 Demographics

Lake Placid, FL Data & Demographics (As of July 1, 2021)


Total Population 2,581 (100%)
Population in Households 2,559 (99.1%)
Population in Families 1,892 (73.3%)
Population in Group Quarters1 22 ( 0.9%)
Population Density 690
Diversity Index2 77


Median Household Income $37,450
Average Household Income $55,795
% of Income for Mortgage4 20%
Per Capita Income $20,470
Wealth Index5 63


Total HU (Housing Units) 1,175 (100%)
Owner Occupied HU 542 (46.1%)
Renter Occupied HU 426 (36.3%)
Vacant Housing Units 207 (17.6%)
Median Home Value $173,925
Average Home Value $221,041
Housing Affordability Index3 136


Total Households 968
Average Household Size 2.64
Family Households 599
Average Family Size 3
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.


2010-2021 2021-2026
Population 1.09% 0.91%
Households 0.9% 0.83%
Families 1.62% 0.79%
Median Household Income   1.53%
Per Capita Income   3.2%
Owner Occupied HU   1.61%

Lake Placid, FL - Peer Comparisons by Rank and Percentile

The table below compares Lake Placid to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2021 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.

Variable Description Rank Percentile
Total Population # 618 33rd
Population Density # 671 27th
Median Household Income # 822 11th
Housing Affordability Index # 430 47th
Per Capita Income # 743 19th
Diversity Index # 81 91st

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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