Lake Magdalene, FL Profile: Facts & Data

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Lake Magdalene, Florida - Basic Facts

The Lake Magdalene Census Designated Place had a population of 31,082 as of July 1, 2019.

The primary coordinate point for Lake Magdalene is located at latitude 28.0742 and longitude -82.4718 in Hillsborough County. The formal boundaries for the Lake Magdalene Census Designated Place encompass a land area of 10.23 sq. miles and a water area of 1.41 sq. miles. Hillsborough County is in the Eastern time zone (GMT -5). The elevation is 46 feet.

The Lake Magdalene Census Designated Place (GNIS ID: 2403199) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Lake Magdalene Census Designated Place is located within Tampa CCD of Hillsborough County.


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  1. Lake Magdalene 2019 Demographic Data
  2. Growth Rates for Lake Magdalene (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 - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Lake Magdalene, FL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Lake Magdalene, FL Housing Affordability Index is 111
State of Florida Housing Affordability Index is 113
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.

WEALTH INDEX

Lake Magdalene, FL Wealth Index is 124
State of Florida Wealth Index is 94
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Florida COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 31,082 (100%)
Population in Households 30,659 (98.6%)
Population in Families 23,017 (74.1%)
Population in Group Quarters1 423 ( 1.4%)
Population Density 3,044
Diversity Index2 60
 

INCOME

Median Household Income $61,454
Average Household Income $95,780
Per Capita Income $40,611
Wealth Index4 124

HOUSING

Total Housing Units 14,229 (100%)
Owner Occupied HU 8,408 (59.1%)
Renter Occupied HU 4,772 (33.5%)
Vacant Housing Units 1,048 ( 7.4%)
Median Home Value $268,302
Housing Affordability Index3 111
 

HOUSEHOLDS

Total Households 13,181
Average Household Size 2.33
Family Households 7,859
Average Family Size 3
NOTES
  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 race 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 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.94% 1.09%
Households 0.84% 0.99%
Families 0.72% 0.95%
Median Household Income   3.31%
Per Capita Income   2.73%

Lake Magdalene, FL - Peer Comparisons by Rank and Percentile

The table below compares Lake Magdalene to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2019 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 # 131 86th
Population Density # 257 72nd
Diversity Index # 284 69th
Median Household Income # 274 70th
Per Capita Income # 186 80th

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

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