Indian Lake Estates, FL Profile: Facts & Data

The Indian Lake Estates CDP⁽¹⁾ had a population of 957 as of July 1, 2024. Indian Lake Estates ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Indian Lake Estates is located at latitude 27.8139 and longitude -81.3784 in Polk County. Polk County is in the Eastern time zone (GMT -5).

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

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Indian Lake Estates, FL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	957 (100%)
Population in Households	957 (100.0%)
Population in Families	665 (69.5%)
Population in Group Quarters¹	0
Population Density	88
Diversity Index²	58


INCOME
Median Household Income	$53,316
Average Household Income	$65,097
% of Income for Mortgage⁴	36%
Per Capita Income	$30,678
Wealth Index⁵	51
Socioeconomic Status Index⁶	Moderate (56.3)

HOUSING
Total HU (Housing Units)	623 (100%)
Owner Occupied HU	394 (63.2%)
Renter Occupied HU	57 ( 9.1%)
Vacant Housing Units	172 (27.6%)
Median Home Value	$304,975
Average Home Value	$286,929
Housing Affordability Index³	70

HOUSEHOLDS
Total Households	451
Average Household Size	2.12
Family Households	277
Average Family Size	2.00

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.

Indian Lake Estates, FL - Peer Comparisons by Rank and Percentile

The table below compares Indian Lake Estates to the other 955 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2024 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	2020-2024	2024-2029
Population	0.78%	0.74%
Households	0.05%	0.70%
Families		0.57%
Median Household Income		2.35%
Per Capita Income		3.62%
Owner Occupied HU		1.04%

Variable Description	Rank	Percentile
Total Population	# 786	18th
Population Density	# 913	5th
Median Household Income	# 727	24th
Housing Affordability Index	# 316	33rd
Per Capita Income	# 658	31st
Diversity Index	# 481	50th

Indian Lake Estates, FL Profile: Facts & Data

Indian Lake Estates, Florida - Basic Facts

Indian Lake Estates, FL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Indian Lake Estates, FL - Peer Comparisons by Rank and Percentile

Indian Lake Estates, FL - Most Popular Things to Do

Use HTL Address Research for a Florida Address and get...

Quick & Easy Ways to...

Florida Census Data Comparison Tool

Polk County