Lakewood Ranch, FL Profile: Facts & Data

The primary coordinate point for Lakewood Ranch is located at latitude 27.3863 and longitude -82.4332 in Manatee County. Manatee County is in the Eastern time zone (GMT -5).

While the primary coordinates for Lakewood Ranch Census Designated Place are located in Manatee County, it should be noted that the formal boundaries for this community also extend into and Sarasota County.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Lakewood Ranch Census Designated Place is located within Sarasota CCD of Manatee 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.

Lakewood Ranch, FL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	52,637 (100%)
Population in Households	52,447 (99.6%)
Population in Families	44,390 (84.3%)
Population in Group Quarters¹	190 ( 0.4%)
Population Density	1,142
Diversity Index²	44


INCOME
Median Household Income	$124,189
Average Household Income	$178,072
% of Income for Mortgage⁴	34%
Per Capita Income	$76,339
Wealth Index⁵	215
Socioeconomic Status Index⁶	Moderate (63.8)

HOUSING
Total HU (Housing Units)	27,389 (100%)
Owner Occupied HU	17,830 (65.1%)
Renter Occupied HU	4,733 (17.3%)
Vacant Housing Units	4,826 (17.6%)
Median Home Value	$671,212
Average Home Value	$768,603
Housing Affordability Index³	73

HOUSEHOLDS
Total Households	22,563
Average Household Size	2.32
Family Households	16,448
Average Family Size	3.00

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.

Lakewood Ranch, FL - Peer Comparisons by Rank and Percentile

The table below compares Lakewood Ranch 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	10.17%	2.85%
Households	10.28%	3.10%
Families		2.96%
Median Household Income		2.61%
Per Capita Income		2.09%
Owner Occupied HU		2.77%

Variable Description	Rank	Percentile
Total Population	# 80	92nd
Population Density	# 584	39th
Median Household Income	# 53	95th
Housing Affordability Index	# 380	40th
Per Capita Income	# 68	93rd
Diversity Index	# 655	31st

Lakewood Ranch, FL Profile: Facts & Data

Lakewood Ranch, Florida - Basic Facts

Lakewood Ranch, FL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lakewood Ranch, FL - Peer Comparisons by Rank and Percentile

Lakewood Ranch, 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

Manatee County