Lake Mary, also referred to as City of Lakes,  is  one of the fastest growing areas in Central Florida. With its well planned residential communities, outstanding schools, great restaurants, and a variety of shopping and entertainment opportunities makes this city a sought-after location for young families and professionals . Lake Mary is home for many high tech businesses and continues to be a preferred location for relocation or expansion of corporate offices, high-tech businesses and light manufacturing operations.

The current population of Lake Mary is 12,545 with the median age of 43. Lake Mary’s median household income is $79,408, and the average household net worth is $631,721.

Lake Mary Florida United States
Population 12,545 20.95M 320.100M
Median Household Income $79,408 $45,934 $52,746
Average Household Net Worth $631,721 $382,778 $484,469
Median Age 43 years 41 years 37 years

Source: Realtor.com

Age distribution represents the distribution of the population in Lake Mary by age group. In Lake Mary, the male-to-female ratio is 6,054:6,492, which is 1% lower than the ratio of Seminole County, which is 212,871:226,648. Age demographic data is sourced from census, 2015.

Age Population Age Population
0 – 9 1332 50 – 59 2094
10 – 19 1522 60 – 69 1516
20 – 29 1262 70 – 79 844
30 – 39 1554 80 + 496
40 – 49 1930

Source : Realtor.com

 Crime rate index represents the average crime rate for a local area in comparison to nearby areas and the national average. A crime index of 100 represents the national average. Lake Mary, has 16% less property crime than Seminole County, and is 22% below the nation’s average. Lake Mary, has 38% less personal crime than Seminole County and when compared to that of United States, Lake Mary is 46% below the national average.

Crime National Average Lake Mary Orlando Metro Seminole County
Personal 100 53 155 87
Murder 100 15 75 51
Rape 100 42 120 86
Robbery 100 40 81 75
Assault 100 62 197 94
Property 100 77 116 93
Burglary 100 83 138 100
Larceny 100 80 114 94
Motor Vehicle 100 37 72 68
Overall Crime 100 48 117 80

Source: Realtor.com

Household income distribution represents the distribution of Lake Mary income brackets at the household level. Overall, the median household income for Lake Mary is $79,408, which is 41% higher than that of Seminole County ($56,134). Income data for Lake Mary is sourced from census, 2015.
Income Range Population Income Range Population
$0 – $9k 166 $75k – $99k 808
$10k – $19k 240 $100k – $124k 583
$20k – $29k 289 $125k – $149k 416
$30k – $39k 463 $150k – $199k 354
$40k – $49k 405 $200k – $249k 89
$50k – $59k 278 $250k – $499k 201
$60k – $74k 662 $500k + 22

Source: Realtor.com 

 Education data represents the highest level of education attained by residents in Lake Mary. In Lake Mary, 11% of residents 18 and over graduated from high school and 47% completed a Bachelor’s degree or higher, which is 7% higher than that of Seminole County. Education statistics is sourced from census, 2015.
Education Level Population
Less Than 9th Grade 551
9th – 12th Grade 668
HS Graduate 1524
College No Diploma 2064
Associate Degree 990
Bachelor’s Degree 2616
Graduate or Prof School Degree 2585

Source: Realtor.com

Lake Mary Market Summary

The average home price in Lake Mary is $325,000, which is 18.8% higher than the average sold price in Lake Mary ($273,500) . The average home price per square foot in Lake Mary is $142 and about 2% of all homes in Lake Mary sold in the last 6 months. For Lake Mary home values, real estate prices, and city market trends, research the 14,254 property records or search our 260 recently sold or 446 homes for sale listings. The listings and properties in Lake Mary are only a part of the 7,957,430 properties and 260,195 homes for sale in Florida. Because of this, the average home price and average home value of Lake Mary also influence the average home price $199,000 and average sale price $175,000 of Florida. Listing counts, Lake Mary home prices and home values in Lake Mary are sourced daily from listing and property data on realtor.com®, which is the most up-to-date and accurate aggregation of real estate listings in the industry and includes approximately 800 regional MLSs and is the official website of the National Association of Realtors®.

Lake Mary Market Comparison

Lake Mary Florida United States
Average Home Price $325,000 $199,000 $202,428
Average Home Price/sqft $142 $115 $111
% New Listings N/A N/A N/A
% Reduced Listings 41% 31% 34%
% Foreclosed Listings N/A 3% 1%
% of All Homes For Sale 3% 3% 3%
% of All Homes Recently Sold (last 6 months) 2% 3% 2%
Average Sale Price $273,500 $175,000 $309,648
Average Sale Price/sqft $139 $113 $161

Source: Realtor.com

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