ExecutivePulse
Official Federal Data

Lake County, Florida

FIPS 12069 · Orlando-Kissimmee-Sanford, FL · Population 412,924
9 Sources Updated June 22, 2026
$73,161
Median Income
$80,734 national
4.2%
Unemployment
4% national
$17.9B
GDP
27.8%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$73,161
Per Capita
$38,577
Mean Household
$94,160
Poverty Rate
8.9%
Median Income Comparison
Lake County$73,161
Florida$74,568
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 26.6% (109,863 residents) 55-64: 13.6% (56,079 residents) 35-54: 23.2% (95,789 residents) 18-34: 17.6% (72,728 residents) Under 18: 19% (78,465 residents) 46 Median Age
Cohorts
Under 18 · 19%
18-34 · 17.6%
35-54 · 23.2%
55-64 · 13.6%
65+ · 26.6%
Race & Ethnicity
White67.2%
Black or African American10.5%
Asian2.1%
Hispanic or Latino(any race)18.8%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
91.4%
High School+
National: 89.6%
▲ +1.8 pts
27.8%
Bachelor's+
National: 35.7%
▼ 7.9 pts
9.8%
Graduate+
National: 14.1%
▼ 4.3 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
412,924
Population
185,017
Labor Force
Employed
175,459
Unemployment Rate BLS LAUS 2025 annual
4.2% ▲ +0.7 pts YoY
Mean Commute 4 min above national avg
30.2 min
Work From Home vs 15.1% national
15.7%
Key Takeaways
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 7.9 pts, relevant for advanced-services attraction strategy.
  • Aging population: Median age of 46 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$17.9B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Lake County, Florida, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Health Care and Social Assistance
21,777 23.4%
$59,272
2Retail Trade
19,154 20.6%
$41,003
3Accommodation and Food Services
13,105 14.1%
$27,978
4Construction
11,804 12.7%
$71,461
5Administrative and Support and Waste Management
7,602 8.2%
$51,927
6Professional, Scientific, and Technical Services
5,011 5.4%
$81,884
7Manufacturing
4,965 5.3%
$67,059
8Transportation and Warehousing
3,968 4.3%
$54,087
9Other Services (except Public Administration)
3,408 3.7%
$45,269
10Wholesale Trade
2,350 2.5%
$64,110
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Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 21,777 workers (23.4% of tracked sectors), at an average wage of $59,272.
  • Economic scale: Regional GDP of $17.9B (2024).
  • Wage stratification: Professional, Scientific, and Technical Services averages $81,884 while Accommodation and Food Services averages $27,978, a 2.9x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Crop Production
4.77x
1,921
Beverage and Tobacco Product Manufacturing
2.62x
654
Building Material and Garden Supply Retailers
2.51x
2,620
Nonmetallic Mineral Product Manufacturing
2.45x
772
Heavy and Civil Engineering Construction
2.27x
2,048
Motor Vehicle and Parts Dealers
2.19x
3,407
Specialty Trade Contractors
2.06x
8,174
General Merchandise Retailers
1.81x
4,452
Food and Beverage Retailers
1.64x
4,048
Nursing and Residential Care Facilities
1.54x
4,021

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Retail Trade Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
14,527
Cluster Employment
2.51x
Peak LQ
Concentrated Sub-Sectors
Crop Production
4.77x 1,921
Beverage and Tobacco Product Manufacturing
2.62x 654
Building Material and Garden Supply Retailers
2.51x 2,620
Nonmetallic Mineral Product Manufacturing
2.45x 772
Heavy and Civil Engineering Construction
2.27x 2,048
Motor Vehicle and Parts Dealers
2.19x 3,407
Specialty Trade Contractors
2.06x 8,174
General Merchandise Retailers
1.81x 4,452
Food and Beverage Retailers
1.64x 4,048
Nursing and Residential Care Facilities
1.54x 4,021

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.05x
Transportation Equipment Manufacturing
72 employed
0.20x
Management of Companies and Enterprises
391 employed
0.26x
Publishing Industries and Telecommunications
175 employed
0.28x
Furniture and Related Product Manufacturing
71 employed
0.28x
Support Activities for Transportation
176 employed
Key Takeaways
  • Top specialization: Crop Production concentrates at 4.77x the national norm, strong concentration that anchors the local economy and supports supply-chain attraction strategy.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Lake County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$318,400
Median Home Value vs 2019
$1,586
Rent/Mo
77.6%
Owner-Occ
12.3%
Vacancy
4.4x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$1,650/mo
1 Bedroom
$1,731/mo
2 Bedroom
$1,972/mo
3 Bedroom
$2,476/mo
4 Bedroom
$2,924/mo
30% of monthly median household income (~$1,829/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 4.4x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 77.6% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 12.3% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Affordable rent tiers: 2 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,829/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
224,596
Working Age (18-64) vs 2019
Mean Commute 4 min above national avg
30.2 min
Work From Home vs 15.1% national
15.7%
Prime-Age Employed (25-54)
78.5%
of prime-age population
Labor force participation rate: 55.3% of working-age population (18-64) 55% Participation
▲ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
27.8%
HS Diploma+
91.4%
Regional / Statewide Institutions
Total credentials awarded
104,745/yr
University of Central Florida 20,166/yr
Florida International University 18,426/yr
University of Florida 18,084/yr
Valencia College 17,631/yr
Miami Dade College 16,153/yr
University of South Florida 14,285/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
25%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
36.9%
Service
18.8%
Sales & Office
23.9%
Construction / Maint.
10.3%
Production / Transport
10.1%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 175,459 employed workers.
Key Takeaways
  • Succession risk is real: 25% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Low participation: 55.3% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 56,676 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Lake County shows meaningful potential for crop production attraction, with a 4.77x concentration and 1,921 jobs in this sub-sector. Near-term succession risk is elevated, with 25% of the working-age population within 10 years of retirement age.

The interconnected base across crop production, beverage and tobacco product manufacturing, and building material and garden supply retailers creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Lake County, Florida, from federal data sources.

What is the population of Lake County, Florida?

412,924 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Lake County, Florida?

$73,161 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Lake County, Florida?

4.2% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Lake County, Florida?

$17.9B (U.S. Bureau of Economic Analysis, CAGDP1).