Area Insights of 32746, Lake Mary, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 590 homes were sold with 223 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

32746, Lake Mary, FL

Date

06-28-2023

Price Ratio

98%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Heathrow Christian Academy

PK to KG

St Peter's Episcopal Preschool & Kindergarten

PK to KG

Starchild Academy Lake Mary

PK to 5

Middle School

Greenwood Lakes Middle School

6 to 8

Ratings

C+

South Seminole Academy

6 to 8

Markham Woods Middle School

6 to 8

Ratings

C+

High School

Endeavor School

6 to 12

Lake Mary High School

9 to 12

Ratings

C+

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 15% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (47,490)
22,434 Male
25,056 Female
Education
17% High School
11% Associate
31% Bachelor
21% Graduate
Age

Average Age is 42 Years

Household Details

The area's household landscape is diverse, with 66% owner-occupied homes and 34% renter-occupied properties. Family households represent 72% of the population, indicating a strong community focus on family living. The average home value stands at $564,519, which suggests ample demand for multi-bedroom properties.

Total Households
19,345
Average home value
$564,519
Owned
66%
Rented
34%
Vacant
5%
Families
72%
Married
55%
With children
31%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 11% Asian, 8% Black, and 0% Native residents, alongside 61% White and 19% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 47% of households earning over $100,000 annually, while 30% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
3%
Healthcare
13%
Professional
15%
Education
7%
Services
25%
Labor
12%
Retail
13%
Other
11%
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