Area Insights of 33803, Lakeland, 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 450 homes were sold with 139 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

33803, Lakeland, FL

Date

03-15-2023

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

Wonderhere Academy

1 to 6

Middle School

Southwest Middle School

6 to 8

Ratings

D-

High School

Maynard a Traviss Technical Academy

6 to 12

Ratings

D-

Polk State Lakeland Gateway to College Charter High School

11 to 12

Ratings

B

Maynard a Traviss Technical College

9 to 12

Bill Duncan Opportunity Center

6 to 12

Ratings

D-

Polk State College Collegiate High School

11 to 12

Ratings

A+

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

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 16% 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 (37,206)
18,246 Male
18,960 Female
Education
28% High School
10% Associate
21% Bachelor
13% Graduate
Age

Average Age is 40 Years

Household Details

The area's household landscape is diverse, with 62% owner-occupied homes and 38% renter-occupied properties. Family households represent 62% of the population, indicating a strong community focus on family living. The average home value stands at $380,389, which suggests ample demand for multi-bedroom properties.

Total Households
16,293
Average home value
$380,389
Owned
62%
Rented
38%
Vacant
11%
Families
62%
Married
45%
With children
29%

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 2% Asian, 9% Black, and 0% Native residents, alongside 68% White and 20% 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 26% of households earning over $100,000 annually, while 33% 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
2%
Healthcare
13%
Professional
6%
Education
9%
Services
26%
Labor
16%
Retail
19%
Other
9%