Cost of Living in Lake Magdalene, FL
Population: 31,733 • 2026 Data
$75,606
Median Household Income
-2% vs national
$1,342
Median Monthly Rent
+0% vs national
$335,800
Median Home Value
-1% vs national
3.0%
Unemployment Rate
Housing in Lake Magdalene
The median home value in Lake Magdalene, FL is $335,800. Monthly rent for a typical unit averages $1,342, while total monthly housing costs (including utilities and insurance) average $1,333.
Rent-to-income ratio: 21.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lake Magdalene, FL is $75,606. The unemployment rate stands at 3.0%, with a labor force of 16,427 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.