Cost of Living in Lakewood Ranch, FL
Population: 39,434 • 2026 Data
$123,471
Median Household Income
+60% vs national
$2,213
Median Monthly Rent
+64% vs national
$626,500
Median Home Value
+85% vs national
3.2%
Unemployment Rate
Housing in Lakewood Ranch
The median home value in Lakewood Ranch, FL is $626,500. Monthly rent for a typical unit averages $2,213, while total monthly housing costs (including utilities and insurance) average $2,019.
Rent-to-income ratio: 21.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lakewood Ranch, FL is $123,471. The unemployment rate stands at 3.2%, with a labor force of 16,942 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.