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Lakeland, Florida

city · Polk County

At a glance

119,961
Population
$249,400
Median home value (all homes)
18% below U.S. median
$312,574
Typical market value
Zillow, 2026-07
$1,395/mo
Median rent
3% above U.S. median
$64,185
Median household income
18% below U.S. median
23.1 min
Average commute
89.6%
Homes with broadband
47.37%
Locations with fiber available
4.5%
Unemployment

Cost of living (Clay Affordability Index)

CAI 95 — 5% below the national average. how it's computed

Housing0% below
Goods & services2% below
Utilities4% above
Taxes63% below
Insurance49% above
Commute cost16% below
No natural gas service in this area — most homes heat with electricity or propane.
For business: Florida is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college0 mi
Nearest community college32 mi
Nearest technical college0 mi
High school graduates91.5%
College graduates29.4%

Doing business here

Economic development contacts, most local first:

city Lakeland Economic Development
City of Lakeland's Community & Economic Development page, detailing services and offices that support business development, planning, housing, and code enforcement, including the Lakeland Business Resource Office (LBRO) and the Community Redevelopment Agency.
city Lakeland Economic Development Council
The Lakeland Economic Development Council (LEDC) is a private, non-profit organization with over 140 member companies dedicated to fostering economic growth in Lakeland, Florida. It focuses on job creation, capital investment, and expanding the local tax base by attracting new businesses and supporting existing ones.
state Enterprise Florida
Florida-based economic development organization page offering business development, export resources, and international trade information, with contact details for a regional business development team.
state Florida Economic Development Council
Florida Economic Development Council is a Florida-based economic development organization with a board of directors and staff, offering membership, advocacy, events, and professional development for Florida's economic development professionals.
State sales taxYes
State income taxNone
Right-to-work stateYes

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