Living in Indian Lake Estates, Florida
Cost of living, income, home prices, rent and demographics of Indian Lake Estates · Census data 2020–2024
Indian Lake Estates has 984 residents with a median age of 58.5. The median household income is $69,007 (7% lower than the Florida median), the median home value is $233,100.
Indian Lake Estates is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Indian Lake Estates at a glance
- Population
- 984
- Median age
- 58.5State: 42.6
- Median household income
- $69,007State: $74,568
- Median home value
- $233,100State: $359,000
- Homeowners
- 90.4%
- Bachelor's degree or higher
- 5%
- Average commute
- 54 min
Is Indian Lake Estates a good place to live?
Pros: Home values 35% lower than the state median; unemployment of 3.1%; a poverty rate of 5.7%.
Cons: Median household income 7% lower than the Florida median; an average commute of 54 minutes.
The weather is best in November to February.
Cost of living in Indian Lake Estates
Housing is the biggest part of the cost of living. In Indian Lake Estates the median home value is $233,100, 30% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,744 a month in housing costs.
Indian Lake Estates median household income
The median household income in Indian Lake Estates is $69,007 and the income per person is $31,725. 5.7% of residents live below the poverty line (Florida: 12.6%).
Housing in Indian Lake Estates: homes for sale and rent
- Housing units
- 555
- Owner-occupied
- 90.4%
- Renter-occupied
- 9.6%
- Vacant
- 30.6%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.56
30.6% of homes are vacant most of the year, a sign that Indian Lake Estates has many vacation and second homes.
Indian Lake Estates demographics
- Population
- 984
- Median age
- 58.5
- Under 18
- 11.3%
- 65 and older
- 38.5%
- Households
- 385
- Foreign-born
- 2.3%
- Veterans
- 18.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Indian Lake Estates ›
Education in Indian Lake Estates
5% of adults 25 and older in Indian Lake Estates have a bachelor's degree or higher (Florida: 34.1%), and 2.5% have a graduate or professional degree.
Jobs and commute in Indian Lake Estates
- Unemployment rate
- 3.1%State: 4.8%
- Average commute
- 54 minState: 28 min
- Work from home
- 17.9%
- Drive alone
- 53.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 87.5%
Indian Lake Estates vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Indian Lake Estates | 984 | $69,007 | $233,100 | — |
| Babson Park | 1,093 | $48,177 | $211,100 | — |
| Frostproof | 3,346 | $42,000 | $150,500 | $697 |
| Hillcrest Heights | 377 | $118,125 | $270,000 | — |
| Highland Park | 282 | $93,750 | $374,100 | — |
| Crooked Lake Park | 2,641 | $60,395 | $198,000 | $1,666 |
| Lake Wales | 16,785 | $56,347 | $239,300 | $1,110 |
| Avon Park | 10,057 | $36,485 | $144,700 | $921 |
| Alturas | 4,581 | $70,231 | $165,800 | $1,017 |
More for people moving to Indian Lake Estates
Indian Lake Estates ZIP code ›Weather and climate ›Living in Indian Lake Estates: FAQ
What is the median household income in Indian Lake Estates, FL?
The median household income in Indian Lake Estates is $69,007, 7% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Indian Lake Estates?
The median home value in Indian Lake Estates is $233,100, compared with $359,000 in Florida.
Is Indian Lake Estates, FL a good place to live?
Pluses: home values 35% lower than the state median; unemployment of 3.1%; a poverty rate of 5.7%. Minuses: median household income 7% lower than the Florida median; an average commute of 54 minutes.
What is the median age in Indian Lake Estates?
The median age in Indian Lake Estates is 58.5 years (Florida: 42.6).
How long is the commute in Indian Lake Estates?
The average commute to work in Indian Lake Estates is 54 minutes; 17.9% of workers work from home.
What is the unemployment rate in Indian Lake Estates?
The unemployment rate in Indian Lake Estates is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Indian Lake Estates?
5% of adults in Indian Lake Estates have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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