Living in Lake Mystic, Florida
Cost of living, income, home prices, rent and demographics of Lake Mystic · Census data 2020–2024
Lake Mystic has 601 residents with a median age of 48.2. The median household income is $60,476 (19% lower than the Florida median), the median home value is $300,000, the median rent is $850/month.
Lake Mystic is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lake Mystic at a glance
- Population
- 601
- Median age
- 48.2State: 42.6
- Median household income
- $60,476State: $74,568
- Median home value
- $300,000State: $359,000
- Median rent
- $850/moState: $1,669
- Homeowners
- 53.6%
- Bachelor's degree or higher
- 43%
- Average commute
- 13 min
Is Lake Mystic a good place to live?
Pros: Home values 16% lower than the state median; an average commute of 13 minutes; a poverty rate of 3.7%.
Cons: Median household income 19% lower than the Florida median; unemployment of 13.6%.
The weather is best in March–April and October–November.
Cost of living in Lake Mystic
Housing is the biggest part of the cost of living. In Lake Mystic the median home value is $300,000, 10% lower than the U.S. median. Renters pay a median of $850 per month, which is 21.8% of household income. Homeowners with a mortgage pay $1,574 a month in housing costs.
Lake Mystic median household income
The median household income in Lake Mystic is $60,476 and the income per person is $42,317. 3.7% of residents live below the poverty line (Florida: 12.6%).
Housing in Lake Mystic: homes for sale and rent
- Housing units
- 432
- Owner-occupied
- 53.6%
- Renter-occupied
- 46.4%
- Vacant
- 30.1%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 1.99
30.1% of homes are vacant most of the year, a sign that Lake Mystic has many vacation and second homes.
Lake Mystic demographics
- Population
- 601
- Median age
- 48.2
- Under 18
- 12.6%
- 65 and older
- 30.1%
- Households
- 302
- Foreign-born
- 3%
- Veterans
- 2.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Mystic ›
Education in Lake Mystic
43% of adults 25 and older in Lake Mystic have a bachelor's degree or higher (Florida: 34.1%), and 14.5% have a graduate or professional degree.
Jobs and commute in Lake Mystic
- Unemployment rate
- 13.6%State: 4.8%
- Average commute
- 13 minState: 28 min
- Work from home
- 8.3%
- Drive alone
- 68.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Lake Mystic vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Mystic | 601 | $60,476 | $300,000 | $850 |
| Bristol | 1,020 | $47,689 | $118,600 | $935 |
| Blountstown | 3,136 | $51,762 | $158,700 | — |
| Hosford | 982 | $97,386 | $138,400 | $956 |
| Altha | 457 | $29,583 | $84,500 | $900 |
| Greensboro | 949 | $47,885 | $132,500 | $735 |
| Gretna | 1,342 | $35,903 | $112,500 | $651 |
| Wewahitchka | 1,884 | $43,674 | $185,800 | $825 |
| Grand Ridge | 997 | $68,750 | $106,500 | $902 |
More for people moving to Lake Mystic
Lake Mystic ZIP code ›Weather and climate ›Living in Lake Mystic: FAQ
What is the median household income in Lake Mystic, FL?
The median household income in Lake Mystic is $60,476, 19% 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 Lake Mystic?
The median home value in Lake Mystic is $300,000, compared with $359,000 in Florida.
How much is rent in Lake Mystic?
The median gross rent in Lake Mystic is $850 per month, about 21.8% of household income.
Is Lake Mystic, FL a good place to live?
Pluses: home values 16% lower than the state median; an average commute of 13 minutes; a poverty rate of 3.7%. Minuses: median household income 19% lower than the Florida median; unemployment of 13.6%.
What is the median age in Lake Mystic?
The median age in Lake Mystic is 48.2 years (Florida: 42.6).
How long is the commute in Lake Mystic?
The average commute to work in Lake Mystic is 13 minutes; 8.3% of workers work from home.
What is the unemployment rate in Lake Mystic?
The unemployment rate in Lake Mystic is 13.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Mystic?
43% of adults in Lake Mystic 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.
Last updated: