Living in Three Lakes, Florida
Cost of living, income, home prices, rent and demographics of Three Lakes · Census data 2020–2024
Three Lakes has 16,888 residents with a median age of 35.8. The median household income is $102,306 (37% higher than the Florida median), the median home value is $481,300, the median rent is $2,361/month.
Three Lakes at a glance
- Population
- 16,888
- Median age
- 35.8State: 42.6
- Median household income
- $102,306State: $74,568
- Median home value
- $481,300State: $359,000
- Median rent
- $2,361/moState: $1,669
- Homeowners
- 66.6%
- Bachelor's degree or higher
- 38.3%
- Average commute
- 33 min
Is Three Lakes a good place to live?
Pros: Median household income 37% higher than the Florida median; unemployment of 2.9%; a poverty rate of 9.9%.
Cons: Home values 34% higher than the state median; an average commute of 33 minutes.
The weather is best in November to February.
Cost of living in Three Lakes
Housing is the biggest part of the cost of living. In Three Lakes the median home value is $481,300, 45% higher than the U.S. median. Renters pay a median of $2,361 per month, which is 39.5% of household income. Homeowners with a mortgage pay $2,533 a month in housing costs.
Three Lakes median household income
The median household income in Three Lakes is $102,306 and the income per person is $39,506. 9.9% of residents live below the poverty line (Florida: 12.6%).
Housing in Three Lakes: homes for sale and rent
- Housing units
- 5,547
- Owner-occupied
- 66.6%
- Renter-occupied
- 33.4%
- Vacant
- 3.6%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 3.16
Three Lakes demographics
- Population
- 16,888
- Median age
- 35.8
- Under 18
- 23.4%
- 65 and older
- 10.8%
- Households
- 5,348
- Foreign-born
- 48.8%
- Veterans
- 1.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Three Lakes ›
Education in Three Lakes
38.3% of adults 25 and older in Three Lakes have a bachelor's degree or higher (Florida: 34.1%), and 9.5% have a graduate or professional degree.
Jobs and commute in Three Lakes
- Unemployment rate
- 2.9%State: 4.8%
- Average commute
- 33 minState: 28 min
- Work from home
- 14%
- Drive alone
- 75.1%
- Public transit
- 0.9%
- Walk to work
- 1.2%
- Homes with broadband
- 99.6%
Three Lakes vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Three Lakes | 16,888 | $102,306 | $481,300 | $2,361 |
| Richmond Heights | 9,992 | $67,606 | $378,100 | $1,801 |
| The Crossings | 22,963 | $91,012 | $463,300 | $2,103 |
| Country Walk | 19,291 | $124,540 | $547,000 | $2,732 |
| Palmetto Estates | 16,129 | $82,064 | $445,900 | $1,948 |
| Richmond West | 35,593 | $101,970 | $489,100 | $2,644 |
| West Perrine | 11,162 | $66,997 | $411,500 | $1,488 |
| Kendall | 79,562 | $87,325 | $567,900 | $1,905 |
| The Hammocks | 58,838 | $85,628 | $468,100 | $2,187 |
More for people moving to Three Lakes
Three Lakes ZIP code ›Weather and climate ›Living in Three Lakes: FAQ
What is the median household income in Three Lakes, FL?
The median household income in Three Lakes is $102,306, 37% higher 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 Three Lakes?
The median home value in Three Lakes is $481,300, compared with $359,000 in Florida.
How much is rent in Three Lakes?
The median gross rent in Three Lakes is $2,361 per month, about 39.5% of household income.
Is Three Lakes, FL a good place to live?
Pluses: median household income 37% higher than the Florida median; unemployment of 2.9%; a poverty rate of 9.9%. Minuses: home values 34% higher than the state median; an average commute of 33 minutes.
What is the median age in Three Lakes?
The median age in Three Lakes is 35.8 years (Florida: 42.6).
How long is the commute in Three Lakes?
The average commute to work in Three Lakes is 33 minutes; 14% of workers work from home.
What is the unemployment rate in Three Lakes?
The unemployment rate in Three Lakes is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Three Lakes?
38.3% of adults in Three Lakes 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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