HomeFloridaPolk CountyLake Alfred city
Lake Alfred city, Florida: commercial real estate data.
Lake Alfred city is a Census city of 7,277 people across 20.99 square miles of land, in Polk County. Median household income is $67,202, 70.1 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $675,000.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lake Alfred
What Lake Alfred is
- Census place typecity
- Land area20.99 sq mi
- Water area4.09 sq mi
- Population per square mile of land347
- County holding the largest share of its areaPolk County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Alfred
How many people live in Lake Alfred
- Population7,277
- Median age33.8
- Population under 181,849 plus or minus 442
- Share under 1825.4 percent plus or minus 6.1
- Population 65 and over1,215 plus or minus 304
- Share 65 and over16.7 percent plus or minus 4.2
- Households2,577
- Family households1,864
- Share of households that are families72.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Alfred
Income and work in Lake Alfred
- Median household income$67,202 plus or minus $19,104
- Per capita income$34,537
- Civilian labor force3,800
- Employed3,552
- Unemployed248 plus or minus 175
- Unemployment rate6.5 percent plus or minus 4.6
- Adults 25 and over5,035
- Adults 25 and over with a high school diploma or higher86.6 percent
- Adults 25 and over with a bachelor degree or higher24.4 percent plus or minus 6.2
- Adults 25 and over with a graduate degree7.2 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Alfred
Housing in Lake Alfred
- Housing units2,832
- Occupied units2,577
- Vacant units255 plus or minus 148
- Vacancy rate9.0 percent plus or minus 5.1
- Owner occupied1,806
- Renter occupied771 plus or minus 306
- Ownership rate70.1 percent
- Median owner-occupied home value$239,900
- Median gross rent, monthly$1,349 plus or minus $340
- Annual rent as a share of median income24.1 percent plus or minus 9.2
- Single family units2,024
- Share single family71.5 percent
- Units in buildings of two or more323 plus or minus 176
- Share in buildings of two or more11.4 percent plus or minus 6.1
- Mobile homes406 plus or minus 182
- Median year structure built1989
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Alfred
How Lake Alfred gets to work
- Workers 16 and over who commute3,006
- Commuting under 15 minutes551 plus or minus 265
- Share commuting under 15 minutes18.3 percent plus or minus 8.4
- Commuting 30 minutes or more1,367 plus or minus 411
- Share commuting 30 minutes or more45.5 percent plus or minus 12.0
- Drove alone68.0 percent
- Carpooled11.4 percent plus or minus 7.4
- Public transport0.0 percent
- Walked2.2 percent plus or minus 3.3
- Worked from home12.9 percent plus or minus 6.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Alfred
SBA loans in Lake Alfred (7(a))
- Approvals5
- Gross approval$675,000
- Average approval$135,000
- Median approval$75,000
- Ninetieth percentile approval$350,000
- Largest approval$350,000
- Jobs supported18
- Jobs per approval3.6
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more20.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS5
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lake Alfred
SBA loans in Lake Alfred (504)
- Approvals2
- Gross approval$1,081,000
- Average approval$540,500
- Median approval$637,000
- Largest approval$637,000
- Jobs supported45
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake Alfred
Flood risk in Lake Alfred
- Listed NFIP communities1
- Of those, participating1
- Best Community Rating System classClass 6
- NFIP community number120667
- Currently effective map date12/22/16
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Polk County, not Lake Alfred
Polk County context, not Lake Alfred figures
These are Polk County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lake Alfred measurements.
- Establishments in Polk County13,992
- Employment at those establishments, Polk County232,278
- Covered employment, Polk County260,590
- Average annual pay, Polk County$55,697
- Average weekly wage, Polk County$1,071
- Housing units permitted, Polk County10,384
- Of those, single family, Polk County8,514
- County product, 2024, Polk County$44,304,039,000
- County product change over the prior year, Polk County6.1 percent
- Average income of an arriving household, Polk County$56,052
Every figure in this section is published for Polk County as a whole and is not a measurement of Lake Alfred. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lake Alfred questions, answered from the record.
How many people live in Lake Alfred, Florida?
7,277, in 2,577 households. Lake Alfred city covers 20.99 square miles of land, which is 347 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Alfred in?
Polk County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lake Alfred?
$67,202. The median owner-occupied home is valued at $239,900. Median gross rent is $1,349 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lake Alfred businesses?
5 7(a) approvals totalling $675,000, across 3 lenders, median approval $75,000, plus 2 504 approvals worth $1.1 m. These count approvals to borrowers whose address is in Lake Alfred, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake Alfred borrowers get paid back?
No rate is published for Lake Alfred. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Lake Alfred in the National Flood Insurance Program?
Yes. Lake Alfred appears in the FEMA Community Status Book as community 120667, carrying Community Rating System class 6, which is a premium discount for exceeding the programme minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Lake Alfred figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Polk County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lake Alfred.
Is zoning published for Lake Alfred?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.