HomeFloridaPolk CountyLakeland city
Lakeland city, Florida: commercial real estate data.
Lakeland city is a Census city of 119,961 people across 66.58 square miles of land, in Polk County. Median household income is $64,185, 56.4 percent of occupied homes are owned, and the SBA record carries 283 7(a) approvals to borrowers here worth $166.5 m.
83 sourced place values · tier FULL · 9 sections
Lakeland
What Lakeland is
- Census place typecity
- Land area66.58 sq mi
- Water area8.77 sq mi
- Population per square mile of land1,802
- 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.
Lakeland
How many people live in Lakeland
- Population119,961
- Median age38.9
- Population under 1822,810
- Share under 1819.0 percent
- Population 65 and over25,793
- Share 65 and over21.5 percent
- Households47,816
- Family households27,833
- Share of households that are families58.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lakeland
Income and work in Lakeland
- Median household income$64,185
- Per capita income$35,902
- Civilian labor force56,674
- Employed54,111
- Unemployed2,563
- Unemployment rate4.5 percent
- Adults 25 and over82,141
- Adults 25 and over with a high school diploma or higher91.5 percent
- Adults 25 and over with a bachelor degree or higher29.4 percent
- Adults 25 and over with a graduate degree11.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lakeland
Housing in Lakeland
- Housing units54,896
- Occupied units47,816
- Vacant units7,080
- Vacancy rate12.9 percent
- Owner occupied26,956
- Renter occupied20,860
- Ownership rate56.4 percent
- Median owner-occupied home value$249,400
- Median gross rent, monthly$1,395
- Annual rent as a share of median income26.1 percent
- Single family units29,429
- Share single family53.6 percent
- Units in buildings of two or more17,136
- Share in buildings of two or more31.2 percent
- Mobile homes8,229
- Median year structure built1983
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lakeland
How Lakeland gets to work
- Workers 16 and over who commute45,744
- Commuting under 15 minutes13,775
- Share commuting under 15 minutes30.1 percent
- Commuting 30 minutes or more12,469
- Share commuting 30 minutes or more27.3 percent
- Drove alone70.4 percent
- Carpooled8.0 percent
- Public transport0.8 percent plus or minus 0.6
- Walked3.1 percent plus or minus 0.7
- Worked from home14.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lakeland
SBA 7(a) lending to Lakeland borrowers
- Approvals283
- Gross approval$166,481,000
- Average approval$588,272
- Median approval$299,100
- Ninetieth percentile approval$1,420,000
- Largest approval$5,000,000
- Jobs supported3,712
- Jobs per approval13.1
- Loans with a final outcome40
- Paid in full39
- Charged off1
- Charge-off rate over resolved loans2.5 percent
- Median term120 months
- Share on real estate terms of 20 years or more18.0 percent
- Share to franchises18.4 percent
- Distinct lenders73
- Distinct industries by NAICS125
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lakeland
SBA 504 lending to Lakeland borrowers
- Approvals88
- Gross approval$66,797,000
- Average approval$759,057
- Median approval$502,000
- Largest approval$4,208,000
- Jobs supported750
- Loans with a final outcome24
- Charged off2
- Charge-off rate over resolved loans8.3 percent
- Median term300 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lakeland
Flood programme status in Lakeland
- Listed NFIP communities1
- Of those, participating1
- Best Community Rating System classClass 7
- NFIP community number120267
- Currently effective map date12/22/16
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Polk County, not Lakeland
Polk County context, not Lakeland 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 Lakeland 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 Lakeland. 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
Lakeland questions, answered from the record.
How many people live in Lakeland, Florida?
119,961, in 47,816 households. Lakeland city covers 66.58 square miles of land, which is 1,802 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lakeland 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 Lakeland?
$64,185. The median owner-occupied home is valued at $249,400. Median gross rent is $1,395 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lakeland businesses?
283 7(a) approvals totalling $166.5 m, across 73 lenders, median approval $299,100, plus 88 504 approvals worth $66.8 m. These count approvals to borrowers whose address is in Lakeland, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lakeland borrowers get paid back?
Of the 40 loans that have reached a final outcome, 39 were paid in full and 1 charged off, a charge off rate of 2.5 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Lakeland in the National Flood Insurance Program?
Yes. Lakeland appears in the FEMA Community Status Book as community 120267, carrying Community Rating System class 7, 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 Lakeland 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 Lakeland.
Is zoning published for Lakeland?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.