HomeFloridaSeminole CountyLake Mary
Lake Mary, Florida: commercial real estate data.
Lake Mary is a Census city of 16,860 people across 9.08 square miles of land, in Seminole County. Median household income is $109,173, 62.9 percent of occupied homes are owned, and the SBA record carries 71 7(a) approvals to borrowers here worth $43.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lake Mary
What Lake Mary is
- Census place typecity
- Land area9.08 sq mi
- Water area0.8 sq mi
- Population per square mile of land1,858
- County holding the largest share of its areaSeminole 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 Mary
How many people live in Lake Mary
- Population16,860
- Median age43.8
- Population under 183,089
- Share under 1818.3 percent
- Population 65 and over3,308
- Share 65 and over19.6 percent
- Households6,913
- Family households4,568
- Share of households that are families66.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Mary
Income and work in Lake Mary
- Median household income$109,173
- Per capita income$59,681
- Civilian labor force9,525
- Employed9,276
- Unemployed249 plus or minus 130
- Unemployment rate2.6 percent plus or minus 1.4
- Adults 25 and over12,736
- Adults 25 and over with a high school diploma or higher95.6 percent
- Adults 25 and over with a bachelor degree or higher50.9 percent
- Adults 25 and over with a graduate degree18.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Mary
Housing in Lake Mary
- Housing units7,412
- Occupied units6,913
- Vacant units499 plus or minus 234
- Vacancy rate6.7 percent plus or minus 3.1
- Owner occupied4,346
- Renter occupied2,567
- Ownership rate62.9 percent
- Median owner-occupied home value$494,900
- Median gross rent, monthly$2,120
- Annual rent as a share of median income23.3 percent
- Single family units4,759
- Share single family64.2 percent
- Units in buildings of two or more2,328 plus or minus 524
- Share in buildings of two or more31.4 percent plus or minus 6.8
- Mobile homes325 plus or minus 145
- Median year structure built1997
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Mary
How Lake Mary gets to work
- Workers 16 and over who commute6,741
- Commuting under 15 minutes2,114 plus or minus 566
- Share commuting under 15 minutes31.4 percent plus or minus 8.0
- Commuting 30 minutes or more2,534
- Share commuting 30 minutes or more37.6 percent
- Drove alone62.9 percent
- Carpooled7.2 percent plus or minus 3.4
- Public transport0.5 percent plus or minus 0.6
- Walked1.2 percent plus or minus 1.0
- Worked from home26.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Mary
SBA loans in Lake Mary (7(a))
- Approvals71
- Gross approval$43,115,800
- Average approval$607,265
- Median approval$350,000
- Ninetieth percentile approval$1,410,000
- Largest approval$3,745,000
- Jobs supported1,348
- Jobs per approval19.0
- Loans with a final outcome18
- Paid in full17
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more8.5 percent
- Share to franchises22.5 percent
- Distinct lenders31
- Distinct industries by NAICS41
Counted by borrower city: approvals to borrowers whose address is in Lake Mary, in any county, FY2020 to FY2026. Only 18 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lake Mary
SBA loans in Lake Mary (504)
- Approvals32
- Gross approval$19,769,000
- Average approval$617,781
- Median approval$385,500
- Largest approval$4,977,000
- Jobs supported224
- Loans with a final outcome7
- Charged off0
- Median term300 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Lake Mary, in any county, FY2010 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake Mary
Flood risk in Lake Mary
- NFIP communityCity of Lake Mary
- NFIP community number120416
- Participating in the NFIPYes
- Community Rating System classClass 5
- Currently effective map date09/28/07
The City of Lake Mary participates in the National Flood Insurance Program as community 120416 and carries Community Rating System class 5, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Seminole County, not Lake Mary
Seminole County context, not Lake Mary figures
- Establishments in Seminole County14,897
- Covered employment, Seminole County213,221
- Average annual pay, Seminole County$65,449
- Housing units permitted, Seminole County2,280
Every figure in this section is published for Seminole County as a whole and is not a measurement of Lake Mary.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Lake Mary questions, answered from the record.
How many people live in Lake Mary, Florida?
16,860, in 6,913 households. Lake Mary city covers 9.08 square miles of land, which is 1,858 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Mary in?
Seminole 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 Mary?
$109,173. The median owner-occupied home is valued at $494,900. Median gross rent is $2,120 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 Mary businesses?
71 7(a) approvals totaling $43.1 m since FY2020, across 31 lenders, median approval $350,000, plus 32 504 approvals worth $19.8 m since FY2010. These count approvals to borrowers whose address is in Lake Mary, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake Mary borrowers get paid back?
No rate is published for Lake Mary. Only 18 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Lake Mary in the National Flood Insurance Program?
Yes. Lake Mary appears in the FEMA Community Status Book as Lake Mary, city of, community 120416, carrying Community Rating System class 5, which is a premium discount for exceeding the program 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 Mary figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Seminole 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 Mary.
Is zoning published for Lake Mary?
No. Nothing on this page presents parcel level zoning.