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The total population of Lake Alfred is estimated to be 6,555 with 3,001 males (45.78%) and 3,554 females (54.22%). There are 553 more females than males in Lake Alfred.
The median household income in Lake Alfred was $52,103 in 2021, which marked an an increase of 1,436(2.83%) from $50,667 in 2020. This income is 69.84% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lake Alfred sees its highest median household income among householders in the age group of 25 to 44 years old, at $65,010. Overall, the median household income for the city of Lake Alfred stands at $52,103.
In Lake Alfred, the median income for all workers aged 15 years and older, regardless of work hours, was $29,097 for males and $27,698 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $43,867 for males and $38,562 for females.
In Lake Alfred, there are just two different racial groups among households. Among these, White households report a median household income of $59,257, while Black or African American households have a median household income of $32,036.
In 2022, the population of Lake Alfred was 7,101, a 6.69% increase year-by-year from 2021. Previously, in 2021, Lake Alfred's population was 6,656, an increase of 1.62% compared to a population of 6,550 in 2020.
The median age in Lake Alfred, FL is 38.5, as per 2021 ACS 5-Year Estimates. Of the total population, 17.85% were under the age of 15, 15.33% aged 15 to 29, 49.73% aged 30 to 64, 13.72% aged 65 to 84, and 3.37% were 85 years of age and older.
Racial distribution of Lake Alfred population: 57.02% are White, 18.88% are Black or African American, 8.80% are Asian, 5.54% are some other race and 9.76% are multiracial.