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The total population of Lake Park is estimated to be 8,996 with 4,201 males (46.70%) and 4,795 females (53.30%). There are 594 more females than males in Lake Park.
The median household income in Lake Park was $65,538 in 2021, which marked an an increase of 6,173(10.40%) from $59,365 in 2020. This income is 87.85% 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 Park sees its highest median household income among householders in the age group of 45 to 64 years old, at $76,465. Overall, the median household income for the town of Lake Park stands at $65,538.
In Lake Park, the median income for all workers aged 15 years and older, regardless of work hours, was $36,311 for males and $26,713 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,083 for males and $39,183 for females.
In Lake Park, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $85,981, while Black or African American households represent the opposite end with the lowest median household income of $48,827.
In 2022, the population of Lake Park was 8,981, a 0.20% decrease year-by-year from 2021. Previously, in 2021, Lake Park's population was 8,999, a decline of 0.63% compared to a population of 9,056 in 2020.
The median age in Lake Park, FL is 35.5, as per 2021 ACS 5-Year Estimates. Of the total population, 23.68% were under the age of 15, 19.13% aged 15 to 29, 43.30% aged 30 to 64, 12.17% aged 65 to 84, and 1.73% were 85 years of age and older.
Racial distribution of Lake Park population: 31.87% are White, 54.63% are Black or African American, 0.40% are Asian, 0.95% are some other race and 12.15% are multiracial.