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The total population of Tavares is estimated to be 19,088 with 8,780 males (46.00%) and 10,308 females (54.00%). There are 1,528 more females than males in Tavares.
The median household income in Tavares was $53,303 in 2021, which marked an an increase of 4,296(8.77%) from $49,007 in 2020. This income is 71.45% 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, Tavares sees its highest median household income among householders in the age group of 45 to 64 years old, at $74,664. Overall, the median household income for the city of Tavares stands at $53,303.
In Tavares, the median income for all workers aged 15 years and older, regardless of work hours, was $42,014 for males and $27,991 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $64,526 for males and $46,409 for females.
In Tavares, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Some Other Race households have the highest median household income at $111,437, while Two or More Races households represent the opposite end with the lowest median household income of $43,236.
In 2022, the population of Tavares was 20,372, a 3.14% increase year-by-year from 2021. Previously, in 2021, Tavares's population was 19,752, an increase of 3.86% compared to a population of 19,018 in 2020.
The median age in Tavares, FL is 54.1, as per 2021 ACS 5-Year Estimates. Of the total population, 13.48% were under the age of 15, 15.46% aged 15 to 29, 35.66% aged 30 to 64, 30.60% aged 65 to 84, and 4.79% were 85 years of age and older.
Racial distribution of Tavares population: 76.89% are White, 13.70% are Black or African American, 0.15% are American Indian and Alaska Native, 1.71% are Asian, 2.39% are some other race and 5.16% are multiracial.