Lake Mary 80 Exceptional
Lake Mary Livability #105 ranked city in Florida#1,474 ranked city in the USARanks better than 94% of areas

Pros and Cons of Living in Lake Mary

PROS
  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

  • Health & Safety

    Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.

  • Ratings

    Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.

CONS
  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

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What's it like Living in Lake Mary?

Lake Mary is a mid-sized city located in the state of Florida. The city has a population of 16,987 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (75% White). Given that fact, Lake Mary could be considered less diverse than other cities. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Lake Mary, your commute time will align closely with the national average, spanning a one-way duration of approximately 26 minutes.

Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Lake Mary could be a positive experience compared to other cities in Florida if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like amenities, crime, cost of living, commute, education and other key data points, finding the best places to live in Lake Mary and in the areas around Lake Mary is a much easier task.

With a livability score of 80/100, Lake Mary is ranked #1,329 in the United States and #94 in Florida. Based on this score, Lake Mary would be considered a very livable city! Lake Mary also ranks in the top 10 percent of all cities, which is no small feat! If we probe a little deeper into each category within the livability score, we see that Lake Mary has higher than average scores for the following: crime (A), education (A-), employment (A+) and housing (A+). The bad news for Lake Mary, there are some categories for which it does not score well, this includes: cost of living (D).

Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 128 crimes per 100,000 residents, Lake Mary has a violent crime rate that is far below the national average.

The unemployment rate in Lake Mary has consistently declined over the years and currently stands well below the national average at 1.53%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Lake Mary market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

Lake Mary real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lake Mary. Median real estate prices in Lake Mary come in at $329,700, which is 97.7% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Lake Mary, the home price to income ratio is 3.6, which is 5.9% higher than the Florida average.

Best Places to Live in and Around Lake Mary

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Compare Lake Mary, FL Livability

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      Lake Mary transportation information

      Statistic Lake Mary Florida National
      Average one way commute26min27min26min
      Workers who drive to work73.2%79.5%76.4%
      Workers who carpool8.9%9.3%9.3%
      Workers who take public transit0.6%2.1%5.1%
      Workers who bicycle0.2%0.7%0.6%
      Workers who walk0.8%1.5%2.8%
      Working from home13.8%5.4%4.6%
      Source: The Lake Mary, FL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).