Located in the state of Florida, Lake Magdalene is a mid-sized city with a population of 33,029 inhabitants. With a population density of 3,229 people per square mile, Lake Magdalene is well above the nation's average density level. According to the most recent Census, 80% of Lake Magdalene residents are White, 7% Black and 3% Asian. Additionally, more than a quarter of the population of Lake Magdalene are of Hispanic or Latino origin, and 20% of the population also speak Spanish. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Lake Magdalene, your commute times will be about average, with a one way commute time of 28 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Lake Magdalene 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. Using the livability score which includes data from categories like amenities, commute, housing, you can easily compare the best places to live in Lake Magdalene and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lake Magdalene to Florida and the national average.
Lake Magdalene, FL receives 71 out of 100 for its livability score; this results in a ranking of #386 in Florida and #6,187 in the USA. If we probe a little deeper into each category within the livability score, we see that Lake Magdalene has higher than average grades for the following: crime (B+), cost of living (A-), employment (B+) and housing (A+). There is at least one category that does not have great scores in Lake Magdalene. The following was graded with a less than perfect score: amenities (F) and education (D).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Lake Magdalene has an unemployment rate of 2.7% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Lake Magdalene has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Lake Magdalene 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 Magdalene. The median home price for Lake Magdalene homes is $438,875, which is 46.5% higher than the Florida average. If we take a closer look at the affordability of homes in Lake Magdalene, we’ll see that the home price to income ratio is 4.4, which is 4.8% higher than the Florida average.
| Statistic | Lake Magdalene | Florida | National |
| Average one way commute | 28min | 27min | 26min |
| Workers who drive to work | 82.4% | 79.5% | 76.4% |
| Workers who carpool | 7.3% | 9.3% | 9.3% |
| Workers who take public transit | 1.0% | 2.1% | 5.1% |
| Workers who bicycle | 0.1% | 0.7% | 0.6% |
| Workers who walk | 0.4% | 1.5% | 2.8% |
| Working from home | 8.3% | 5.4% | 4.6% |
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