Is Lake Magdalene, FL a Good Place to Live?
Lake Magdalene is a small city of 31,546 in Florida, with a median household income of $69,898 and a 3.4% unemployment rate. Its cost of living index is 103 (US average = 100), which is 3% above the national average.
Strengths: Lake Magdalene stands out for solid school ratings (B), a well-educated population.
Trade-offs: No major red flags stand out in the available data. Whether Lake Magdalene is right for you depends on your priorities — the full breakdown is below.
All Lake Magdalene city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 103.4Lake Magdalene's overall cost of living index is 103.4, where 100 represents the US national average. Living in Lake Magdalene costs roughly 3% more than the average American city.
| Metric | Lake Magdalene, FL | National Avg |
|---|---|---|
| Median Home Value | $306,800 | $244,900 |
| Median Monthly Rent | $1,218 | $1,163 |
| Homeownership Rate | 70.9% | 65.9% |
| Median Household Income | $69,898 | $74,755 |
Crime & Safety
Very SafeLake Magdalene's violent crime rate is 131.1 per 100,000 residents — 66% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Lake Magdalene is served primarily by HILLSBOROUGH. The student-to-teacher ratio is 19.7:1 (slightly above the national average of ~16:1).
| Metric | Lake Magdalene, FL | National Avg |
|---|---|---|
| School District | HILLSBOROUGH | — |
| Elementary Schools | 178 | — |
| Middle Schools | 41 | — |
| High Schools | 48 | — |
| Student/Teacher Ratio | 19.7:1 | 16:1 |
| Bachelor's Degree or Higher | 38.4% | 35.4% |
| High School Diploma or Higher | 93.7% | 91.1% |
Weather & Climate
Lake Magdalene sees average highs of 71.3°F in January and 91.0°F in July, with 56.4 inches of annual precipitation .
| Metric | Lake Magdalene, FL |
|---|---|
| Average High — January | 71.3°F |
| Average High — July | 91.0°F |
| Annual Precipitation | 56.4" |
| Annual Snowfall | Trace / None |
Demographics
| Metric | Lake Magdalene, FL | National Avg |
|---|---|---|
| Population | 31,546 | — |
| Median Age | 41.1 | 38.9 |
| Unemployment Rate | 3.4% | 3.7% |
| Avg Commute Time | 27.6 min | 26 min |
| White (non-Hispanic) | 71.5% | 59.3% |
| Black or African American | 7.4% | 13.6% |
| Hispanic or Latino | 14.6% | 18.9% |
| Asian | 3.8% | 6.3% |
| Under 18 | 21.1% | 22.2% |
| 65 and over | 19.9% | 16.8% |
Nearby Cities
ZIP Codes in Lake Magdalene
Lake Magdalene, FL is covered by 1 ZIP code: