Places/FL/Lake County, FL
County profile

Lake County, FL

United States · GDP 2024
#285 of 3,127 US counties by GDPtop-quartile growthmore diversified than 62% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$17.9B
BEA · 2024
GDP growth (YoY)
+9.1%
BEA · 2024
Jobs tracked
96,577
Census CBP · 2023
Employers
8,849
Census CBP · 2023
Avg. wage
$50.4k
BLS QCEW · 2023
Population
456,068
Census PEP · 2025
Labor, income & education
Unemployment
4.9%
Median HH income
$73.2k±$1.5k
Bachelor's degree+
27.8%±0.9%
Poverty rate
8.9%±0.7%
Business applications
7,994 · 2025
Retail establishments
1,135
25.6/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Small Business Development Group, Inc.Industrials$1.4M2Medixall Group, Inc.Healthcare$309.4k

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care28%
Retail trade26%
Food & accommodation18%
Construction15%
Other services7%
Admin & support6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
456,068
residents · 2025 · +18.1% since 2020
Income per capita $58.2k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+68,258
International migration+8,559
Natural change7,851

GDP trend

20192024 · nominal
$10.7B
2019
$11.4B
2020
$12.9B
2021
$14.4B
2022
$16.5B
2023
$17.9B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$318.4k±$5.1k
Median gross rent
$1.6k/mo±$49/mo
Vacancy rate
12.3%±0.9%
Affordability
6.3× wages
Residential permits
$1.5B
5,342 units · 11.7/1k pop
FEMA risk score
91.9
HUD Fair Market Rent (2BR):$2.0k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 99Lightning 97Tornado 97
FHFA HOUSE PRICE INDEX · 20162025
415
2016
449
2017
497
2018
527
2019
552
2020
632
2021
782
2022
834
2023
871
2024
891
2025
RESIDENTIAL PERMITS · 20212025
19% since 2021
4,505
2021
5,402
2022
6,316
2023
4,990
2024
5,342
2025

Transport access

BTS · FAA · USACE
Nearest interstate
32.4 km
I-4
Nearest freight rail
0.5 km
FCEN
Nearest port
98.5 km
PALATKA CITY DOCK
Nearest commercial airport
46.5 km
ORLANDO SANFORD INTL
Wage trend
BLS QCEW · 20192023
$50.4k
avg. annual pay · +29% since 2019
The read

What is the GDP of Lake?

Lake's economy produced $17.9B in 2024, growing 9.1% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.