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East Lake

Learn about the people, housing, costs and businesses in East Lake, Florida

Median Home$504,573
Median Rent$2,064/month
Population33,175
Leading IndustriesArts, Food & Hospitality · Healthcare · Education13% arts, food & hospitality
Home Value Growth⬆⬆⬆+22.5% over 2 years
Retirees27% of residentsabove average nationally
Homeowners83% of occupied units
NotableHighly Educated30% bachelor's · 13% graduate · top 9% nationally
NotableHigh Incomes$106k/year · top 14% nationally
East Lake
FL

Frequently Asked Questions

What are today's mortgage rates in East Lake?

As of today, the 30-year fixed mortgage rate for East Lake is approximately 6.855% (6.890% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in East Lake?

The median home value in East Lake is $505k. The median monthly rent is $2,064. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in East Lake?

Home values in East Lake have increased 22.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in East Lake?

Based on a typical all-in ownership cost of $1,769/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $76k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in East Lake is $106k/year.

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What industries drive the economy in East Lake?

The largest employment sectors in East Lake are public administration (23%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.