Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Lake Kathryn

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

Median Home$179,601
Median Rent$956/month
Population1,497
Leading IndustriesArts, Food & Hospitality · Healthcare · Education20% arts, food & hospitality
Home Value Growth⬆⬆+17.8% over 2 years
Retirees49% of residentstop 1% nationally
Homeowners74% of occupied units
NotableHighly Educated32% bachelor's · 23% graduate · top 6% nationally
NotableVeteran Community9% of residents · top 22% nationally
Lake Kathryn
FL

Frequently Asked Questions

What are today's mortgage rates in Lake Kathryn?

As of today, the 30-year fixed mortgage rate for Lake Kathryn is approximately 6.787% (6.819% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Lake Kathryn
What is the median home price in Lake Kathryn?

The median home value in Lake Kathryn is $180k. The median monthly rent is $956. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Kathryn?

Home values in Lake Kathryn have increased 17.8% 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 Lake Kathryn?

Based on a typical all-in ownership cost of $767/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Kathryn is $65k/year.

Calculate your buying power
What industries drive the economy in Lake Kathryn?

The largest employment sectors in Lake Kathryn are public administration (26%) and healthcare (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.