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Lakeland

Learn about the people, housing, costs and businesses in Lakeland, Georgia

Median Home$158,100
Median Rent$879/month
Population2,856
Leading IndustriesRetail · Finance & Insurance · Information & Media21% retail
Family-Friendly23% of residentsnear the national average
Homeowners57% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Lakeland
GA

Frequently Asked Questions

What are today's mortgage rates in Lakeland?

As of today, the 30-year fixed mortgage rate for Lakeland is approximately 6.955% (6.993% 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 Lakeland?

The median home value in Lakeland is $158k. The median monthly rent is $879. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $832/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lakeland is $32k/year.

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What industries drive the economy in Lakeland?

The largest employment sectors in Lakeland are retail (21%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.