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Sky Lake

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

Median Home$271,114
Median Rent$1,914/month
Population8,330
Leading IndustriesFinance & Insurance · Information & Media16% finance & insurance
Home Value Growth⬆⬆⬆+23.4% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners58% of occupied units
NotableAmenity Score72/100 · highly walkable area
Sky Lake
FL

Frequently Asked Questions

What are today's mortgage rates in Sky Lake?

As of today, the 30-year fixed mortgage rate for Sky Lake is approximately 6.952% (6.990% 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 Sky Lake?

The median home value in Sky Lake is $271k. The median monthly rent is $1,914. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sky Lake?

Home values in Sky Lake have increased 23.4% 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 Sky Lake?

Based on a typical all-in ownership cost of $1,308/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sky Lake is $66k/year.

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What industries drive the economy in Sky Lake?

The largest employment sectors in Sky Lake are information and media (18%) and finance and insurance (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.