Quick facts
| Lake Mary | vs Seminole County | vs Florida | |
|---|---|---|---|
| Population | 16,789 (2025 estimate) | ||
| Growth since 2020 | -0.3% | -4.8 pts | -9.2 pts |
| Median home value | $494,900 | 28% higher | 38% higher |
| Median gross rent | $2,120 | 19% higher | 27% higher |
| Median household income | $109,173 | 27% higher | 46% higher |
| Owner occupied homes | 62.9% | -3.3 pts | -4.7 pts |
Census survey figures are 2020 to 2024 averages; methods.
Living in Lake Mary
Lake Mary is a city in Seminole County.
Lake Mary is an incorporated city in Seminole County, with its own zoning and rental rules.
Known for: American Automobile Association national office; Deloitte Consulting was the top employer in the 2021 financial report
How it has grown: Incorporated as a city on August 7, 1973. Frank Evans settled the area in 1882. The 2020 Census counted 16,798 residents. Source: Wikipedia, Lake Mary, Florida, accessed October 29, 2026.
Next to the rest of Seminole County, homes are pricier than the county median ($494,900 vs $386,900); household incomes are higher ($109,173 vs $85,761); the Census median rent is $2,120, above the county's $1,783 and it grew slower than the county since 2020 (-0.3% vs 4.5%).
Cities with similar prices and rents: Miramar ($462,700, $2,117), Plantation ($483,500, $2,240), Maitland ($523,200, $2,071).
Growth and housing
Lake Mary changed -0.3% in population from 2020 to 2025 (county 4.5%, Florida 8.9%).
The housing mix is 0% detached houses and 0% larger buildings.
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $3,545 a year |
Buying a home in Lake Mary
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $541,287 |
| Conforming, one unit | $832,750 |
| Median home value here | $494,900 |
Price to income: 4.5x, compared with 4.5x for the county.
- Conventional: the most common loan in Seminole County.
- FHA: works for the typical $494,900 home here.
Investing in Lake Mary
Long term rentals
| Lake Mary | vs Seminole County | |
|---|---|---|
| Renter occupied homes | 37.1% | +3.3 pts |
Short term rentals
Seasonal and vacation homes: 0% of the stock, against 1% countywide.
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 5% |
| State sales tax | 6% plus any county surtax |
Confirm zoning, registration and HOA rules for the exact address. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 0% |
| Buildings with 5+ units | 0% |
| Manufactured homes | 0% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.