Apartments for rent in Lake Lorraine, FL

Lake Lorraine is a small town in Florida with a population of approximately 7,000. It's a nice place to settle down, as retirees make up a greater percentage of the population (20%) here than they do nationally (14%). Renters tend to be in the minority in the town, and 68% of residents own their homes. The average rent of $1,222/month is slightly above the state average.

Averaging about 21 minutes, the commute time for Lake Lorraine residents outperforms the state average of about 29 minutes. Many residents (43%) commute to work by car, while public transportation is not used extensively. Walking isn't a common means of commuting to work.

Lake Lorraine has a large concentration of residents over the age of 25 who have advanced degrees compared to the national average (7%), as 10% possess a Master's degree or a Doctorate. Further, 18% possess a Bachelor's degree, which also outpaces the national average. There are three primary industries in Lake Lorraine: entertainment, retail, and public administration. Together, these industries make up 21% of the town's labor force. Meanwhile, in terms of job function, 7% of residents work in sales, which ranks as the top career path in the town. With an average annual income of around $77,000, Lake Lorraine workers take home about $11,000 more than their peers elsewhere in Florida. Lake Lorraine's average income also compares favorably to the national average ($73,345).