Lakeland, TN
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

Living In Lakeland, Tennessee Summary

Life in Lakeland research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Lakeland over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Lakeland:

  • The population in Lakeland is 13,811.

  • The median home value in Lakeland is $436,028.

  • The median income in Lakeland is $108,206.

  • The cost of living in Lakeland is 104 which is 1.0x higher than the national average.

  • The median rent in Lakeland is $1,480.

  • The unemployment rate in Lakeland is 3.1%.

  • The poverty rate in Lakeland is 4.9%.

  • The average high in Lakeland is 71.5° and the average low is 51.0°.

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Lakeland SnackAbility

7
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8.5
Diversity
8
Safety
N/A
Amenities
7
Education
9
Commute
6
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Lakeland, TN Cost Of Living

Cost of living in Lakeland summary. We use data on the cost of living to determine how expensive it is to live in Lakeland. Real estate prices drive most of the variance in cost of living around Tennessee. Key points include:

  • The cost of living in Lakeland is 104 with 100 being average.

  • The cost of living in Lakeland is 1.0x higher than the national average.

  • The median home value in Lakeland is $436,028.

  • The median income in Lakeland is $108,206.

104
Lakeland's Overall Cost Of Living
1.0x
Higher Than The National Average

Cost Of Living In Lakeland Comparison Table

Living Expense Lakeland Tennessee National Average
Overall 104 90 100
Services 87 93 100
Groceries 94 96 100
Health 86 88 100
Housing 132 82 100
Transportation 92 90 100
Utilities 91 93 100

Lakeland, TN Weather

  • The average high in Lakeland is 71.5° and the average low is 51.0°.

  • There are 75.3 days of precipitation each year.

  • Expect an average of 53.0 inches of precipitation each year with 2.5 inches of snow.

StatLakeland
Average Annual High71.5
Average Annual Low51.0
Annual Precipitation Days75.3
Average Annual Precipitation53.0
Average Annual Snowfall2.5
71.5°
Average High
75.3°
Days of Rain

Lakeland, TN Photos

Welcome To Memphis Us
Source: Public Domain
Fedex Md Nfe
Source: Wikipedia User Alan Radecki Akradecki | GFDL
Southland Greyhound Park
Source: Wikipedia User Thomas R Machnitzki (DoxT | GFDL
Memphistrolley
Source: Wikipedia User JeremyA | CC BY-SA 2.5

Rankings for Lakeland in Tennessee

Locations Around Lakeland

Map Of Lakeland, TN

Best Places Around Lakeland

1

Germantown, TN
Population 41,094

2

Collierville, TN
Population 51,170

3

Arlington, TN
Population 14,342

4

Bartlett, TN
Population 57,481

5

Oakland, TN
Population 9,139

6

Atoka, TN
Population 10,070

7

Munford, TN
Population 6,357

8

Millington, TN
Population 10,558

9

Memphis, TN
Population 630,027

Lakeland Demographics And Statistics

Population over time in Lakeland

The current population in Lakeland is 13,811. The population has increased 20.1% from 2010.

Year Population % Change
2022 13,811 9.4%
2021 12,628 0.0%
2020 12,623 0.7%
2019 12,541 -0.1%
2018 12,556 0.1%
2017 12,549 1.0%
2016 12,426 1.7%
2015 12,218 2.6%
2014 11,903 3.5%
2013 11,503 -

Race / Ethnicity in Lakeland

White
75.6% (10,447)
African American
12.0% (1,661)
American Indian
0.0% (0)
Asian
4.8% (662)
Hawaiian
0.0% (0)
Other
0.3% (36)
Two Or More
2.1% (288)
Hispanic
5.2% (717)

Lakeland is:

  • 75.6% White with 10,447 White residents.

  • 12.0% African American with 1,661 African American residents.

  • 0.0% American Indian with 0 American Indian residents.

  • 4.8% Asian with 662 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.3% Other with 36 Other residents.

  • 2.1% Two Or More with 288 Two Or More residents.

  • 5.2% Hispanic with 717 Hispanic residents.

Race Lakeland TN USA
White 75.6% 72.6% 58.9%
African American 12.0% 16.1% 12.1%
American Indian 0.0% 0.1% 0.6%
Asian 4.8% 1.8% 5.7%
Hawaiian 0.0% 0.0% 0.2%
Other 0.3% 0.3% 0.4%
Two Or More 2.1% 3.0% 3.5%
Hispanic 5.2% 6.0% 18.7%

Gender in Lakeland

Female
47.5% (6,562)
Male
52.5% (7,248)
  • Lakeland is 47.5% female with 6,562 female residents.

  • Lakeland is 52.5% male with 7,248 male residents.

Gender Lakeland TN USA
Female 47.5% 50.9% 50.4%
Male 52.5% 49.1% 49.6%

Highest level of educational attainment in Lakeland for adults over 25

  • 2.0% of adults in Lakeland completed < 9th grade.

  • 1.0% of adults in Lakeland completed 9-12th grade.

  • 16.0% of adults in Lakeland completed high school / ged.

  • 21.0% of adults in Lakeland completed some college.

  • 8.0% of adults in Lakeland completed associate's degree.

  • 31.0% of adults in Lakeland completed bachelor's degree.

  • 16.0% of adults in Lakeland completed master's degree.

  • 3.0% of adults in Lakeland completed professional degree.

  • 2.0% of adults in Lakeland completed doctorate degree.

< 9th Grade
2.0% (276)
9-12th Grade
1.0% (138)
High School / GED
16.0% (2,209)
Some College
21.0% (2,900)
Associate's Degree
8.0% (1,104)
Bachelor's Degree
31.0% (4,281)
Master's Degree
16.0% (2,209)
Professional Degree
3.0% (414)
Doctorate Degree
2.0% (276)
Education Lakeland TN USA
< 9th Grade 2.0% 4.0% 4.0%
9-12th Grade 1.0% 7.0% 6.0%
High School / GED 16.0% 31.0% 26.0%
Some College 21.0% 20.0% 20.0%
Associate's Degree 8.0% 8.0% 9.0%
Bachelor's Degree 31.0% 19.0% 21.0%
Master's Degree 16.0% 8.0% 10.0%
Professional Degree 3.0% 2.0% 2.0%
Doctorate Degree 2.0% 1.0% 2.0%

Household Income For Lakeland, Tennessee

  • 2.4% of households in Lakeland earn Less than $10,000.

  • 0.4% of households in Lakeland earn $10,000 to $14,999.

  • 6.8% of households in Lakeland earn $15,000 to $24,999.

  • 3.7% of households in Lakeland earn $25,000 to $34,999.

  • 7.2% of households in Lakeland earn $35,000 to $49,999.

  • 10.8% of households in Lakeland earn $50,000 to $74,999.

  • 12.1% of households in Lakeland earn $75,000 to $99,999.

  • 25.8% of households in Lakeland earn $100,000 to $149,999.

  • 12.1% of households in Lakeland earn $150,000 to $199,999.

  • 18.7% of households in Lakeland earn $200,000 or more.

Less than $10,000
2.4% (33,803)
$10,000 to $14,999
0.4% (5,633)
$15,000 to $24,999
6.8% (94,434)
$25,000 to $34,999
3.7% (50,972)
$35,000 to $49,999
7.2% (99,531)
$50,000 to $74,999
10.8% (148,626)
$75,000 to $99,999
12.1% (166,601)
$100,000 to $149,999
25.8% (356,274)
$150,000 to $199,999
12.1% (167,137)
$200,000 or more
18.7% (258,084)
Income Lakeland TN USA
Less than $10,000 2.4% 5.3% 4.9%
$10,000 to $14,999 0.4% 4.5% 3.8%
$15,000 to $24,999 6.8% 8.4% 7.0%
$25,000 to $34,999 3.7% 8.5% 7.4%
$35,000 to $49,999 7.2% 12.8% 10.7%
$50,000 to $74,999 10.8% 17.6% 16.1%
$75,000 to $99,999 12.1% 13.2% 12.8%
$100,000 to $149,999 25.8% 15.7% 17.1%
$150,000 to $199,999 12.1% 6.7% 8.8%
$200,000 or more 18.7% 7.3% 11.4%

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