Pros and Cons of Living In Lakeland, Tennessee. Is Lakeland, TN a Nice Place To Live or Retire?

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Lakeland, Tennessee

Moving to Lakeland In Tennessee ? Is Lakeland, TN a Nice Place To Live? Pros and Cons of Living in Lakeland, Tennessee. Find out the best and worst about to live, raise a family or retire in Lakeland.

Lakeland is a city in Shelby County, Tennessee, United States, and a part of the Memphis metropolitan area. The population was 12,430 at the 2010 census.

DEMOGRAPHICS

Population
12644
Unemployment
3.7%
21% NAT AVG.
Poverty
5.7%
59% NAT AVG.
Cost Of Living
103
3% NAT AVG.

ECONOMICS

Median Home Cost
$279200
21% NAT AVG.
Median Income
$106211
57% NAT AVG.
Median Rent
$1138
2% NAT AVG.
Overall Score
7

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 18
Unemployed People
1 in 27
People Earning < $10,000
1 in 59
People Earning < $50,000
18.7%
People With Any Degree
1 in 1.8

ETHNICITY

Ethnicity Lakeland USA
White 76.8% 60.1%
African American 9% 12.2%
American Indian 0% 0.6%
Asian 2.3% 5.6%
Hawaiian 0% 0.2%
Multiracial 0.3% 2.8%
Hispanic 11.3% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Lakeland USA
Less than $10,000 1.7% 5.8%
$10,000 to $14,999 0.4% 4.1%
$15,000 to $24,999 6.8% 8.5%
$25,000 to $34,999 6.4% 8.6%
$35,000 to $49,999 3.4% 12.0%
$50,000 to $74,999 14.3% 17.2%
$75,000 to $99,999 13.6% 12.8%
$100,000 to $149,999 25.8% 15.6%
$150,000 to $199,999 12.6% 7.1%

EDUCATION

Education Lakeland USA
< 9th Grade 2% 5.0%
9-12th Grade 2% 7.0%
High School or GED 19% 27.0%
Other College 21% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 30% 20.0%
Master's Degree 14% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 2% 1.0%
Lakeland is a city in Tennessee state in USA with a population of 12644 residents.. The poverty rate of Lakeland is 5.7%, which is 59% lower than national average. The typical household in Lakeland earns $106211 a year, compared to the national median of $67,500. Nearly 18.7% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Lakeland remained 3.7%, which is 21% lower than national rate.

Cost of living in Lakeland is 103, which is 3% higher than national average. In Lakeland, only 48% of adults have a bachelor's degree and 29% have some college but no degree. Median home value in Lakeland is $279200 , which is 21% higher than national average. While median income in Lakeland remained $106211, which is 57% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Lakeland Scorecard

Jobs85%

Housing85%

Affordability85%

Safety70%

Amenities70%

Diversity80%

Education90%

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