Lakeland is a somewhat small city located in the state of Tennessee. With a population of 13,772 people and two associated neighborhoods, Lakeland is the 43rd largest community in Tennessee.
Lakeland home prices are not only among the most expensive in Tennessee, but Lakeland real estate also consistently ranks among the most expensive in America.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.08% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Lakeland is a great place for families with children to consider. First of all, many other families with children live here, making Lakeland a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lakeland has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lakeland’s overall crime rate is lower than average for the country.
Lakeland is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
If knowledge is power, Lakeland is a pretty powerful place. 51.88% of the adults in Lakeland have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Lakeland in 2022 was $48,883, which is wealthy relative to Tennessee and the nation. This equates to an annual income of $195,532 for a family of four.
Lakeland is a very ethnically-diverse city. The people who call Lakeland home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lakeland residents report their race to be White, followed by Black or African-American. Important ancestries of people in Lakeland include German, English, Irish, Italian, and European.
The most common language spoken in Lakeland is English. Other important languages spoken here include Spanish and Slavic languages.