Is Lakeland, Tennessee a Good Place To Live? - Living In Lakeland, TN

Is Lakeland, Tennessee a good place to live?
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.

A high school education is a basic prerequisite for most jobs, and in Lakeland, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lakeland remained 3.7%, which is 21% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lakeland, only 48% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Lakeland is 103, which is 3% higher than national average. 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.
Population
12644
Unemployment
3.7%
21% NAT AVG.
Poverty
5.7%
59% NAT AVG.
Overall Score
7
Median Home Cost
$279200
21% NAT AVG.
Median Income
$106211
57% NAT AVG.
Median Rent
$1138
2% NAT AVG.
Cost Of Living
103
3% NAT AVG.
People Living BPL
1 in 18
Unemployed People
1 in 27
People Earning < $10,000
1 in 59
People Earning < $50,000
18.7%
People with <= High School
1 in 4.3
People With Any Degree
1 in 1.8
Pros & Cons Overview

Jobs85%

Housing85%

Affordability85%

Safety70%

Amenities70%

Diversity80%

Education90%

Commute60%