Carrollwood vs Lake Magdalene

Side-by-side comparison of Carrollwood, FL and Lake Magdalene, FL - population, economics, education, health, hospitals, climate, and cost of living from official U.S. government data.

Reading a Carrollwood vs Lake Magdalene comparison, what matters, what doesn't

Carrollwood (33K residents in Florida) and Lake Magdalene (29K residents in Florida) differ first on the three numbers nearly every comparison starts with: median household income ($81,959 vs $75,594), median home value ($384,600 vs $371,800), and median rent ($1,715 vs $1,434 per month). Those three are highly correlated within a region but often decouple across regions because they respond to different levers, income tracks the local job market, home values track housing supply plus interest-rate pressure, and rent tracks short-run vacancy. Comparing all three at once is how you spot whether a city is "expensive because people earn a lot" or "expensive despite what they earn."

The second layer is the layer most headline comparisons skip. Poverty rate (8.4% vs 13%) and unemployment (4.5% vs 3.6%) describe the distribution under the median, which two cities with similar averages can present very differently. The share with a bachelor's degree or higher (44% vs 40.2%) is the single best proxy for income trajectory over the next decade.

Areazine renders each row with a national-average tick mark precisely so you can tell in one glance whether both cities are above/below the U.S. norm (they often are, cities with active residential markets self-select for certain profiles) rather than focusing on which is "better." For life decisions, where to relocate, where to retire, where to enroll a child in school, pair this page with the individual city profiles below, where health indicators, hospital ratings, school counts, and climate normals appear in full rather than as the compressed single row you see here.

Carrollwood
Florida
Pop: 33K
Income: $81,959
Home: $384,600
Lake Magdalene
Florida
Pop: 29K
Income: $75,594
Home: $371,800

Head-to-Head Summary

Side-by-side comparison of Carrollwood and Lake Magdalene on key metrics
Metric Carrollwood Lake Magdalene
Population 33K 29K
Median Household Income $81,959 $75,594
Median Home Value $384,600 $371,800
Median Rent $1,715/mo $1,434/mo
Poverty Rate 8.4% 13%
Unemployment Rate 4.5% 3.6%
Bachelor's Degree+ 44% 40.2%

Population

Source: U.S. Census Bureau ACS 2024 (5-year)
Population
33K
Population
29K
Median Age
39.8 yrs
Median Age
40.8 yrs
10-Year Pop Growth Same
+21%
10-Year Pop Growth
+21%

Economics

Source: U.S. Census Bureau ACS 2024 (5-year)
Median Household Income
$81,959
Median Household Income
$75,594
Median Home Value
$384,600
Median Home Value
$371,800
Median Rent
$1,715
Median Rent
$1,434
Poverty Rate
8.4%
Poverty Rate
13%
Unemployment Rate
4.5%
Unemployment Rate
3.6%
10-Year Income Growth Same
+60%
10-Year Income Growth
+60%

Education & Work

Source: U.S. Census Bureau ACS 2024 (5-year)
Bachelor's Degree or Higher
44%
Bachelor's Degree or Higher
40.2%
Work From Home
22.5%
Work From Home
18.8%
Public Transit
0.3%
Public Transit
0.4%

Health (CDC PLACES)

Source: CDC PLACES 2023
Frequent Mental Distress
14.6%
Frequent Mental Distress
15%
Obesity
29.6%
Obesity
30.2%
Physical Inactivity
22.1%
Physical Inactivity
23.1%
Smoking
10.2%
Smoking
11.1%
Lack of Health Insurance
14.9%
Lack of Health Insurance
14.5%

Healthcare

Source: CMS Hospital Compare 2024
Hospitals
0
Hospitals
0
Avg Hospital Rating
N/A
Avg Hospital Rating
N/A

Demographics

Race categories sum to 100%. Hispanic or Latino is an ethnicity that spans all race categories, shown separately per Census Bureau methodology.

Carrollwood Population
Race
White 59%
African American 7.8%
Asian 2.1%
Lake Magdalene Population
Race
White 61.2%
African American 6.4%
Asian 4.5%

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Data Sources

Population and economic data from the Census Bureau American Community Survey (2024 5-year estimates). Health data from the CDC PLACES (2023). Hospital data from CMS Hospital Compare (2024). Climate data from NOAA Climate Normals (1991–2020). Cost of living from BEA Regional Price Parities via FRED.

Related

Population is place-level (U.S. Census Bureau). Income, home value, rent, poverty and education are place-level American Community Survey figures; health from CDC PLACES, hospitals from CMS Hospital Compare, climate from NOAA Climate Normals, and cost of living from BEA Regional Price Parities. See our methodology for details.