Lake Magdalene vs Carrollwood

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

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

Lake Magdalene (29K residents in Florida) and Carrollwood (33K residents in Florida) differ first on the three numbers nearly every comparison starts with: median household income ($75,594 vs $81,959), median home value ($371,800 vs $384,600), and median rent ($1,434 vs $1,715 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 (13% vs 8.4%) and unemployment (3.6% vs 4.5%) 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 (40.2% vs 44%) 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.

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

Head-to-Head Summary

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

Population

Source: U.S. Census Bureau ACS 2024 (5-year)
Population
29K
Population
33K
Median Age
40.8 yrs
Median Age
39.8 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
$75,594
Median Household Income
$81,959
Median Home Value
$371,800
Median Home Value
$384,600
Median Rent
$1,434
Median Rent
$1,715
Poverty Rate
13%
Poverty Rate
8.4%
Unemployment Rate
3.6%
Unemployment Rate
4.5%
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
40.2%
Bachelor's Degree or Higher
44%
Work From Home
18.8%
Work From Home
22.5%
Public Transit
0.4%
Public Transit
0.3%

Health (CDC PLACES)

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

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.

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

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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.