Lakeland is a medium-sized city located in the state of Tennessee. With a population of 14,416 people and two associated neighborhoods, Lakeland is the 43rd largest community in Tennessee. Much of the housing stock in Lakeland was built relatively recently. The construction of new real estate can often be taken as an indication that the local Lakeland economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Lakeland, where the median household income is $116,250.00.

Lakeland real estate is some of the most expensive in Tennessee, although Lakeland house values don't compare to the most expensive real estate in the U.S.

Also of interest is that Lakeland has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.00% 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.

Being a small city, Lakeland does not have a public transit system used by locals to get to and from work.

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Lakeland. 53.07% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

The per capita income in Lakeland in 2022 was $56,035, which is wealthy relative to Tennessee and the nation. This equates to an annual income of $224,140 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 Scottish.

The most common language spoken in Lakeland is English. Other important languages spoken here include Spanish and Slavic languages.