Moving to
Lake Magdalene.

All Lake Magdalene data Compare Lake Magdalene

32,083people live here $75,594median household incomeNear US average $1,434median rent per monthNear US average $371,800median home value▲ 12% above US

Lake Magdalene is an unincorporated community in Hillsborough County, FL. It has no city government: the county runs it, and the Census counts it as its own place.

What it's like to live in Lake Magdalene

Lake Magdalene is an unincorporated community in Florida with a highly educated workforce and schools with smaller class sizes than the national average. Those factors carry real weight for anyone weighing where to move next.

The tradeoffs are worth naming plainly. Lake Magdalene deals with air quality that falls short of national benchmarks, a rent burden that leaves many renters stretched thin, and hot summers.

The good

Highly educated workforce
Low student-teacher ratio

The not so good

Air quality concerns
High rent burden for renters
Hot summers

How Lake Magdalene compares

Median household income

Lake Magdalene$75,594

Florida avg$74,568

US$80,734

Median rent (per month)

Lake Magdalene$1,434

Florida avg$1,669

US$1,413

Median home value

Lake Magdalene$371,800

Florida avg$359,000

US$332,700

What it takes to move to Lake Magdalene

Based on Lake Magdalene's median rent, home value and household income

To rent

$2,868

up front: first month plus a typical one-month deposit

Income to keep rent under 30%: $57,360 a year
53% of Lake Magdalene renters spend 30% or more of their income on rent

To buy

$74,360

a 20% down payment on the median home

With 10% down: $37,180
Homes cost 4.9× the typical local household income (US: 4.1×)

Moving costs, closing costs and taxes not included.

The details

Cost of livingNear US average

$1,434/mo median rent

Rent is pretty middle of the road, at $1,434 a month median. Not a bargain, not a budget-buster. About typical for a city this size. Home prices run above average, with a median around $371,800. Buyers should expect to stretch their budget here.

Median home value $371,800 · 53% of renters cost-burdened

Job market

4.0% county unemployment

Unemployment in Hillsborough County is 4.0%, close to the national average of 4.3%. That's the county-wide rate; BLS doesn't measure a place this size on its own.

Hillsborough County (county-wide)

Safety

126 violent crimes per 100k, whole jurisdiction

Lake Magdalene doesn't have its own police department, so there's no crime rate for it alone. The figures shown are for the Hillsborough County Sheriff's Office jurisdiction as a whole, which runs below the national average for violent crime and covers many communities. Individual neighborhoods can differ a lot from that overall rate.

Property crime 436/100k · Policed by Hillsborough County Sheriff's Office (county-wide rate) · 2025 data

Getting aroundNear US average

27 min average commute

Commutes run about average, at 27.1 minutes. Fine day to day, but it adds up over a year, and where someone lives relative to where they work starts to matter. 8 in 10 workers drive to work; 19% work from home.

How workers get to work

Drive alone

71%

Work from home

19%

Carpool

7.9%

Other

1.3%

Walk

0.5%

Public transit

0.4%

Climate

Summers are hot and humid, with highs regularly hitting 91°F, and winters are mild, with lows rarely dropping below 55°F. Rainfall is regular throughout the year.

Average month

High °FLow °FPrecip (in)

30-year averages, 1991–2020

Education & workforce▲ 12% above US

40% bachelor's degree or higher

The population is well-educated, with 40% holding college degrees. That points to a strong professional base and generally a healthy local economy.

Schools

5 public schools inside the boundary

There are 5 public schools inside the boundary and 4 private schools. The student-to-teacher ratio is 14:1, well below the national average of 16:1. Smaller class sizes are generally a positive sign for a district.

Parks & recreation

The nearest national park or historic site is De Soto National Memorial (39 miles away).

Bottom line

Lake Magdalene's strongest point is a highly educated workforce; the main tradeoffs are air quality that falls short of national benchmarks and a rent burden that leaves many renters stretched thin. A year of median rent ($1,434/mo) equals 23% of the median household income here, about the same as the 21% typical nationwide. It tends to suit remote workers (19% of workers here already work from home) and college-educated professionals.

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