Lakeland, TN
Demographics And Statistics

We take you around Lakeland to find out what it's like to call it home.

Living in Lakeland, Tennessee

Life in Lakeland research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Lakeland over the past nine years using Census, FBI, Zillow, and other primary data sources. Here's a snapshot of Lakeland based on the most recently available data.

14,192 Population
$445,695 Median home value
$116,250 Median income
113 Cost of living +13% vs US
$1,755 Median rent
2.8% Unemployment
Not sure Lakeland fits? Try our place-match quiz → Planning a move? Find movers to Lakeland, TN Get matched →

Lakeland SnackAbility

7
Overall SnackAbility
Jobs 8.5/10
Housing 8.5/10
Affordability 8.5/10
Diversity 8/10
SafetyN/A
Amenities 7/10
Education 9/10
Commute 6/10

Cost of living in Lakeland summary. We use data on the cost of living to determine how expensive it is to live in Lakeland. Real estate prices drive most of the variance in cost of living around Tennessee. Key points include:

  • The cost of living in Lakeland is 113 with 100 being average.

  • The cost of living in Lakeland is 1.1x higher than the national average.

  • The median home value in Lakeland is $445,695.

  • The median income in Lakeland is $116,250.

113
Lakeland's Overall Cost Of Living
1.1x
Higher Than The National Average
Lakeland
US

Cost Of Living In Lakeland Comparison Table

Living Expense Lakeland Tennessee National Average
Overall 113 94 100
Services 102 99 100
Groceries 98 96 100
Health 148 82 100
Housing 97 95 100
Transportation 94 99 100
Utilities 95 98 100
Protect your home budget Compare home warranties in Lakeland Get matched →

Source: Cost of living index, normalized to US average = 100

Lakeland, TN Weather

  • The average high in Lakeland is 71.5° and the average low is 51.0°.

  • There are 75.3 days of precipitation each year.

  • Expect an average of 53.0 inches of precipitation each year with 2.5 inches of snow.

StatLakeland
Average Annual High71.5
Average Annual Low51.0
Annual Precipitation Days75.3
Average Annual Precipitation53.0
Average Annual Snowfall2.5
71.5°
Average High
75.3
Days of Rain

Source: NOAA climate normals (30-year)

Lakeland, TN Photos

Welcome To Memphis Us
Source: Public Domain
Fedex Md Nfe
Source: Wikipedia User Alan Radecki Akradecki | GFDL
Southland Greyhound Park
Source: Wikipedia User Thomas R Machnitzki (DoxT | GFDL
Memphistrolley
Source: Wikipedia User JeremyA | CC BY-SA 2.5

Rankings & Articles For Lakeland

Locations Around Lakeland

Map Of Lakeland, TN

Best Places Around Lakeland

1

Germantown, TN
Population 40,673

$485,879+9% vs Lakeland
2

Collierville, TN
Population 51,515

$509,893+14% vs Lakeland
3

Arlington, TN
Population 15,205

$409,249-8% vs Lakeland
4

Bartlett, TN
Population 56,876

$321,266-28% vs Lakeland
5

Oakland, TN
Population 9,979

$353,491-21% vs Lakeland
6

Atoka, TN
Population 10,385

$350,767-21% vs Lakeland
7

Munford, TN
Population 6,588

$287,684-35% vs Lakeland
8

Millington, TN
Population 11,289

$238,392-47% vs Lakeland
9

Memphis, TN
Population 618,980

$144,710-68% vs Lakeland

Lakeland Demographics And Statistics

Population over time in Lakeland

The current population in Lakeland is 14,192. The population has increased 23.4% from 2010.

Year Population % Change
2024 14,192 0.9%
2023 14,068 1.9%
2022 13,811 0.9%
2021 13,693 8.3%
2020 12,644 0.3%
2019 12,606 -0.2%
2018 12,628 0.0%
2017 12,623 0.7%
2016 12,541 -0.1%
2015 12,556 0.1%
2014 12,549 1.0%
2013 12,426 1.7%
2012 12,218 2.6%
2011 11,903 3.5%
2010 11,503 -

Race / Ethnicity in Lakeland

White 69.5% (9,858)
African American 12.7% (1,802)
American Indian 0.0% (0)
Asian 6.0% (845)
Hawaiian 0.0% (0)
Other 0.6% (81)
Two Or More 2.7% (381)
Hispanic 8.6% (1,225)
See the full breakdown

Lakeland is:

  • 69.5% White with 9,858 White residents.

  • 12.7% African American with 1,802 African American residents.

  • 0.0% American Indian with 0 American Indian residents.

  • 6.0% Asian with 845 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.6% Other with 81 Other residents.

  • 2.7% Two Or More with 381 Two Or More residents.

  • 8.6% Hispanic with 1,225 Hispanic residents.

Race Lakeland TN USA
White 69.5% 71.0% 57.4%
African American 12.7% 15.4% 11.9%
American Indian 0.0% 0.1% 0.5%
Asian 6.0% 1.9% 5.9%
Hawaiian 0.0% 0.1% 0.2%
Other 0.6% 0.4% 0.6%
Two Or More 2.7% 3.7% 4.3%
Hispanic 8.6% 7.4% 19.3%

Gender in Lakeland

Female 50.4% (7,148)
Male 49.6% (7,043)
See the full breakdown
  • Lakeland is 50.4% female with 7,148 female residents.

  • Lakeland is 49.6% male with 7,043 male residents.

Gender Lakeland TN USA
Female 50.4% 50.9% 50.5%
Male 49.6% 49.1% 49.5%

Highest level of educational attainment in Lakeland for adults over 25

< 9th Grade 1.0% (141)
9-12th Grade 2.0% (283)
High School / GED 16.0% (2,270)
Some College 21.0% (2,980)
Associate's Degree 7.0% (993)
Bachelor's Degree 33.0% (4,683)
Master's Degree 15.0% (2,128)
Professional Degree 2.0% (283)
Doctorate Degree 3.0% (425)
See the full breakdown
  • 1.0% of adults in Lakeland completed < 9th grade.

  • 2.0% of adults in Lakeland completed 9-12th grade.

  • 16.0% of adults in Lakeland completed high school / ged.

  • 21.0% of adults in Lakeland completed some college.

  • 7.0% of adults in Lakeland completed associate's degree.

  • 33.0% of adults in Lakeland completed bachelor's degree.

  • 15.0% of adults in Lakeland completed master's degree.

  • 2.0% of adults in Lakeland completed professional degree.

  • 3.0% of adults in Lakeland completed doctorate degree.

Education Lakeland TN USA
< 9th Grade 1.0% 4.0% 4.0%
9-12th Grade 2.0% 6.0% 6.0%
High School / GED 16.0% 31.0% 26.0%
Some College 21.0% 20.0% 19.0%
Associate's Degree 7.0% 8.0% 9.0%
Bachelor's Degree 33.0% 19.0% 22.0%
Master's Degree 15.0% 8.0% 10.0%
Professional Degree 2.0% 2.0% 2.0%
Doctorate Degree 3.0% 2.0% 2.0%

Household Income For Lakeland, Tennessee

Less than $10,000 0.9% (12,821)
$10,000 to $14,999 0.7% (9,349)
$15,000 to $24,999 6.0% (85,745)
$25,000 to $34,999 4.5% (64,108)
$35,000 to $49,999 7.3% (103,909)
$50,000 to $74,999 10.1% (143,709)
$75,000 to $99,999 9.5% (135,429)
$100,000 to $149,999 24.8% (351,260)
$150,000 to $199,999 14.2% (201,140)
$200,000 or more 22.0% (311,727)
See the full breakdown
  • 0.9% of households in Lakeland earn Less than $10,000.

  • 0.7% of households in Lakeland earn $10,000 to $14,999.

  • 6.0% of households in Lakeland earn $15,000 to $24,999.

  • 4.5% of households in Lakeland earn $25,000 to $34,999.

  • 7.3% of households in Lakeland earn $35,000 to $49,999.

  • 10.1% of households in Lakeland earn $50,000 to $74,999.

  • 9.5% of households in Lakeland earn $75,000 to $99,999.

  • 24.8% of households in Lakeland earn $100,000 to $149,999.

  • 14.2% of households in Lakeland earn $150,000 to $199,999.

  • 22.0% of households in Lakeland earn $200,000 or more.

Income Lakeland TN USA
Less than $10,000 0.9% 5.2% 5.0%
$10,000 to $14,999 0.7% 4.0% 3.4%
$15,000 to $24,999 6.0% 7.4% 6.3%
$25,000 to $34,999 4.5% 7.4% 6.6%
$35,000 to $49,999 7.3% 12.0% 10.1%
$50,000 to $74,999 10.1% 17.3% 15.5%
$75,000 to $99,999 9.5% 13.2% 12.6%
$100,000 to $149,999 24.8% 16.8% 17.5%
$150,000 to $199,999 14.2% 7.7% 9.6%
$200,000 or more 22.0% 9.0% 13.4%

Source: U.S. Census ACS 5-year estimates (2024)