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Cost of living, pay and housing

29.37° N · 81.77° W · GEOID 1238238

Lake Kerr

Marion County, Florida · part of the Ocala, FL metro

Limited data population under 5,000

FloridaLake Kerr, FLLake KerrLake Kerr

The short answer

Lake Kerr is home to 1,697 people. Median household income is $42,411 a year and median rent is $525 a month, 14.9% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $109,800, about 2.6x annual median household income.

Median gross rent
$525
62% below the median place
Median household income
$42,411
47% below the median place
Median home value
$109,800
66% below the median place
Unemployment
4.8%
1% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Lake Kerr

  • Counting remote workers as zero, the average worker spends about 285 hours a year commuting, more than in 99% of the 2,101 places under 10,000 people we track. It is the 2nd-highest of 446 Florida places.
  • Median rent is $525 a month, lower than in 99% of places its size. It is the lowest of 474 Florida places.
  • Between the 2020 and 2024 surveys, household income rose 2.2% a year while rent rose -8%, so pay gained on rent more than in 98% of places its size.
  • The median resident is 63.6 years old, older than in 98% of places its size.
  • 46% of homes stand vacant, more than in 98% of places its size.

Rent is light relative to pay, but the county has a FEMA natural hazard risk score of 95 out of 100. Budget for insurance before counting the savings.

01

Moving to Lake Kerr

Marion County gains about 37.7 residents per 1,000 a year to moves between counties.

Moved in28,624
Moved out17,216
Net+11,408

Where people come from and where they go, top counties

Within Florida, other states or abroad

Arrivals
Leavers
Within FloridaOther statesAbroad

Income per tax return

Arrivals$66K
Leavers$54K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Marion County; flows under 20 returns are not published.

Who moves here
6.8% of residents arrived from another county in the past year, 2.9% from another state. County figure.
Who arrives and who leaves
Households moving into Marion County report $65,700 a year in income on average; those leaving, $54,100, so newcomers earn more than leavers.
Income you would need
$21,000 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $525 a month; owners with a mortgage pay $1,123 a month including taxes and insurance, on a median home of $109,800.
Getting to work
45 minutes each way on average; 17.1% work from home.
If it is close but not quite
Zephyrhills South, FL matches it on character. Compare the two
Net movers per 1,000 people7
37.7
above the median place (median -0.6)
Income of households moving out7
$54,055
23% below the median place
Moved from another state1
2.9%
46% above the median place
All 5 moving measures
MeasureLake KerrAmong 6,645 placesVs median
Moved here in the past year1County figure6.8%18% above
Moved from another state1County figure2.9%46% above
Net movers per 1,000 people7County figure37.7above (median -0.6)
Income of households moving in7County figure$65,7117% below
Income of households moving out7County figure$54,05523% below
02

What it costs to live here

Median gross rent is $525, 62% below the median place.

Lake Kerr14.9%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$21,000
a year, at the 30% line
Rent to income
14.9%
27% below the median place
Home price to income
2.6x
32% below the median place

Could you afford it?

The median rent would take
15%
comfortably under the 30% line
Left after rent, in US prices
$36,800
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Lake Kerr, $525 a month, and local prices for everything else (97.1 against a US average of 100). It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Lake Kerr.

Sponsored · exampleMoving to Lake Kerr? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Vacant homes1
46.2%
above the median place (median 7.1%)
Homeownership1
94.9%
43% above the median place
Median home value1
$109,800
66% below the median place
All 16 cost and housing measures
MeasureLake KerrAmong 6,645 placesVs median
Median gross rent1$52562% below
Rent to income114.9%27% below
Property tax rate10.8%9% below
Home price to income12.6x32% below
Prices vs US average2Metro figure95.26% below
Fair market rent, 2 bedrooms3County figure$1,39414% below
HUD area median income4County figure$84,00022% below
Property tax paid (median)1$91372% below
Median home value1$109,80066% below
Home prices, 1-year change5County figure0.8%76% below
Home prices, 5-year change5County figure63.2%23% above
Homeownership194.9%43% above
Renters paying 30%+1County figure52.7%4% above
Owner costs with a mortgage1$1,12340% below
Vacant homes146.2%above (median 7.1%)
Median year built119760% below
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Mean commute1
45 min
82% above the median place
Median household income1
$42,411
47% below the median place

More on work and pay, against the typical place

Poverty rate23.3% 2.2×
Income per person$26,319 −34%
Works from home17.1% +37%
All 10 work and pay measures
MeasureLake KerrAmong 6,645 placesVs median
Median household income1$42,41147% below
Income per person1$26,31934% below
Unemployment1County figure4.8%1% below
Average annual pay6County figure$54,54617% below
Pay growth, 1 year6County figure3.8%3% above
Jobs6County figure121,92119% below
Poverty rate123.3%116% above
Mean commute145 min82% above
Works from home117.1%37% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Median age is 63.6, 63% above the median place.

Median age1
63.6
63% above the median place
Household size1
2.0
21% below the median place
Bachelor's or higher1
18.4%
43% below the median place

More about who lives here, against the typical place

No health insurance10.0% +56%
High school or higher88.0% −5%
Homes with broadband89.4% −3%
All 8 people measures
MeasureLake KerrAmong 6,645 placesVs median
Population11,6976646th largest
Median age163.663% above
Bachelor's or higher118.4%43% below
High school or higher188.0%5% below
Household size12.021% below
Born abroad1County figure9.4%7% above
No health insurance110.0%56% above
Homes with broadband189.4%3% below
05

Life in Lake Kerr

33 sites are on the National Register of Historic Places, one of them a National Historic Landmark.

Out the door, against the typical place

Parks per 10k residents5.9 −42%
Playgrounds per 10k0.0 −100%
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k0.0 −100%
Libraries per 10k0.0 −100%
Named paths and bike trails2 km −20%
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars13.1 −37%
Shops29.4 −3%
Arts, recreation and fitness2.9 −29%
Doctors' offices and clinics19.9 −1%
Child care centers1.2 −48%

Counts businesses with paid staff, so small owner-run shops are not included.

Child care centers per 10k8
1.2
48% below the median place
Restaurants and bars per 10k8
13.1
37% below the median place
Public school students11
45,972
above the median place (median 4,897)
All 16 schools and local life measures
MeasureLake KerrAmong 6,645 placesVs median
Public schools11County figure62above (median 9)
Public school students11County figure45,972above (median 4,897)
Students per teacher11County figure18.822% above
Restaurants and bars per 10k8County figure13.137% below
Shops per 10k8County figure29.43% below
Arts, recreation and fitness per 10k8County figure2.929% below
Doctors' offices and clinics per 10k8County figure19.91% below
Child care centers per 10k8County figure1.248% below
Parks per 10k95.942% below
Playgrounds per 10k90.0below (median 9.4)
Grocery stores per 10k90.0below (median 2.1)
Restaurants, cafes and bars per 10k90.0below (median 11.2)
Libraries per 10k90.0below (median 0.9)
Named paths and bike trails91.620% below
Transit stops per sq mi90.0below (median 0.2)
National Register listings10County figure33154% above
06

Safety, weather and risk

Average temperature is 71°F, 29% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Lake Kerr. Larger places are fetched first.

Average temperature12
71°F
29% above the median place
January average low12
45°F
79% above the median place
Hurricane risk13
97.8
38% above the median place
All 11 weather and risk measures
MeasureLake KerrAmong 6,645 placesVs median
July average high12County figure92°F6% above
January average low12County figure45°F79% above
Average temperature12County figure71°F29% above
Annual precipitation12County figure52.0 in19% above
Natural hazard risk13County figure94.72% above
Hurricane risk13County figure97.838% above
Tornado risk13County figure97.319% above
Wildfire risk13County figure96.858% above
Heat wave risk13County figure90.50% above
Median air quality index14County figure467% above
Good air days14County figure67.3%2% below
08

Lake Kerr in 2030: where the trends point

If recent trends hold, the median rent will take about 14% of the median income in 2030, down from 15% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$525/mo (2024)$620/mo$510 to $750/mo+2.8%
Median household income$42,411 (2024)$53,000$44,500 to $62,500+3.8%
Median home value$109,800 (2024)$150,000$109,000 to $206,000+5.3%

The median home would be worth 2.8 years of the median income in 2030, against 2.6 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Lake Kerr

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Zephyrhills South, FL$926$42,454Compare
Hernando, FL$964$43,076Compare
Inverness, FL$975$43,523Compare
Hudson, FL$1,044$51,513Compare
Hudson, FLInverness, FLHernando, FLZephyrhills South, FLLake Kerr, FLLake KerrZephyrhills SouthHernandoLake KerrZephyrhills SouthHernando

Common questions

Is Lake Kerr a good place to live?

It depends on what you need, so here is what the numbers say. Counting remote workers as zero, the average worker spends about 285 hours a year commuting, more than in 99% of the 2,101 places under 10,000 people we track. It is the 2nd-highest of 446 Florida places. Median rent is $525 a month, lower than in 99% of places its size. It is the lowest of 474 Florida places. On cost, space and class size it scores 68 out of 100 for families. See how it ranks with your own weights.

Is Lake Kerr expensive to live in?

The median rent takes 14.9% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $109,800.

What salary do you need to live in Lake Kerr?

To rent the median home without spending more than 30% of income on rent, a household needs about $21,000 a year. Work it out from your current city.

What places are similar to Lake Kerr?

On income, rent, home value, education and age, the closest matches are Zephyrhills South, FL, Hernando, FL, Inverness, FL and Hudson, FL.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  11. Common Core of Data · National Center for Education Statistics · 2024 release
  12. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  13. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  14. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Lake Kerr with places of a similar size, using only figures measured for Lake Kerr itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/lake-kerr-florida

Citytistics. “Lake Kerr, Florida.” Data as of 2026-11-14. https://www.citytistics.com/city/lake-kerr-florida/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.