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Moving to Lake Park FL? | Here’s What You’ll Love About Living in Lake Park Florida!

Moving to Lake Park FL? 😍 | Here’s What You’ll Love About Living in Lake Park Florida!

Last Updated on: 14th September 2023, 04:46 pm

If you’re considering moving to Lake Park, you’ll be glad to hear that this Palm Beach County town has a lot to offer; written below is everything you’ll love about living in Lake Park! We discuss topics including its demographics, best eateries, top attractions, crime rates, and more.

Lake Park is a town in Palm Beach County, Florida; although it’s only 2.2 square miles, this coastal town has plenty to offer. Lake Park is best known for its blossoming economy, eclectic arts district, and for hosting the notable Lake Park Harbor Marina. Before Lake Park was a well-developed beach town, It was incorporated as The Town of Kelsey City in 1923 and was named after Harry Seymour Kelsey, a man who purchased 30,000 acres in the north West Palm Beach area. In 1939, The Town of Kelsey City was renamed and reincorporated as The Town of Lake Park and became the first zoned municipality in Florida. Lake Park’s history is so rich its—nearly 100-year-old—town hall is listed on the National Register of Historic Places!

Lake Park, Florida, is a great place to live! A few attractive attributes to note about Lake Park are its proximity to West Palm Beach and the beautiful East Coast shoreline, quaint size, and affordable cost of living. This charming beach town is an amazing place to call home!

Where Is Lake Park Florida?

Lake Park, Florida, is located in Palm Beach County, 6.8 miles from West Palm Beach. It’s part of South Florida’s Miami Metropolitan Area and is bordered by North Palm Beach and Riviera Beach. Situated only miles from the Atlantic Ocean, you can expect ocean views and a beachy ambiance almost anywhere you go!

Lake Park Population & Demographics

Lake Park, Florida, has a population of 8,981 and has seen a population decrease of -1.0% since 2010. Lake Park boasts a diverse population: 31.9% White (25.9% White non-Hispanic), 54.6% Black, 12.9% Hispanic or Latino, 12.2% two or more races, and 0.4% Asian. The median household income here is $60,632 (US $69,021.)

Lake Park has a young median age of 35.5 years old, and 69% of its residents are under 50; 18%  are under 10—young adults and families love living in Lake Park! Most people here do not own their homes; out of the 3,599 housing units in Lake Park, 48% are owner-occupied, and 52% are renter-occupied.

Additional Lake Park demographics:

  • Educational attainment: 84.9% have high school diplomas or higher, and 29% have bachelor’s degrees or higher
  • Veteran population: 2.5%
  • Foreign-born population: 24.7%
  • Number of households: 2,944
  • Sex ratio: 57% female and 43% male

Lake Park has a crime rate of 7,455 per 100k people, which is higher than Florida’s crime rate of 2,153 per 100k people and the national crime rate of 2,346 per 100k people.

Additional crime rate statistics:

  • Lake Park violent crime rate per 100k people: 685
  • Florida violent crime rate per 100k people: 384
  • US violent crime rate per 100k people: 388
  • Lake Park property crime rate per 100k people: 6,770
  • Florida property crime rate per 100k people: 1,769
  • US property crime rate per 100k people: 1,958

Although Lake Park’s crime rate may appear high, that’s not to say this isn’t a safe place to live. Crime rate statistics can often be inaccurate due to reporting errors—this can make an area’s crime rate appear alarming or high when it’s just as safe as any US city. Before moving to Lake Park, note that there are plenty of safe places to live here, which we discuss more in-depth below!

Lake Park is part of Palm Beach County Sheriff’s Office District 10 division; PBOS officers protect the citizens of Lake Park.

Cost of Living in Lake Park

When living in Lake Park, knowing how its living costs compare to the average US city is essential. When analyzing its Cost of Living Index (COLI), you’ll be pleased to see Lake Park has a COLI of 107.3, which is only 7% higher than the average US city—this is very rare for a coastal city of its caliber. According to the Economic Policy Institute, a family of four living in Lake Park should earn $89,971 to live comfortably.

Typical living expenses in Lake Park:

  • Inexpensive restaurant meal: $15.00
  • Gallon of milk: $4.19
  • Loaf of white bread: $3.30
  • Pound of white rice: $3.47
  • Dozen eggs: $7.00
  • Pound of apple: $2.27
  • Average Lake Park utilities per month: $300 (per Doxo)

Source: Numbeo; these figures are for West Palm Beach, which has a cost of living index of 108, which is very similar to Lake Park’s—-you can expect similar prices when living in Lake Park.

The Lake Park, FL real estate is competitive; its cost per square foot is up 28.7% since last year ($307), and the Lake Park median home price is $413,000 (54.2% higher than in 2020.) Despite the town’s competitive housing market, there are a handful of beautiful homes for sale in Lake Park, FL right now! Homes typically sell within 48 days, so we suggest keeping a close eye on any potential purchases.

Over half of Lake Park’s residents rent or live in apartment units. And according to RentCafe, the average Lake Park rent is $2,460 for a 1,025-square-foot rental, which is well above the US average of $1,702 for a similar-sized unit.

Lake Park FL Weather & Climate

Lake Park has a Koppen classification of humid subtropical climate (Cfa), which is best described as hot and humid summers with mild, cool winters. Lake Park is hot and humid most of the year, with a hefty rainy season. The temperature here varies from  59°F to 89°F with an average high of 89 (in the warm season) and an average low of 59 degrees (in the cold season.) The hottest month of the year is August, and the coldest month is January.

Lake Park has an annual rainfall of  63 inches and an annual snowfall of 0 inches; it rains here for 193.9 days yearly. However, that’s not to say there isn’t plenty of sunshine, too—Lake Park has an average of 230 sunny days yearly. This town has weather patterns typical of South Florida; high humidity and heavy rain are normal here. For example, March is the least humid month here, with an average relative humidity of 70%.

The best time to visit Lake Park is late October to early May; you can enjoy the warm weather activities like the beach, skating on the boardwalk, or exploring nearby state parks. These are some of the least humid months of the year!

Things to Do in & Near Lake Park

There are plenty of things to do in Lake Park and surrounding areas. This town also boasts great shopping centers like The plaza at Lake Park and the Village Square Plaza.

Kelsey Park

Kelsey Park is one of the best parks in Lake Park; there is a dock facing the bay, a playground, and a picnic area. This is an ideal spot for a romantic date night or a place for your kids to play.

601 Federal Hwy, Lake Park, FL 33403, (561) 881-3300

Phil Foster Park

Phil Foster Park is Lake Park’s best and closest place to swim. While it’s located in Riviera Beach, this beach is only miles from Lake Parks limits. You can enjoy a handful of aquatic activities here, including swimming, fishing, parasailing, snorkeling, and more!

900 Blue Heron Blvd, Riviera Beach, FL 33404, (561) 966-6600

Manatee Lagoon

Manatee Lagoon is a marine biology educational center in West Palm Beach. This is an excellent activity for people of all ages, especially for young children interested in saltwater creatures.

6000 N Flagler Dr, West Palm Beach, FL 33407,  (561) 626-2833

Additional Things to Do in and Near Lake Park

The town’s public works department maintains the parks of Lake Park, Florida; there are also a number of special events held here, and you can keep track of the community’s events on their special events calendar.

Lake Park FL Restaurants

Here are the best restaurants in Lake Park

Silver Spoon

Silver Spoon boasts a diverse menu of Jamaican cuisine. Popular items are their jerk chicken and pea stew.

934 Park Ave, Lake Park, FL 33403, (561) 882-2400

Locale Gastrobar

Locale Gastrobar has delicious dishes like Angus beef burgers, garlic parmesan wings, and goat cheese salads. Not to mention their extensive menu of craft cocktails and locally brewed beers.

748 Park Ave, Lake Park, FL 33403, (561) 429-4321

Camilli’s Pizza

Camilli’s has some of Lake Park’s best pizza and Italian cuisine! If you’re craving a slice of heaven, we suggest trying Camilli’s Pizza.

927 Park Ave, Lake Park, FL 33403, (561) 844-3424

Lake Park Jobs

Thanks to its optimal positioning, Lake Park has a thriving economy fueled by Florida tourists and avid beach-goers. Lake Park is near Miami and West Palm Beach, making it a popular destination for people to escape these larger cities’ hustle and bustle.

Before moving to Lake Park, it’s crucial to note its economy and how it may affect you when living here. Lake Parks taxes are well below the US average! The sales tax rate here is 0.3% lower than the average US city, and the income tax rate of 0 is 4.6% below the US average—taxes can make a major impact on your cost of living, and Lake Park has affordable taxes.

The unemployment rate here is 4.7%, which is below the US average of 6%, and the projected job growth by 2033 is 39.6%, which is also above the US average. The leading employers in Palm Beach County are Florida Crystals Corporation, Pratt & Whitney, and Cheney Brothers; the main industries are healthcare, accommodations, and food services, construction, real estate and retail leasing, administration and support, waste management services, education services, and public administration.

When living in Lake Park, here is what you can expect to make: the average hourly wage in Lake Park is $17.69, and the average salary is $60,000. While 16.9% of its residents earn between $30,000 and $40,000, 13.4% make between $150,000 and $200,000.

Regardless of your occupation, there are plenty of jobs in Lake Park, FL, to choose from! Whether you’re a nurse applying to Palm Beach Gardens Medical Center or a public administrator, there are countless Lake Park City jobs to consider as well!

Lake Park Schools

Lake Park is part of The School District of Palm Beach County; the town has Lake Park Elementary School and Coastal Middle & High School, alongside a few private institutes. High schoolers in Lake Park are zoned for Coastal High School or other nearby institutes like Inlet Grove Community High School. According to U.S.News, Lake Park Elementary has an overall score of 70.52 and is ranked the 52nd elementary school in its district. Palm Beach County has a very competitive school district, so a 52nd out of 109 elementary schools is an impressive score!

Lake Park doesn’t just offer outstanding academics for grade-school-aged children; the town is also near prestigious colleges like the University of Miami and Barry University. Lake Park even boasts a beautiful public library, which is the ideal place to study, read, or bring your children!

Lake Park Statistics & Information

  • County: Palm Beach County
  • Lake Park area: 2.436 mi²
  • Lake Park zip code: 33403, 33404
  • Lake Park area code: 561
  • Lake Park elevation: 13’
  • Lake Park time zone: Eastern Daylight Time (GMT-4)
  • Closest airport to Lake Park: Palm Beach International Airport PBI is 9.6 miles from Lake Park

Map of Lake Park

If you’re considering moving to Lake Park, we think you’ll love what you see! Lake Park is a beautiful place to live for more reasons than one. Not only does the town itself have plenty to offer, but it’s also conveniently located near larger cities like West Palm Beach and Miami. When you decide to take the leap and move to this fine town, call Meehan’s Family Moving & Storage at 561-904-6000; we have trusted movers in Lake Park ready to make this a simple and easy transition.

 

 

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