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Lakeland Tennessee Real Estate By Jennifer Hershey

Lakeland Tennessee Real Estate

Lakeland, Tennessee, is located in Shelby County, of , and 16 miles NE of Memphis, Tennessee. Lakeland has a population of 6,862.

Lakeland Homes

Lakeland properties pool is 2,683 residential properties including Lakeland new homes. Median age of real estate in Lakeland is 1993. Average Household size is 2.94 people. 0% are one bedroom homes, 6% are 2 bedroom homes, 62% are 3 bedroom homes, 28% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Lakeland Mortgage Statistics

Lakeland mortgages vs. USA median statistics

Homes Lakeland USA
Homes With No Mortgage 20%
30%
Homes With Mortgage 80%
70%
First Mortgage Only 66%
54%
First & Second Mortgage or HELOC 15%
16%

Lakeland Area Real Estate Tax

Lakeland Real estate Tax: Median Real Estate Taxes (2000) were $1,240 comparing to 1999 Median Family income $ 64,444. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Lakeland School District: Children make up 24.6% of Lakeland population. Lakeland has 1,691 under 18 years old residents, or 0.46 kids per one worker, or 0.63 kids per one household.

Lakeland Real Estate & Lakeland Homeownership

There are 563.43 or 21% one person households, 939.05 or 35% two person households, and 590.26 or 22% three person households in Lakeland, Tennessee. Median residents age is 34.6, Senior citizens (65+) make up 544 or 7.9%% of Lakeland population.

There are 3,704 workers (over 16 years of age) in Lakeland. Of these, 96.92% drive to work. Approximately 0% of workers in Lakeland take public transportation. An estimated 0.24% walk to work.

Median Lakeland homeowner's housing expences are 19.4%

Crime in Lakeland (2003), crimes per 10,000 residents per year

Type of Crime Lakeland USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Lakeland Properties

When making a decision about buying real estate in Lakeland Tennessee area, you should consider following statistical data:

Category Lakeland USA
Near Medium City
-
Near Large City
Memphis, Tennessee
-
Lakeland Zip Codes
38002
-
Lakeland Area Codes
901
-
White population
91.56%
75.1%
African-American population
5.22%
12.3%
Asian
1.78%
3.6%
American Indian & Alaskan
0.13%
0.9%
Hispanic (of any race)
1.47%
12.5%
Median Family Income (1999)
$ 64,444%
$42,000
Population Below Poverty Level
2.83%
12.4%

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Lakeland Real Estate For Sale

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See Also:

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