33811, Lakeland, FL

Lakeland, Florida is a city located in Polk County, Florida. According to the 2010 census, the population of Lakeland was 139,812. The 33811 zip code covers much of the city and has a population of about 54,000 people. Home equity and home prices are important factors to consider when analyzing the economy of Lakeland.

The average home value in the 33811 zip code is $156,000. This is significantly higher than the statewide average of $113,500 and indicates that there is a high demand for homes in this area. In addition, home values have increased by an average of 8% each year over the past five years. This indicates that there is strong demand for housing in Lakeland and that buyers are able to afford more expensive homes than they would be able to find elsewhere in Polk County.

One reason why home values have been increasing so rapidly in Lakeland is because of the low unemployment rate here. The unemployment rate in Polk County was 3% as of May 2016 which is lower than both the statewide (4%) and national (5%) rates. This means that there are many jobs available here which can lead to increased demand for homes and higher home prices. Additionally, many people who live in Lakeland commute to work outside of Polk County which also contributes to increased demand for housing within the city limits.