Cost of Living in Lake Clarke Shores, FL
Population 3,550 · Florida · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Lake Clarke Shores a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $495,000. At 6.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Lake Clarke Shores sits roughly 8 miles southeast of West Palm Beach — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 34% higher than West Palm Beach's $370,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lake Clarke Shores
The median home value in Lake Clarke Shores is $494,700 — 62% above the national median of $305,000. The median household income of $150,393/year is 102% higher than the US median of $74,580. The local unemployment rate is 6.2%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Lake Clarke Shores has a cost of living index of 162 versus the US average of 100, meaning it is 62% more expensive.
Lake Clarke Shores has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Lake Clarke Shores, FL?
Lake Clarke Shores has a cost index of 162 (100 = national average). It is 62% above the national average.
What is the average home price in Lake Clarke Shores?
The median home value in Lake Clarke Shores is $494,700 according to Zillow and Census data.
What is the median income in Lake Clarke Shores?
The median household income in Lake Clarke Shores is $150,393 per year (2023 ACS 5-year estimates).
What is the sales tax in Lake Clarke Shores, FL?
The combined state and local sales tax rate in Lake Clarke Shores is 7.0%. Florida has no state income tax.
Is Lake Clarke Shores, FL affordable?
Lake Clarke Shores is above average in cost of living, with an index of 162 — about 62% higher than the national average.
Lake Clarke Shores at a Glance
- Population
- 3,550
- Median Income
- $150,393
- Home Value
- $494,700
- Unemployment
- 6.2%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
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