Indicates MSA includes part of more than one state or region. MSA includes part of more than one state or region.

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Lakeland-Winter Haven, FL View area description and map

 

Market Hotness

2.0

12 mos. permits per 1,000 residents

Period ending Mar '10Sources and methods - click for more info

Job Growth

-3.7%

Annual rate last 4 quarters

Period ending Mar '10Sources and methods - click for more info

Res. Permits

-65%

YTD change vs. prior year

Period ending Mar '10Sources and methods - click for more info
 

Local News from BUILDER

  • Down for the Count: The Weakest Housing Markets for 2009

    Hit hardest by the downturn, these markets may be among the last to recover.

     
  • BD071101051L1.jpg (90)

    Heads Above Water

    Water is a central element in the site plan development of BridgeWater, which was built on reclaimed phosphate-mining land and includes five deep, crystal-clear lakes. As a result, 90 percent of the lots in the community have a lake view. In brainstorming names for the lakes, the sales and...

     
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Lakeland Permits

Percentage change year over year

  Single Family Multifamily Units  
  Permits Chg. 2 Units 3-4 Units +5 Units All Multi Chg. Total Units Chg.
2010 1Q 328 +19% 2 0 0 2 N/A 330 +20%
2009 4Q 263 -26% 0 0 0 0 N/A 263 -26%
3Q 330 -40% 0 0 0 0 -100% 330 -42%
2Q 271 -61% 0 0 0 0 -100% 271 -80%
1Q 276 -58% 0 0 0 0 -100% 276 -72%
Annuals                  
2009 1,140 -50% 0 0 0 0 -100% 1,140 -65%
2008 2,261 -41% 28 11 967 1,006 +173% 3,267 -23%
2007 3,912 -49% 16 0 316 332 -81% 4,244 -54%
Period ending Mar '10Sources and methods - click for more info
 

Market Hotness Trend

12 mos. permits per 1,000 residents

Mar '10

2.0

Period ending Mar '10Sources and methods - click for more info

Density Information

Calculated per square mile

Q1 '10Q1 '09Chg.
Population312.46311.430.3%
Housing Unit149.88149.850.0%
Market Density Index (MDI)
Total Permits0.631.34-53.0%
SF Permits0.631.01-37.6%
MF Permits0.000.34-100.0%
Period ending Mar '10Sources and methods - click for more info

Existing Housing Stock

280,939

Lakeland, FL

Period ending Mar '10Sources and methods - click for more info

Population

Based on Census Bureau estimates

Mar '10

585,674

Period ending Mar '10Sources and methods - click for more info

Construction Trends

Share of permits by dwelling type

3 Months '10Share
Single-Family99%
Multifamily1%
2005-2009Avg.Share
Single-Family87%
Multifamily13%
Period ending Mar '10Sources and methods - click for more info
 

Lakeland Employment Trends

Employment numbers in thousands

Employment Sector No.of Jobs Last 1 Year Change Last 1 Year Job Growth Last 2 Years Change Last 2 Years Job Growth
Total 195.7 -7.2 -3.7% -11.2 -5.5%
Construction 10.9 -1.3 -11.9% -2.2 -18.0%
Manufacturing 14.2 -1.0 -7.0% -1.4 -9.2%
Trade 32.6 -1.4 -4.3% -2.5 -7.4%
Information 1.8 -0.2 -11.1% -0.2 -10.0%
Financial Activities 11.3 -0.8 -7.1% 0.0 0.0%
Services 82.9 -2.2 -2.7% -4.2 -4.9%
Government 30.7 0.0 0.0% 0.0 0.0%
Unemployed at end of period (rate) 27.6 10.0% 14.0 5.2%
Period ending Mar '10Sources and methods - click for more info