2025 Compare Cities Economy:
Gainesville, FL vs Lake Placid, FL

Change Cities
Highlights
- Household income in Lake Placid, is 2% more than it is in Gainesville and is 66% below the National Average.
- Gainesville unemployment rate is 4.4%.
- Lake Placid unemployment rate is 6.2%.
 Gainesville, FLLake Placid, FLUnited States
 Unemployment Rate  Unlock6.2%6.0%
 Recent Job Growth  Unlock0.2%1.6%
 Future Job Growth39.6%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$25,986  Unlock$37,638
 Household Income  Unlock$41,610$69,021
 Family Median Income$65,701  Unlock$85,028
 space
 Est. Households By Income
 Gainesville, FLLake Placid, FLUnited States
 Income Less Than 15K  Unlock15.4%9.4%
 Income between 15K and 20K5.6%  Unlock3.8%
 Income between 20K and 30K  Unlock21.9%8.1%
 Income between 30K and 40K10.6%  Unlock8.0%
 Income between 40K and 50K  Unlock21.2%7.6%
 Income between 50K and 60K7.3%  Unlock7.2%
 Income between 60K and 75K  Unlock5.4%9.6%
 Income between 75K and 100K9.6%  Unlock12.8%
 Income between 100K and 150K  Unlock11.5%16.3%
 Income between 150K and 200K3.4%  Unlock7.8%
 Income greater than 200K  Unlock3.6%9.5%
 space1
 Population By Occupation
 Gainesville, FLLake Placid, FLUnited States
 Management, business, finance11.4%  Unlock16.4%
 Engineering, computers, science  Unlock6.0%6.5%
 Community, social services1.7%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library12.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology9.6%  Unlock6.2%
 Healthcare support  Unlock0.0%3.3%
 Firefighters, law enforcement1.6%  Unlock2.1%
 Food preparation, serving  Unlock5.6%5.4%
 Building maintenance3.2%  Unlock3.6%
 Personal care  Unlock2.9%2.6%
 Sales, office, administrative support22.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock5.8%0.6%
 Construction, extraction, maintenance/repair4.4%  Unlock8.1%
 Production, transportation, material moving  Unlock12.8%13.1%
Reviews for Gainesville    60 Reviews

Over 3 years ago

I've lived here most of my life. It's changed a lot, and a lot of the locals don't like it. Because it's home to one of the largest universities in the country, we see a  More

   |    Reply

Lovely diverse city! People is nice and there is always something to do. Outdoors activities are awesome! The springs are beautiful and there are plenty of hiking  More

   |    Reply

Gainesville has the highest taxes and electrical rates in the state. The city is run by a bunch of liberals who have no idea what they are doing. Crime and homelessness  More

   |    Reply

Start Your Review of Gainesville

Reviews for Lake Placid    4 Reviews

So, I bought a house in Lake Placid about 7 months ago and so far I love it. Real Estate is very reasonable and plenty of properties to pick from. Seems like prices  More

   |    Reply

Your site states it is not a good time to buy a home in Lake Placid because home prices are down. Wouldn't that be the perfect time to  More

   |    Reply

Over 10 years ago

South Florida definitely has the best weather but that comes with a price. I'm retiring to the wide open spaces of Lake Placid. Cost of living is lower and home prices,  More

   |    Reply

Start Your Review of Lake Placid


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.