2025 Compare Cities Economy:
Lake Placid, FL vs Dothan, AL

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Highlights
- Household income in Dothan, is 18% more than it is in Lake Placid and is 40% below the National Average.
- Lake Placid unemployment rate is 6.2%.
- Dothan unemployment rate is 3.8%.
 Lake Placid, FLDothan, ALUnited States
 Unemployment Rate  Unlock3.8%6.0%
 Recent Job Growth  Unlock1.2%1.6%
 Future Job Growth30.4%  Unlock33.5%
 Sales Taxes7.5%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$21,336  Unlock$37,638
 Household Income  Unlock$49,203$69,021
 Family Median Income$42,625  Unlock$85,028
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 Est. Households By Income
 Lake Placid, FLDothan, ALUnited States
 Income Less Than 15K  Unlock13.8%9.4%
 Income between 15K and 20K1.5%  Unlock3.8%
 Income between 20K and 30K  Unlock10.9%8.1%
 Income between 30K and 40K5.8%  Unlock8.0%
 Income between 40K and 50K  Unlock9.2%7.6%
 Income between 50K and 60K7.5%  Unlock7.2%
 Income between 60K and 75K  Unlock8.3%9.6%
 Income between 75K and 100K5.1%  Unlock12.8%
 Income between 100K and 150K  Unlock12.2%16.3%
 Income between 150K and 200K1.2%  Unlock7.8%
 Income greater than 200K  Unlock5.1%9.5%
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 Population By Occupation
 Lake Placid, FLDothan, ALUnited States
 Management, business, finance6.5%  Unlock16.4%
 Engineering, computers, science  Unlock3.5%6.5%
 Community, social services2.1%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library7.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.1%2.0%
 Healthcare practitioners and technology0.0%  Unlock6.2%
 Healthcare support  Unlock3.5%3.3%
 Firefighters, law enforcement6.4%  Unlock2.1%
 Food preparation, serving  Unlock6.5%5.4%
 Building maintenance12.5%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support20.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.4%0.6%
 Construction, extraction, maintenance/repair9.7%  Unlock8.1%
 Production, transportation, material moving  Unlock15.2%13.1%
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

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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

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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

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Reviews for Dothan    25 Reviews

This is my 3rd (maybe 4th) year living in dothan, and it is AMAZING!! I hear people say "the traffic is horrible" but it really is not. sure the traffic sometimes is  More

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Over 4 years ago

I grew up here. I will sum it up like this: the best decision I ever made was to move away from Dothan 20 years ago and the worst decision I ever made was to move back  More

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Over 4 years ago

I grew up in this horrible nothing city living here until in my early thirties and I left 20 years ago. I hated this place everyday and was so glad I left, it was the  More

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