2025 Compare Cities Economy:
Lakeland, TN vs Key West, FL

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Highlights
- Household income in Key West, is 26% less than it is in Lakeland and is 9% above the National Average.
- Lakeland unemployment rate is 6.8%.
- Key West unemployment rate is 3.2%.
 Lakeland, TNKey West, FLUnited States
 Unemployment Rate  Unlock3.2%6.0%
 Recent Job Growth  Unlock-7.2%1.6%
 Future Job Growth37.4%  Unlock33.5%
 Sales Taxes9.8%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$45,210  Unlock$37,638
 Household Income  Unlock$75,638$69,021
 Family Median Income$114,233  Unlock$85,028
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 Est. Households By Income
 Lakeland, TNKey West, FLUnited States
 Income Less Than 15K  Unlock6.7%9.4%
 Income between 15K and 20K4.8%  Unlock3.8%
 Income between 20K and 30K  Unlock6.5%8.1%
 Income between 30K and 40K4.3%  Unlock8.0%
 Income between 40K and 50K  Unlock6.6%7.6%
 Income between 50K and 60K4.8%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K15.3%  Unlock12.8%
 Income between 100K and 150K  Unlock14.7%16.3%
 Income between 150K and 200K8.0%  Unlock7.8%
 Income greater than 200K  Unlock13.0%9.5%
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 Population By Occupation
 Lakeland, TNKey West, FLUnited States
 Management, business, finance24.2%  Unlock16.4%
 Engineering, computers, science  Unlock2.8%6.5%
 Community, social services3.0%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library7.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.0%2.0%
 Healthcare practitioners and technology8.1%  Unlock6.2%
 Healthcare support  Unlock2.4%3.3%
 Firefighters, law enforcement3.6%  Unlock2.1%
 Food preparation, serving  Unlock12.4%5.4%
 Building maintenance1.3%  Unlock3.6%
 Personal care  Unlock4.2%2.6%
 Sales, office, administrative support21.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.5%0.6%
 Construction, extraction, maintenance/repair7.4%  Unlock8.1%
 Production, transportation, material moving  Unlock6.7%13.1%
Reviews for Lakeland    4 Reviews

We moved to the Memphis area short of 4 years ago. I can't imagine living anywhere else in the world! We live in a gorgeous and friendly lake community that is a  More

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Been living here for 11 years and looking to relocate. Memphis/Cordova has been good to us for the past years, but it's time to move  More

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Over 15 years ago

Lakeland is a great place to live....10 minutes from anything you would want to do. Reasonably priced homes and excellent tax  More

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Reviews for Key West    7 Reviews

I was raised in Key West since 1980, these average cost prices for rent that you are seeing were not even accurate then, let alone now in 2021. The average cost of  More

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Over 9 years ago

Like the  More

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I have lived in Key West for the last seven years. During that time, I have observed very little change in the cost of living. I work for a national company that pays  More

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