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retire

Finding the Best Places to Retire Since 2006!

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Retire in Lake Alfred, Florida?

Overview:   Lake Alfred is a simple place located half way between Tampa and Orlando in central Florida. It started out as a military post but began to be developed as an agricultural community in the early 20th century.

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Today Lake Alfred is growing and has increased in size by 50% within the last decade or two. Much of this growth has come from workers in Orlando moving here for the affordable cost of living and quiet way of life. The town is leafy and has a rural quality, with its five named lakes providing plenty of opportunities for fishing and boating. The downtown, although small, is well tended and has family owned restaurants, a fabric shop, gift stores and antique shops. Mackay Gardens and a new veterans' memorial are particular points of pride. The University of Florida Citrus Research and Education Center, a campus dedicated to improving citrus crops, is also here.

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Neighborhoods are not fancy but are in good shape overall. Homes are mostly ranch ramblers made from wood or concrete blocks. Magnolia Ridge is a newer subdivision with attractive single story residences. Palm Shores is a casual 55+ community with pretty water views.

Population:  5,500 (city proper)

Percentage of Population Age 45 or Better:   40%

Cost of Living:   10% below the national average

Median Home Price: $145,000

Climate:  This area has a humid subtropical climate, meaning two seasons a year.  Summer and early fall are hot and humid.  Late fall and winter are less humid and cooler.  

At Least One Hospital Accepts Medicare Patients?  No, but Winter Haven Hospital is just five miles away and accepts Medicare patients. 

At Least One Hospital Accredited by Joint Commission? No, but Winter Haven Hospital is just five miles away and is accredited. 

Public Transit:   Yes

Crime Rate:   Below the national average

Public Library:   Yes

Political Leanings:  Conservative

Is Florida Considered Tax Friendly for Retirement?   Yes

Cons:   None  

Notes:   Lake Alfred is racially diverse.

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Recommended as a Retirement Spot?   Yes

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Florida:

Named Pascua Florida by Juan Ponce De Leon, the Sunshine State did not enter the Union until March 3, 1845. Balmy mild winters began attracting snowbirds to the state in the late 19th century. Retirees continue to flock to the state. It's not hard to see why tourism has become the leading industry.

International trade and citrus are also major contributors to the state's economy. Eighty percent of the nation's oranges and grapefruits are grown here, and 40 percent of all U.S. exports to Latin America flow through Florida.

Florida's landscape includes uplands and coastal plains. It contains more than 11,000 miles of waterways and about 4,500 islands spread across 10 acres.

The state has 1,250 golf courses, more than any other state in the Union. The 47 mile Pinellas Trail is the longest urban trail on the east coast. Orlando theme parks attract more visitors than any other theme parks in the U.S. The only place in the world where alligators and crocodiles co-exist is in National Everglades Park.

Florida, particularly the Keys and the Gulf Coast, were struck by Category 4 Hurricane Irma in early September, 2017. Towns will rebuild, perhaps this time with climate change in mind, making them safer and better equipped to handle major hurricanes going forward.

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Stats:

Population - 20,612,439 

Persons 65 years old and over - 20%

High school graduates, persons age 25+ - 87% 

Bachelor's degree or higher, persons age 25+ - 27% 

Persons of Hispanic or Latino origin - 24% 

White persons, not Hispanic - 58% 

Median household income - $47,525 

Median home value - $159,900 

Social Security taxed? No

Source: U.S. Census Bureau

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