Residential comparison · 13 facts
Carrollwood, FL vs Lake Magdalene, FL
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Carrollwood needs about $81,500 in Lake Magdalene to keep the same lifestyle.
Coming from Lake Magdalene, $85,000 of lifestyle costs about $88,500 in Carrollwood.
A few differences
- Carrollwood is higher on median household income ($81,959 vs $75,594).
- Lake Magdalene is lower on cost of living index (101 vs 107).
- Lake Magdalene is lower on 2-bedroom rent ($1,459/mo vs $1,770/mo).
Carrollwood vs Lake Magdalene · facet by facet
| Facet | Carrollwood, FL | Lake Magdalene, FL |
|---|---|---|
| Median home price | $384,600 | $371,800 |
| 2-bedroom rent | $1,770/mo | $1,459/mo |
| Property tax rate | 0.8% | 0.8% |
| State & local income tax | 0% | 0% |
| Sales tax | 7% | 7% |
| Cost of living index | 107 | 101 |
| Groceries index | 103 | 103 |
| Utilities | $180/mo | $180/mo |
| Median household income | $81,959 | $75,594 |
| Unemployment rate | 3.3% | 3.3% |
| Crime index | 45/100 | 45/100 |
| School rating | 5.8/10 | 5.8/10 |
| Sunny days / year | 240 days | 240 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Carrollwood, FL · Lake Magdalene, FL
Questions & answers
- Is Carrollwood cheaper than Lake Magdalene?
- Lake Magdalene has the lower day-to-day cost index (101 vs 107 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Lake Magdalene equals $85,000 in Carrollwood?
- A household earning $85,000 in Carrollwood needs about $81,500 in Lake Magdalene to keep the same lifestyle; coming the other way, $85,000 of Lake Magdalene lifestyle costs about $88,500 in Carrollwood.