Mount Dora Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Mount Dora, Florida? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Mount Dora, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Mount Dora is $65,774.00.

The chart below shows the average household income by age in Mount Dora.

  • Under 25
    $0.00
  • 25 to 44
    $60,579.00
  • 45 to 64
    $90,087.00
  • 65 and over
    $63,229.00

Average Household Income

A very commonly asked question is "what is the average household income in Mount Dora, Florida?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Mount Dora is $92,838.00.

5.63% of households in Mount Dora, Florida are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Mount Dora but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Mount Dora

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Mount Dora, Florida easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    18.40%
  • $25,000 to $49,999
    20.81%
  • $50,000 to $74,999
    18.64%
  • $75,000 to $99,999
    7.93%
  • $100,000 to $149,999
    19.44%
  • $150,000 to $199,999
    9.16%
  • $200,000 or more
    5.63%

Per Capita Income

The per capita income is the average income of all people in Mount Dora, Florida. This is calculated by dividing the total income of all people in Mount Dora by the total number of people in Mount Dora.

It differs from the average or mean household income because it includes all people in Mount Dora and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Mount Dora, Florida is $40,912.00.

Population in Mount Dora by Race and Ethnicity

The total population in Mount Dora is currently 16,330 people.

The race and ethnicity of the population in Mount Dora can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Mount Dora, Florida.

  • 7.00% White
    1,135
  • 83.90% Black/African American
    13,697
  • 65.00% Native
    10,619
  • 6.90% Hispanic
    1,125
  • 13.70% Asian
    2,239
  • 0.00% Hawaiian/Pacific Islander
    0
  • 2.70% Two or more races
    434
  • 0.10% Other
    22

Population of Mount Dora by Age and Gender

Another very important demographics statistic for Mount Dora, Florida is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 829 853
10 to 19 Years 739 766
20 to 29 Years 609 857
30 to 39 Years 1,049 1,141
40 to 49 Years 776 745
50 to 59 Years 798 887
60 to 69 Years 1,097 1,316
70 Years and over 1,615 2,253

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Mount Dora, Florida.

  • Master's degree or higher
    18.82%
  • Bachelor's degree
    33.36%
  • Some college or associate's degree
    6.26%
  • High school diploma or equivalent
    38.49%
  • Less than high school diploma
    3.07%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Mount Dora because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Mount Dora look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Mount Dora, Florida that are over the age of 16.

The current population in Mount Dora that are over the age of 16 is 13,505 people.

The unemployment rate in Mount Dora is 6.10%, which means 427 people are unemployed.

Median Age in Mount Dora

The median age is an interesting metric because it gives us an idea of the age distribution of people in Mount Dora, Florida. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Mount Dora is 48.6 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Mount Dora

48.6

Total

47.5

Male

52.1

Female

Households and Families

There are a total of 7,022 households in Mount Dora, and the average household size is 2.28 people.

For families, the total number is 4,522, and the average family size is 2.8 people.

7.20% of those families in Mount Dora, Florida are living below the poverty line.

The table below shows the poverty thresholds for Mount Dora in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Mount Dora, Florida for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 3,393 424 705 2,500
Average Household Size 2.7 2.88 3.59 1.23
Total Families 3,393 424 705 0
Average Household Size 2.7 2.42 3.49 0

Housing Data in Mount Dora

There are total of 8,021 housing units in Mount Dora, Florida. Of those units, 7,022 (87.55%) are occupied, and 999 (12.45%) are vacant.

Rental Rates

Of the 8,021 housing units in Mount Dora, 2,474 (30.84%) are occupied by renters. The median rent paid by renters is $1,398.00.

Owner occupied housing units make up the remaining 54.92% of housing units, with 4,405 housing units in total.

The table below breaks down how much rent is paid by renters in Mount Dora, Florida.

  • No rent paid
    143
  • Less than $500
    217
  • $500 to $999
    444
  • $1,000 to $1,499
    774
  • $1,500 to $1,999
    509
  • $2,000 to $2,499
    156
  • $2,500 to $2,999
    20
  • $3,000 or more
    354

Property Values

The median value of a property in Mount Dora is $306,700.00.

The table below breaks down the range of valuations for all properties in Mount Dora.

  • Less than $50,000
    164
  • $50,000 to $99,999
    91
  • $100,000 to $149,999
    272
  • $150,000 to $199,999
    126
  • $200,000 to $299,999
    1,474
  • $300,000 to $499,999
    1,718
  • $500,000 to $999,999
    523
  • $1,000,000 or more
    37

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Mount Dora, Florida.

  • 1939 or earlier
    571
  • 1940 to 1949
    287
  • 1950 to 1959
    541
  • 1960 to 1969
    390
  • 1970 to 1979
    1,030
  • 1980 to 1989
    790
  • 1990 to 1999
    1,239
  • 2000 to 2009
    1,629
  • 2010 to 2013
    1,483
  • 2014 or later
    61

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Mount Dora has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    618
  • 1 vehicle available
    2,984
  • 2 vehicles available
    2,650
  • 3 or more vehicles available
    770

Commuting to Work in Mount Dora

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Mount Dora, Florida, how they commute, and how that correlates to other data points.

The average travel time is 27 minutes, and the chart below covers the range of travel times across the population of Mount Dora.

  • Less than 5 minutes
    54
  • 5 to 9 minutes
    345
  • 10 to 14 minutes
    878
  • 15 to 19 minutes
    878
  • 20 to 24 minutes
    474
  • 25 to 29 minutes
    530
  • 30 to 34 minutes
    315
  • 35 to 39 minutes
    388
  • 40 to 44 minutes
    349
  • 45 to 59 minutes
    690
  • 60 to 89 minutes
    300
  • 90 or more minutes
    74

We can also look at the means of transport in Mount Dora to see which modes of transport people are using to commute to work.

  • Drove alone
    4,775
  • Carpooled
    398
  • Public transportation
    34
  • Walked
    17
  • Other means
    51
  • Worked from home
    1,200

Conclusion

Hopefully this article has given you the demographics data you were looking for in Mount Dora, Florida.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Mount Dora.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Mount Dora Average Income, Population and Demographics". NameCensus.com. Accessed on March 28, 2024. https://namecensus.com/demographics/florida/lake-county/mount-dora/.

  • "Mount Dora Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/florida/lake-county/mount-dora/. Accessed 28 March, 2024

  • Mount Dora Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/florida/lake-county/mount-dora/.