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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: $120,000

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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