The Town FilesLake Magdalene, Florida
Community in Hillsborough County · population 30,742 (2020 Census)
- Median home
- $371,800
- Household income
- $75,594
- Jan low / Jul high
- 53° / 91°
- Snow a year
- 0 in
- Tornadoes ≤10 mi since 1950
- 70
- Median age
- 40.8
Lake Magdalene is a community of 30,742 people in Hillsborough County, Florida. The median home is worth $371,800, above the typical Florida town ($331,600). It ranks more of a college town than 81% of Florida towns, better for young professionals than 78% of Florida towns, more vibrant than 72% of Florida towns.
How Lake Magdalene ranks
Percentile among Florida towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Florida towns.
Homes and cost of living
The median home in Lake Magdalene is worth $371,800, above the typical Florida town ($331,600). Homes cost about 4.9 times the median household income of $75,594, which is more affordable than 41% of Florida towns. Median rent is $1,434 a month. 72.3% of households own their home.
| Housing | Lake Magdalene | Typical Florida town |
|---|---|---|
| Median home value | $371,800 | $331,600 |
| Median rent | $1,434 | $1,569 |
| Median household income | $75,594 | $71,140 |
| Home value ÷ income | 4.9× | 4.5× |
| Homeownership | 72.3% | 73.5% |
| Median year built | 1982 | 1985 |
| Seasonal / vacation homes | 0.8% | — |
Who lives in Lake Magdalene
| People | Lake Magdalene | Typical Florida town |
|---|---|---|
| Median age | 40.8 | 42.8 |
| Age 65 and over | 20.3% | 20.2% |
| Under 18 | 21.0% | — |
| Bachelor's degree or higher | 40.2% | 28.8% |
| Below the poverty line | 13.0% | 11.3% |
| Veterans | 6.9% | — |
| Born outside the U.S. | 17.2% | — |
| Work from home | 18.8% | 13.5% |
| Average commute | 27.1 min | 27.5 min |
| Homes with broadband | 95.8% | 92.4% |
Weather in Lake Magdalene
July highs average 91.0°F and January lows 52.8°F. About 49.5 inches of rain and melted snow fall a year, with 0.0 inches of snow (typical Florida town: 0.0 in). Expect about 94 days a year at 90°F or hotter and 1 nights at or below freezing.
Tornadoes, storms and disasters
70 tornadoes have passed within 10 miles of Lake Magdalene since 1950, compared with 35 for the typical Florida town. 5 rated (E)F2 or stronger. The strongest, an F4, struck on April 4, 1966 about 5.6 miles from the town center and killed 3. Tornadoes within 10 miles have caused 3 deaths and 155 injuries since 1950. The most recent was on May 24, 2026.
Hail of 1 inch or larger has been reported within 10 miles 69 times; the largest was 2.75 inches on June 6, 1969.
Severe weather in Hillsborough County since 1996
Hillsborough County has been included in 47 federal disaster or emergency declarations since 1953, most often for fire, flood, tornado.
| Declared | Incident | Declaration |
|---|---|---|
| October 11, 2024 | Hurricane | DR-4834: Hurricane Milton |
| October 7, 2024 | Hurricane | EM-3622: Hurricane Milton |
| September 28, 2024 | Hurricane | DR-4828: Hurricane Helene |
| September 24, 2024 | Tropical Storm | EM-3615: Tropical Storm Helene |
| August 10, 2024 | Tropical Storm | DR-4806: Hurricane Debby |
Jobs and pay in Hillsborough County
Hillsborough County had 789,442 jobs in 2024, paying an average of $75,256 a year. Unemployment was 2.9% in 2023; in Lake Magdalene itself the ACS puts it at 3.6%.
Towns near Lake Magdalene
- Carrollwood, FL2.5 mi · 34,352 people · home $384,600
- Northdale, FL3.1 mi · 23,033 people · home $418,900
- University, FL3.1 mi · 50,893 people · home $164,900
- Lutz, FL4.6 mi · 23,707 people · home $486,500
- Egypt Lake-Leto, FL4.6 mi · 36,644 people · home $315,100
- Citrus Park, FL4.8 mi · 28,178 people · home $385,000
- Cheval, FL5.0 mi · 12,522 people · home $525,700
- Temple Terrace, FL7.1 mi · 26,690 people · home $334,800
Lake Magdalene questions
Is Lake Magdalene, Florida a good place to retire?
On The Town Files lifestyle rankings, Lake Magdalene scores better for retirees than 63% of Florida towns and quieter than 32%. 20.3% of residents are 65 or older (median age 40.8).
How much does a house cost in Lake Magdalene?
The median owner-occupied home in Lake Magdalene is valued at $371,800 (Census ACS 2020–2024), against a median household income of $75,594, so homes cost about 4.9 times income. Median rent is $1,434 a month.
What is the weather like in Lake Magdalene?
July highs average 91.0°F and January lows 52.8°F (NOAA 1991–2020 normals). It gets about 49.5 inches of precipitation a year and 0.0 inches of snow.
Does Lake Magdalene get tornadoes?
70 tornadoes have passed within 10 miles of Lake Magdalene since 1950 (NOAA Storm Events); the strongest was a F4 on April 4, 1966. The typical Florida town has had 35.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)