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Lake Magdalene, FL Utility & Living Guide
Lake Magdalene is a census-designated place (CDP) in Hillsborough County, Florida, United States. It is part of the Tampa Bay area.
Monthly Utility Costs
$120/mo
—
$45/mo
$25/mo
$65/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1096/mo |
| 2 Bedrooms | $1218/mo |
| 3 Bedrooms | $1522/mo |
| Median Home Price | $306,800 |
| Property Tax Rate | 1.2% |
| Avg Childcare/mo | $1000 |
The housing market in Lake Magdalene is competitive, with steady demand due to its proximity to Tampa. Prices have risen moderately over the past few years, making it a solid investment area.
Cost of Living
105
+5% above national average
102
98
100
$1000
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 7.5% |
| Property Tax Rate | 1.2% |
| <p>State 6% + County 1% + City 0.5%</p> | |
Florida has no state income tax.
Family & Relocation
50
6.5/10
$1000/mo
City Pulse
Public transit is limited; most families rely on cars. Sidewalks are available in some neighborhoods.
- Lake Magdalene Park
- Tampa Bay Grand Prix
- Glazer Children's Museum
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Lake Magdalene based on your household profile.
📰 Live Local News
Residents must adhere to Hillsborough County zoning laws and noise ordinances. Short-term rentals may require permits.
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
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📊 Lake Magdalene — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Summer months see higher electric bills due to AC usage, while winter months are milder with lower utility costs.
🏛️ Local Tax Details
Key ZIP code level tax info: Property tax millage rate of 1.2%, no local surtaxes specific to Lake Magdalene.
👶 Family & Stroller Friendliness
6/10: Sidewalks are present but uneven in some areas, parks are accessible, but public transit lacks family-friendly features.
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