Pros and Cons of Living in Lake Mary

Lake Mary's core trade-off is straightforward: a genuine, non-tourism corporate job base and family-suburb amenities, paid for with a real and rising cost premium relative to the rest of the Orlando metro.

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Pros

A real corporate employment base inside city limits (AT&T, AIG, AAA, Fiserv, Motorola, Siemens, Symantec, Chase, Blue Cross Blue Shield in the TownPark/Heathrow corridor) means some residents can genuinely live near where they work rather than commuting into Orlando. Seminole County Public Schools carries a strong district-level reputation (9th of 67 FL districts), crime runs below national and comparable-city averages across every source checked, and in-city hospital access (Orlando Health Lake Mary Hospital, AdventHealth ER) is unusual for a suburb this size.

Cons

Housing runs well above the Orlando-metro median ($455,450 median per a June 2026 Redfin snapshot), and cost-of-living indexes consistently place Lake Mary above national averages, driven by housing. Seminole County's 2025 property-tax increase (the first in 16 years) and a roughly 37% rise in homeowners-insurance premiums from 2022-2024 both add real, recent cost pressure. School data is more mixed than the district's overall reputation suggests -- Lake Mary High School's Algebra 1 proficiency (31%) trails the county average (64%) and chronic absenteeism has run as high as 36.6% in recent years.

Key takeaways

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Last reviewed: 2026-08-22. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.