Cost of living in Lake Lorraine, FL

Lake Lorraine is a census-designated place in Okaloosa County, FL. ACS 2024 5-year population is 6,903. Median gross rent is $1,654 (ACS 2024 5-year, this place). Median home value is $434,500. Median household income is $104,105. Insurance is the NAIC state average; food is a USDA plan — no town indexes.