Research into vocabulary knowledge often differentiates between breadth (how many words a person knows) and depth (how well the words are known). Both theoretical categories are essential for understanding language learners’ lexical development, but how the different aspects of vocabulary knowledge interconnect has not received the same attention as each individual dimension, especially in terms of productive knowledge. This study analyses lexis from mid-frequency lemmas in the K3–K9 frequency bands from the learner corpus PELIC (The University of Pittsburgh English Language Corpus). Critically for learners, mastery of lexis in this frequency range is essential for achieving the English proficiency required for university study. From these mid-frequency items, a dataset of 7,554 tokens were collected from word families with multiple derivations and manually annotated. The findings showed high rates of collocational and derivational accuracy for the forms learners opted to use. However, compared to expert speaker texts in the Corpus of Contemporary American English (COCA), learners overused the verb forms and underused the noun forms of these lexical items. These patterns provide evidence of the interplay between breadth and depth in learners’ productive vocabulary usage, suggesting that increased lexical depth will naturally lead to greater lexical breadth and vice versa. Pedagogical implications reaffirm the importance of developing learners’ explicit morphological awareness and collocational accuracy. Suggestions for mid-frequency lexical items to prioritize in language learning are also provided, with a view to helping learners achieve academic readiness.