| ZIP Code | 33898 |
|---|---|
| City | Lake Wales |
| State | Florida (FL) |
| County | Polk County |
| Area Code | 863 |
| Elevation | 70 ft |
| Latitude | 27.880552 |
|---|---|
| Longitude | -81.317534 |
| Timezone | New York (DST) |
| FIPS | 12105 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.9 yrs ↓ 2% since 2019 |
|---|---|
| Avg Household Size | 2.51 |
| Below Poverty | 10.0% ≈ Avg |
| College Grads | 29.9% ▼ 23% below avg |
| Unemployment | 4.3% ▼ 11% below avg |
| No HS Diploma | 299 (2.5%) |
| HS Graduate | 4,585 (37.7%) |
| Some College | 1,981 (16.3%) |
| Associates | 1,662 (13.7%) |
| Bachelors | 1,368 (11.2%) |
| Graduate Degree | 2,275 (18.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $54,778 ▼ 28% below avg ↑ 21% since 2019 |
|---|---|
| Median Home Value | $161,500 ▼ 42% below avg ↑ 36% since 2019 |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,122/mo ↑ 25% since 2019 |
| Total Units | 10,080 |
| Vacant Units | 2,753 |
| Avg HH Size | 2.51 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 10,080 |
|---|---|
| Vacant | 2,753 |
| Owner Occupied | 82.9% |
| Renter Occupied | 17.1% |
| Avg HH Size | 2.51 |
ZIP code 33898 is located in Lake Wales, Florida, within Polk County. With a population of 18,426, this is a moderately populated ZIP code with a mature community — the median age is 46.9 years. Economically, 33898 is a working-class ZIP code: the median household income of $54,778 is below the national average.
Real estate in ZIP code 33898 represents an affordable housing market. The median home value of $161,500 is below the national average. Renters can expect to pay around $1,122 per month in median rent. Homeownership is strong here — 82.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 36% since 2019.
The population of 33898 is primarily White (73.68%). Residents are moderately educated — 29.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 10.0%. Household income has grown by 21% since 2019.
The unemployment rate in 33898 stands at 4.3%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 33898 in Lake Wales, FL is characterized as working-class, moderately educated, a mature community, and predominantly owner-occupied. With 18,426 residents, a median household income of $54,778, and a median home value of $161,500, it offers a clear picture of life in this part of Florida.