Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.9 yrs |
|---|---|
| Avg HH Size | 2.49 |
| Below Poverty | 16.9% ▲ 69% above avg |
| College Grads | 31.7% ▼ 18% below avg |
| Unemployment | 5.1% ≈ Avg |
| No HS Diploma | 717 (2.6%) |
| HS Graduate | 9,640 (35.3%) |
| Some College | 4,239 (15.5%) |
| Associates | 4,028 (14.7%) |
| Bachelors | 2,963 (10.8%) |
| Graduate Degree | 5,724 (21%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $52,506 ▼ 31% below avg |
|---|---|
| Median Home Value | $182,475 ▼ 35% below avg |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $1,104/mo |
| Total Housing Units | 21,302 |
| Vacant Units | 4,839 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lake Wales is a city in Florida, located in Polk County. The city spans 3 ZIP codes and is home to approximately 41,638 residents. It is a middle-aged city, with a median age of 44.9 years.
Economically, Lake Wales is a working-class community. The median household income of $52,505 is below the national average. Approximately 16.9% of residents live below the poverty line. The unemployment rate is 5.1%, near the national average.
The real estate market in Lake Wales is an affordable housing market. Median home values stand at $182,475, which is below the national average. Renters typically pay around $1,103 per month. Homeownership is high at 72.9%, typical of suburban and family-oriented communities.
The population of Lake Wales is moderately educated. 31.7% of adults hold a bachelor's degree or higher — below the national average. The community is majority White (61.09%).
Lake Wales, FL offers residents a cost-conscious lifestyle within Florida. Spread across 3 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.