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Lake Wales, FL

Comprehensive demographics, housing data, local amenities, and economic statistics for Lake Wales.

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Community Insights

Amenity Score
72/100
highly walkable area
Leading Industries
Finance & Insurance · Information & Media · Education
7% finance & insurance
Home Value Growth⬆
+8.2% over 2 years
Young Adults
30% of residents
above average nationally
Homeowners
59% of occupied units

People & Demographics

Total Population16,494
Households—
Under 18
22.0%
Age 18–34
30.0%
Age 35–64
29.0%
Age 65+
20.0%
Veterans
6.0%
Active Duty
0.0%

Housing & Living

Median Home Value$186,549
Median Gross Rent$1,134/mo
Owner Occupied
59.1%
Renter Occupied
40.9%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$49,049
Poverty Rate—

Key Industries

Healthcare10.0%
Professional Services0.0%
Manufacturing0.0%
Retail9.0%
Education2.0%

Amenities & Transit

Transit Score72 / 100
Walkability / Amenities72 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
12.0%
Master's or Higher
4.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Lake Wales?›

The total population of Lake Wales is approximately 16,494. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Is Lake Wales walkable and transit-friendly?›

Based on local geographic data, Lake Wales has an amenity and walkability score of 72/100 and a transit score of 72/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Lake Wales?›

The housing market in Lake Wales is predominantly driven by homeowners, with 59% of housing units being owner-occupied and 41% being renter-occupied.

What is the education level of residents in Lake Wales?›

In Lake Wales, approximately 12% of adult residents hold a bachelor's degree or higher. Additionally, 4% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.