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Lake Wales, FL Real Estate

Lake Wales, Florida is located in Polk County. Nearby cities and towns include Waverly, Highland Park, Dundee, Crooked Lake Park, Babson Park, Cypress Gardens, Hillcrest Heights, Alturas, Wahneta, Winter Haven, Lake Hamilton, Grenelefe, Eagle Lake, Haines City, Frostproof, Inwood, Bartow, Jan Phyl Village, Lake Alfred, Homeland, Poinciana, Davenport, Fort Meade, Auburndale, Highland City, Fussels Corner, Crystal Lake, Combee Settlement, Lakeland Highlands, Loughman, Polk City, Avon Park, Lakeland, Mulberry, Medulla, Bowling Green, Lemon Grove, Fuller Heights, and Bradley Junction. Lake Wales is a suburban community with a population of 14,621. The median household income is $35,338. In Lake Wales, 48% of residents are married, and families with children reside in 33% of the households. Half the population of Lake Wales commutes 17 minutes or less to work, with 66% of residents holding white collar jobs and 34% residents holding blue collar jobs. The median age of homes in Lake Wales, FL is 26 years, with 48% of those homes owned, 36% rented, and 17% not occupied. In the previous year, 211 Lake Wales properties were sold. The median sale price of a home in Lake Wales in the previous year was $94,810.

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About Schools in Lake Wales, FL

Lake Wales offers a range of educational opportunities with 5 elementary schools, 2 middle schools and 2 high schools.

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Lake Wales, FL Local Market & Demographic Data

Married vs. single

Lake Wales, FL
  • 52% Single
  • 48% Married
Florida
  • 53% Single
  • 47% Married

Male VS. Female

Lake Wales, FL
  • 53% Female
  • 47% Male
Florida
  • 51% Female
  • 49% Male

Average Age of Citizens in Lake Wales, FL

  • 41
  • 41
  • Lake Wales, FL
  • Florida

Average Age of Homes in Lake Wales, FL

  • 26
  • 20
  • Lake Wales, FL
  • Florida

Vacant Homes in Lake Wales, FL

  • 17%
  • 15%
  • Lake Wales, FL
  • Florida

Average INCOME of Citizens

  • $48,475
  • $67,510
  • Lake Wales, FL
  • Florida

Owned Homes vs. Rented Homes

Lake Wales, FL
  • 48% Owned
  • 36% Rented
Florida
  • 55% Owned
  • 30% Rented