Lake Wales
Lake Wales has notably lower household income than the US average, with a median household income of $19,532. Population has declined 5% since 2000. Median home value is $54,000. The poverty rate of 22.5% is well above the national figure. Households here earn about 29% less than the Florida median.
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How many people live in Lake Wales, Florida?
Lake Wales, Florida has about 9,670 residents according to the 1990 Census.
What is the median household income in Lake Wales, Florida?
The typical household in Lake Wales, Florida earns about $19,532 a year. Half of households make more than that, and half make less.
Is Lake Wales, Florida expensive?
In Lake Wales, Florida, the median home is worth about $54,000, and the typical rent is about $323 a month.
How educated are people in Lake Wales, Florida?
About 14.3% of adults age 25 and over in Lake Wales, Florida hold a bachelor's degree or higher.
What is the poverty rate in Lake Wales, Florida?
About 22.5% of people in Lake Wales, Florida live below the federal poverty line.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024