City Data for Lake Wales, FL

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What is the best city to live in in the USA? The city statistics provided here are gathered from the latest published data from the US Census Bureau and Realtor.com. It is meant to provide information about the city of Lake Wales as you decide on a location for your next home or real estate venture. We provide real estate statistics as well as general city statistics.

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Housing Data (February 2026)

Median Price per SqFt
$187
Median Listing Price
$299,950
Median Days on Market
76
Active Listings
277
New Listings
68
Total Listings (Active + Pending)
349
Avg Listing Price
$387,860
Avg Listing Price Change MoM
-2%
Avg Listing Price Change YoY
2%

City Data

City
Lake Wales
State ID
FL
Population
16,759

Age Breakdown

Median Age
40.3
Under 10 years old
13.4%
Age 10-19
12.7%
Age 20s
13.8%
Age 30s
10.0%
Age 40s
8.7%
Age 50s
11.6%
Age 60s
13.7%
Age 70s
10.8%
Age Over 80
5.4%

Gender Breakdown

Male
45.1%
Female
54.9%

Marital Status

Married
41.9%
Divorced
17.0%
Never Married
32.4%
Widowed
8.7%

Household

Family Size
3.41
Family Dual Income
46.4
Median Household Income
$44,186
Median Individual Income
$23,560
Home Ownership
53.8%
Home Value
$165,024
Median Rent
$821
Rent Burden
31.6%
Poverty
18.1%

Education

No Highschool Degree or GED
18.5%
Highschool Education
30.8%
Some College
29.2%
Bachelors Degree
14.7%
Graduate Degree
6.8%
Total College or Above
21.5%
Stem Degree
34.1%

Workforce

Labor Force Participation
55.6%
Unemployment Rate
7.7%
Disabled
16.2%

Ethnicity

White
68.7%
Black
26.0%
Asian
0.3%
Native American
0.1%
Pacific Islander
0.1%
Other
1.4%
Multiple
3.4%

Other

Hispanic
18.8%
Limited English
4.6%
Health Uninsured
11.6%
Veteran
13.0%