Lake Wales, FL Housing Market & City Data

Explore key insights and real experiences from people who call Lake Wales home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

16,759
Population Estimate
$165,024
Median Home Value
92.3%
Employment Rate
21.5%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$174
Median Listing Price$292,275
Median Days on Market80
Active Listings214
New Listings66
Total Listings (Active + Pending)289
Avg Listing Price$325,998
Avg Listing Price Change MoM-0%
Avg Listing Price Change YoY-5%

HOUSEHOLD OVERVIEW

Family Size3.41
Family Dual Income46.4
Median Household Income$44,186
Median Individual Income$23,560
Home Ownership53.8%
Home Value$165,024
Median Rent$821
Rent Burden31.6%
Poverty18.1%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED18.5%
  • Highschool Education30.8%
  • Some College29.2%
  • Bachelors Degree14.7%
  • Graduate Degree6.8%
  • Total College or Above21.5%
  • Stem Degree34.1%

GENDER BREAKDOWN

  • Male45.1%
  • Female54.9%

MARITAL STATUS

  • Married41.9%
  • Divorced17.0%
  • Never Married32.4%
  • Widowed8.7%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityLake Wales
State IDFL
Population16,759

AGE BREAKDOWN

Age Group% of Population
Under 1826.1%
19–2913.8%
30–3910.0%
40–498.7%
Age Group% of Population
50–5911.6%
60–6913.7%
70–7910.8%
80+5.4%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation55.6%
Unemployment Rate7.7%
Disabled16.2%

ETHNICITY

White68.7%
Black26.0%
Asian0.3%
Native American0.1%
Pacific Islander0.1%
Other1.4%
Multiple3.4%

OTHER

Hispanic18.8%
Limited English4.6%
Health Uninsured11.6%
Veteran13.0%

Local Discussions

Community questions and conversations about living in Lake Wales, FL.

  1. Is Lake Wales, FL a good place to buy a house?

    Local perspectives on Lake Wales home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Lake Wales, FL for families?

    Local insights on Lake Wales neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Lake Wales, FL housing market?

    Local insights on Lake Wales home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Lake Wales, FL?

    Compare Lake Wales home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Lake Wales, FL?

    Explore Lake Wales neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Lake Wales, FL?

    Learn how Lake Wales home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Lake Wales, FL?

    Learn how Lake Wales property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Lake Wales, FL for first-time home buyers?

    Explore Lake Wales neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Lake Wales, FL?

    Local perspectives on Lake Wales neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Lake Wales, FL?

    What newcomers should know about Lake Wales housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Lake Wales, FL

Neighborhoods in Lake Wales, FL

Get to know neighborhoods in Lake Wales, ordered by the number of properties in the provider sample.

  • Lake Pierce Ranchettes Park

    Lake Pierce Ranchettes ↗

    Median asking price
    $82,450
    / sq ft
    $188
    Active listings
    8
    properties in discovery sample
    92
    D

    Nearby schools · estimated

    2/10 · 3 schools

  • Lake Ashton

    Lake Ashton ↗

    Median asking price
    $256,950
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    24
    D

    Nearby schools · estimated

    3.7/10 · 3 schools

  • Crooked Lake Park

    Crooked Lake Park ↗

    Median asking price
    $82,900
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    24
    C

    Nearby schools · estimated

    4/10 · 1 schools

  • Ridge Manor

    Ridge Manor ↗

    Median asking price
    $65,000
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    20
    D

    Nearby schools · estimated

    2.5/10 · 2 schools

  • East Lake Park

    East Lake Park ↗

    Median asking price
    $148,650
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    19
    D

    Nearby schools · estimated

    2.5/10 · 2 schools

Data as of . Listing snapshots from Redfin; nearby-school rating estimates.

About these neighborhood estimates

Prices and counts describe active listings returned by the provider, excluding coming-soon and nearby search results. They are asking prices, not sold prices, and may not include every home for sale.

Nearby-school grades are FastExpert estimates from the average available ratings of unique public schools returned for sampled neighborhood properties. A: 8–10; B: 6–under 8; C: 4–under 6; D: 2–under 4; F: 1–under 2. Unrated schools are excluded. Nearby schools may not be assigned to a specific address.

Photos show identified local landmarks. Five neighborhoods are shown, ordered by property count. Median asking price breaks a tie.