Lake Wales is a medium-sized city located in the state of Florida. With a population of 16,361 people and 12 constituent neighborhoods, Lake Wales is the 163rd largest community in Florida. There's nothing like the smell of a brand new house, and in Lake Wales, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Lake Wales, and putting down their money on brand new construction. Lake Wales’s real estate is, on average, some of the newest in the nation. Lake Wales does seem to be experiencing an influx of affluent people, because the median household income is $48,145.00.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Lake Wales is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Lake Wales is a city of sales and office workers, service providers, and professionals. There are especially a lot of people living in Lake Wales who work in office and administrative support (15.97%), sales jobs (8.63%), and healthcare (7.18%).
In terms of college education, Lake Wales is nearly on par with the US average for all cities of 21.84%: 18.41% of adults 25 and older in Lake Wales have a bachelor's degree or advanced degree.
The per capita income in Lake Wales in 2018 was $24,086, which is lower middle income relative to Florida and the nation. This equates to an annual income of $96,344 for a family of four. However, Lake Wales contains both very wealthy and poor people as well.
Lake Wales is an extremely ethnically-diverse city. The people who call Lake Wales home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Wales residents report their race to be White, followed by Black or African-American. Lake Wales also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 23.78% of the city’s residents. Important ancestries of people in Lake Wales include German, Irish, English, Jamaican, and Polish.
The most common language spoken in Lake Wales is English. Other important languages spoken here include Spanish and Polish.