In 2022, Lake Wales, FL had a population of 16.5k people with a median age of 43.1 and a median household income of $55,833. Between 2021 and 2022 the population of Lake Wales, FL grew from 16,173 to 16,455, a 1.74% increase and its median household income grew from $49,226 to $55,833, a 13.4% increase.
The 5 largest ethnic groups in Lake Wales, FL are White (Non-Hispanic) (49.8%), Black or African American (Non-Hispanic) (19.6%), Two+ (Hispanic) (10.8%), White (Hispanic) (9.04%), and Other (Hispanic) (7.52%).
None of the households in Lake Wales, FL reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
94.1% of the residents in Lake Wales, FL are U.S. citizens.
The largest universities in Lake Wales, FL are Ruben's Five Star Academy (36 degrees awarded in 2022).
In 2022, the median property value in Lake Wales, FL was $208,500, and the homeownership rate was 59.8%.
Most people in Lake Wales, FL drove alone to work, and the average commute time was 27 minutes. The average car ownership in Lake Wales, FL was 2 cars per household.