Life in Lake Wales research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Lake Wales over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Lake Wales:
The population in Lake Wales is 16,455.
The median home value in Lake Wales is $243,883.
The median income in Lake Wales is $55,833.
The cost of living in Lake Wales is 89 which is 0.9x lower than the national average.
The median rent in Lake Wales is $1,000.
The unemployment rate in Lake Wales is 5.7%.
The poverty rate in Lake Wales is 20.3%.
The average high in Lake Wales is 83.9° and the average low is 61.8°.
Crime in Lake Wales summary. We use data from the FBI to determine the crime rates in Lake Wales. Key points include:
There were 534 total crimes in Lake Wales in the last reporting year.
The overall crime rate per 100,000 people in Lake Wales is 3,179.9 / 100k people.
The violent crime rate per 100,000 people in Lake Wales is 601.4 / 100k people.
The property crime rate per 100,000 people in Lake Wales is 2,578.5 / 100k people.
Overall, crime in Lake Wales is 36.82% above the national average.
Statistic | Count Raw |
Lake Wales / 100k People |
Florida / 100k People |
National / 100k People |
---|---|---|---|---|
Total Crimes Per 100K | 534 | 3,179.9 | 2,153.0 | 2,324.2 |
Violent Crime | 101 | 601.4 | 383.6 | 369.8 |
Murder | 0 | 0.0 | 5.9 | 6.3 |
Robbery | 10 | 59.5 | 62.2 | 66.1 |
Aggravated Assault | 82 | 488.3 | 280.1 | 268.2 |
Property Crime | 433 | 2,578.5 | 1,769.4 | 1,954.4 |
Burglary | 74 | 440.7 | 240.6 | 269.8 |
Larceny | 332 | 1,977.0 | 1,352.7 | 1,401.9 |
Car Theft | 27 | 160.8 | 176.1 | 282.7 |
Cost of living in Lake Wales summary. We use data on the cost of living to determine how expensive it is to live in Lake Wales. Real estate prices drive most of the variance in cost of living around Florida. Key points include:
The cost of living in Lake Wales is 89 with 100 being average.
The cost of living in Lake Wales is 0.9x lower than the national average.
The median home value in Lake Wales is $243,883.
The median income in Lake Wales is $55,833.
Living Expense | Lake Wales | Florida | National Average | |
---|---|---|---|---|
Overall | 89 | 101 | 100 | |
Services | 107 | 98 | 100 | |
Groceries | 104 | 101 | 100 | |
Health | 91 | 96 | 100 | |
Housing | 63 | 108 | 100 | |
Transportation | 102 | 98 | 100 | |
Utilities | 91 | 100 | 100 |
The average high in Lake Wales is 83.9° and the average low is 61.8°.
There are 76.2 days of precipitation each year.
Expect an average of 49.4 inches of precipitation each year with 0.0 inches of snow.
Stat | Lake Wales |
---|---|
Average Annual High | 83.9 |
Average Annual Low | 61.8 |
Annual Precipitation Days | 76.2 |
Average Annual Precipitation | 49.4 |
Average Annual Snowfall | 0.0 |
The current population in Lake Wales is 16,455. The population has increased 18.5% from 2010.
Year | Population | % Change |
---|---|---|
2022 | 16,455 | 4.6% |
2021 | 15,735 | 2.2% |
2020 | 15,401 | 1.3% |
2019 | 15,206 | 1.9% |
2018 | 14,929 | 1.8% |
2017 | 14,665 | 1.3% |
2016 | 14,480 | 1.5% |
2015 | 14,268 | 1.3% |
2014 | 14,078 | 1.4% |
2013 | 13,884 | - |
49.8% White with 8,194 White residents.
19.6% African American with 3,224 African American residents.
0.3% American Indian with 49 American Indian residents.
0.1% Asian with 14 Asian residents.
0.1% Hawaiian with 9 Hawaiian residents.
0.2% Other with 36 Other residents.
2.4% Two Or More with 399 Two Or More residents.
27.5% Hispanic with 4,530 Hispanic residents.
Race | Lake Wales | FL | USA |
---|---|---|---|
White | 49.8% | 52.0% | 58.9% |
African American | 19.6% | 14.9% | 12.1% |
American Indian | 0.3% | 0.1% | 0.6% |
Asian | 0.1% | 2.8% | 5.7% |
Hawaiian | 0.1% | 0.1% | 0.2% |
Other | 0.2% | 0.5% | 0.4% |
Two Or More | 2.4% | 3.1% | 3.5% |
Hispanic | 27.5% | 26.5% | 18.7% |
Lake Wales is 51.9% female with 8,533 female residents.
Lake Wales is 48.1% male with 7,922 male residents.
Gender | Lake Wales | FL | USA |
---|---|---|---|
Female | 51.9% | 50.8% | 50.4% |
Male | 48.1% | 49.2% | 49.6% |
6.0% of adults in Lake Wales completed < 9th grade.
8.0% of adults in Lake Wales completed 9-12th grade.
32.0% of adults in Lake Wales completed high school / ged.
23.0% of adults in Lake Wales completed some college.
8.0% of adults in Lake Wales completed associate's degree.
15.0% of adults in Lake Wales completed bachelor's degree.
7.0% of adults in Lake Wales completed master's degree.
1.0% of adults in Lake Wales completed professional degree.
0.0% of adults in Lake Wales completed doctorate degree.
Education | Lake Wales | FL | USA |
---|---|---|---|
< 9th Grade | 6.0% | 6.0% | 4.0% |
9-12th Grade | 8.0% | 6.0% | 6.0% |
High School / GED | 32.0% | 28.0% | 26.0% |
Some College | 23.0% | 19.0% | 20.0% |
Associate's Degree | 8.0% | 10.0% | 9.0% |
Bachelor's Degree | 15.0% | 20.0% | 21.0% |
Master's Degree | 7.0% | 8.0% | 10.0% |
Professional Degree | 1.0% | 2.0% | 2.0% |
Doctorate Degree | 0.0% | 1.0% | 2.0% |
8.3% of households in Lake Wales earn Less than $10,000.
8.3% of households in Lake Wales earn $10,000 to $14,999.
12.8% of households in Lake Wales earn $15,000 to $24,999.
8.3% of households in Lake Wales earn $25,000 to $34,999.
9.0% of households in Lake Wales earn $35,000 to $49,999.
17.9% of households in Lake Wales earn $50,000 to $74,999.
15.8% of households in Lake Wales earn $75,000 to $99,999.
13.8% of households in Lake Wales earn $100,000 to $149,999.
4.1% of households in Lake Wales earn $150,000 to $199,999.
1.7% of households in Lake Wales earn $200,000 or more.
Income | Lake Wales | FL | USA |
---|---|---|---|
Less than $10,000 | 8.3% | 5.2% | 4.9% |
$10,000 to $14,999 | 8.3% | 3.7% | 3.8% |
$15,000 to $24,999 | 12.8% | 7.6% | 7.0% |
$25,000 to $34,999 | 8.3% | 8.3% | 7.4% |
$35,000 to $49,999 | 9.0% | 12.1% | 10.7% |
$50,000 to $74,999 | 17.9% | 17.6% | 16.1% |
$75,000 to $99,999 | 15.8% | 13.2% | 12.8% |
$100,000 to $149,999 | 13.8% | 16.0% | 17.1% |
$150,000 to $199,999 | 4.1% | 7.4% | 8.8% |
$200,000 or more | 1.7% | 9.0% | 11.4% |