Lake Wales at a Glance
Population
16,455
Median Home Value
$208,500
Nat'l avg: $281,900
Median Rent
$776
Nat'l avg: $1,163
Median Income
$55,833
Nat'l avg: $74,580
Violent Crime
4.0 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
AQI 38
Good
Climate Risk
Relatively Moderate
Score: 66.56
Explore Lake Wales
Dive deeper into Lake Wales with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Lake Wales ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Lake Wales
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Lake Wales
Young Professionals
Best neighborhoods for career starters in Lake Wales
Retiree Neighborhoods
Best neighborhoods for retirees in Lake Wales
Living In Guide
Complete guide to life in Lake Wales — cost, safety, schools & more
All Neighborhoods
Browse every neighborhood in Lake Wales with detailed data
About Lake Wales
Nestled in the heart of Central Florida, Lake Wales offers a refreshing alternative to the hustle and bustle of larger cities, appealing to those seeking affordability and a slower pace of life. With a population of just over 16,000, this charming community boasts a median home value of around $208,500, significantly below the national average, making homeownership a realistic dream. The relaxed atmosphere is palpable, where neighbors know each other and community events are a regular occurrence. Imagine spending your weekends exploring the scenic beauty of Bok Tower Gardens or enjoying the local cuisine – life in Lake Wales is all about savoring the simple pleasures. From an investment perspective, Lake Wales is particularly attractive. While the median household income hovers around $55,833, the cost of living remains exceptionally low, stretching your dollar further. The area is known for its safety, providing peace of mind for families and individuals alike. The housing market presents numerous opportunities for first-time homebuyers or those looking to downsize. With its blend of affordability, safety, and a welcoming community, Lake Wales is an ideal choice for retirees, young families, and anyone seeking a high quality of life without breaking the bank.