About Lake Wales, Florida
Lake Wales, a city located in the state of Florida (FL), is home to a population of approximately 16,455 people. Lake Wales boasts a median age of 43.1, with around 32.6% of its residents aged 60 or above. 10.4% of the population identifies as US Veterans. 17.1% of Lake Wales residents are disabled. The city has an average household income of $55,833, while the unemployment rate stands at 5.7%, and around 20.3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Lake Wales is $207,828, with a monthly rent averaging $1,000.