Lake Wales, FL
16,785Residents
$56,347Median household income
$1,110/moMedian gross rent
$239,300Median home value
42.7Median age
21%Adults with a bachelor’s degree or higher
59%Homes lived in by their owners
4.2×Home value to household income
Median rent takes about 24% of the median household income in Lake Wales.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $44,000 a year. In Florida that leaves roughly $3,128 a month after tax. See the full paycheck breakdown for $45,000.
Largest places in Florida
- Jacksonville
- Miami
- Tampa
- Orlando
- St. Petersburg
- Port St. Lucie
- Hialeah
- Cape Coral
- Tallahassee
- Fort Lauderdale
All cities in Florida · Highest-paying jobs in Florida
Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.