Income/capita 38%
Household income 31%
Unemployment 89%
IndexLake WalesFloridaNational
Income per capita$18,601$27,598$29,829
Median household income$38,268$48,900$55,322
Median income owner occupied$51,173$59,209$70,586
Median income renter occupied$27,164$34,622$35,192
Median earnings male$24,052$31,444$36,919
Median earnings female$16,662$25,332$26,250
Unemployment rate8.8%4.9%4.7%
Poverty level24.0%16.1%15.1%

Key findings

  • The income per capita in Lake Wales is 38% lower than the national average
  • The median household income in Lake Wales is 31% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Lake Wales is 89% higher than the national average
  • The poverty level in Lake Wales is 59% higher than the national average

Best Places for Employment in and Around Lake Wales

See all the best places to live around Lake Wales

Compare Lake Wales, FL Employment

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      Lake Wales median earnings by income bracket

      Lake Wales employment by industry

      Labour TypeMaleFemale
      Construction industry6.6%0.0%
      Manufacturing sector16.6%5.4%
      Financial & insurance services1.1%5.7%
      Wholesale & retail services20.9%18.9%
      Public administration4.5%5.7%
      Transportation, warehousing & utilities4.2%2.4%
      Education, health & social services8.8%32.6%

      Nearby cities with high median household income

      City, StatePopulationHousehold IncomeNational Avg.
      Hillcrest Heights, FL256$71,25029%
      Cypress Gardens, FL8,855$53,5143%
      Lake Hamilton, FL1,205$48,81012%
      Jan Phyl Village, FL4,802$48,51412%
      Eagle Lake, FL2,411$47,06515%
      Lake Wales, FL15,206$38,26831%

      Cities with similar population

      City, StatePopulationHousehold IncomeNational Avg.
      Greenwood Village, CO15,208$116,743111%
      North Myrtle Beach, SC15,201$49,86310%
      Alpine, CA15,188$79,44444%
      Pataskala, OH15,225$69,57426%
      Bellevue, WI15,187$53,3604%
      Lake Wales, FL15,206$38,26831%
      Source: The Lake Wales, FL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).