According to statistics, the population in Lake Wales, FL amounts to 15,401, which shows growth 1% compared to the previous year. The median age of the city’s residents is 38. The average household income is $40,499, shifting growth 6% from the past year, and the average property value in Lake Wales, FL growth 24% to $134,100 throughout the year.
|Number Of Employees||5,649|
|Median Property Value||$134,100|
The average household income in Lake Wales, FL grew from $38,268 to $40,499 in the past year. This data is an estimate based upon 5,623 households in Lake Wales, FL . The chart below presents how household income is distributed in Lake Wales, FL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lake Wales, FL shifted from $108,000 to $134,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lake Wales, FL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lake Wales, FL properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lake Wales, FL compared to median property taxes around the country. The prevalent amount of property taxes in Lake Wales, FL equals $800, which is less than the national average.
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