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All About

Living In Lake Wales, FL

Lake Wales is a small city in Florida with slightly more than 15,000 residents. It's a nice place to settle down, as retirees make up a greater percentage of the population (21%) here than they do nationally (14%), while young adults appear in smaller numbers. Homeowners slightly outnumber renters in Lake Wales by a narrow 53%-47% margin. Renting remains an affordable option, though, as the city boasts a relatively low average rent of $854/month. Over the course of a year, renters in Lake Wales will save around $3,600 compared to the state average.

Lake Wales has a relatively high percentage of residents older than 25 with a high school degree or equivalent (22%) compared to the national average. Additionally, 8% possess a Bachelor's degree and 4% have earned a Master's degree or Doctorate. Retail is the most common industry in Lake Wales, representing 7% of the population. Meanwhile, looking at job function, 7% of residents work in sales, which ranks as the top field in the city. With an average annual income of almost $51K, Lake Wales workers earn less than the average Florida resident. The city's average income also falls below the national average of $73,345.

With an average commute time of about 25 minutes, outperforming most cities in Florida, Lake Wales residents have found that traveling to work isn't overly time-consuming. Many residents (33%) drive their own vehicle to work, while public transit isn't used widely. Walking isn't a common method of commuting to work.

Frequently Asked Questions About Lake Wales

Looking for a cheap Lake Wales apartment?

For the best deal, we recommend using our cheap apartments filter.

How Many Bedrooms Do You Need?

Are you living by yourself, with your family, or do you have roommates? Choose the number of bedrooms that match your needs: Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom.

How Can I Tour Virtually During Covid19 & Social Distancing?

You can virtually tour any apartment by using our Lake Wales, FL Virtual Tours filter. All properties in this filter contain either a 3d tour or a video tour.

Do you need a pet-friendly Lake Wales apartment?

If you have a dog or cat, you'll need to find an apartment in Lake Wales that accepts pets. Apply Apartment Guide's pet friendly filter to see only Lake Wales apartments that accept pets. Remember to read the apartment's specific guidelines for acceptable pet breeds and weights if applicable.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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