Lake Wales, FL Community Profile: Data

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Lake Wales, Florida - Basic Facts

Lake Wales is the common name for the community and surrounding area while the formal official name is the City of Lake Wales.

It is an incorporated place (Class Code P1) located in Polk County at latitude 27.9014 and longitude -81.5859. Polk County is in the Eastern time zone (GMT -5). The elevation is 148 feet.

The formal boundaries for the City of Lake Wales (see map) encompass a land area of 18.69 sq. miles and a water area of 1.26 sq. miles.

Camera Icon Photos of the local Lake Wales, FL area

Also See: Lake Wales, FL ZIP Codes and ZIP Code Maps

Lake Wales, FL - Peer Comparisons by Rank and Percentile

The table below compares Lake Wales to the other 920 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 230 75th
Population Density1 # 630 32nd
Diversity Index2 # 179 81st
Median Household Income # 744 19th
Per Capita Income # 633 31st

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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Lake Wales, FL Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 14,527
Population in Households 14,284
Population in Familes 11,324
Population in Group Qrtrs 243
Population Density1 777
Diversity Index2 66
 

HOUSEHOLDS

Total Households 5,866
Average Household Size 2.44
Family Households 3,784
Average Family Size 3

HOUSING

Total Housing Units 7,004 (100%)
Owner Occupied HU 3,225 (46.0%)
Renter Occupied HU 2,642 (37.7%)
Vacant Housing Units 1,138 (16.2%)
Median Home Value $101,737
Average Home Value $139,902
 

INCOME

Median Household Income $34,274
Average Household Income $48,055
Per Capita Income $19,372
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population 0.5% 0.75%
Households 0.31% 0.64%
Families 0.04% 0.48%
Median Household Income   3.06%
Per Capita Income   2.43%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Information Updates

The Demographic Data for the 2,259 Florida cities, towns, counties, ZIP Codes and Census Designated Places (CDPs) profiled in this gazetteer is updated annually. Last Update: July 1, 2014.

The ZIP Code maps and the data regarding the number of residential and business addresses in each ZIP Code are updated four times per year. Last Update: August 1, 2014.

The information on the 54,407 Florida Physical, Cultural and Historic Features is updated six times per year. Last Update: October 5, 2014.

The School Attendance Zone Maps for 2,713 Florida public schools are updated four times per year. Last Update: October 6, 2014.