Lake Wales, FL Profile: Facts, Map & Data

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Lake Wales, Florida - Basic Facts

The City of Lake Wales is an incorporated place (Class Code P1) located in Polk County at latitude 27.9207 and longitude -81.5995. Polk County is in the Eastern time zone (GMT -5). The elevation is 148 feet.

The formal official name is the City of Lake Wales, but most people and references simply refer to it as Lake Wales, Florida.

The P1 Census Class Code for Lake Wales indicates a populated place that is also an incorporated place with the same name and the same census code. The Incorporated Place has a Functional Status Code "A" which identifies an active government providing primary general-purpose functions.

The formal boundaries for the City of Lake Wales (see map below) encompass a land area of 18.93 sq. miles and a water area of 1.26 sq. miles.

City of Lake Wales, FL Boundary Map


Also See: BIG Map | Driving Directions | FL Congressional Districts
Boundary Maps: Lake Wales CCD | Polk County | Florida Counties

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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.

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.