Lake Wales Florida Real Estate
Lake Wales, Florida, is located in Polk County, 32 miles E of Lakeland, Florida and 167 miles S of Jacksonville, Florida. Lake Wales has a population of 10,194.
Lake Wales Homes
Lake Wales properties pool is 3,992 residential properties including Lake Wales new homes. Median age of real estate in Lake Wales is 1972. Average Household size is 3.06 people. 4% are one bedroom homes, 29% are 2 bedroom homes, 55% are 3 bedroom homes, 12% are 4 bedroom homes, and 0% are 5+ bedroom homes.
Lake Wales Mortgage Statistics
Lake Wales mortgages vs. USA median statistics
Homes |
Lake Wales |
USA |
Homes With No Mortgage |
40% |
30% |
Homes With Mortgage |
60% |
70% |
First Mortgage Only |
50% |
54% |
First & Second Mortgage or HELOC |
10% |
16% |
Lake Wales Area Real Estate Tax
Lake Wales Real estate Tax: Median Real Estate Taxes (2000) were $712 comparing to 1999 Median Family income $ 33,029. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Lake Wales School District: Children make up 26.9% of Lake Wales population. Lake Wales has 2,743 under 18 years old residents, or 0.72 kids per one worker, or 0.69 kids per one household.
Lake Wales Real Estate & Lake Wales Homeownership
There are 1237.52 or 31% one person households, 1317.36 or 33% two person households, and 558.88 or 14% three person households in Lake Wales, Florida. Median residents age is 36.9, Senior citizens (65+) make up 2,059 or 20.2%% of Lake Wales population.
There are 3,810 workers (over 16 years of age) in Lake Wales. Of these, 90.68% drive to work. Approximately 1.55% of workers in Lake Wales take public transportation. An estimated 3.1% walk to work.
Median Lake Wales homeowner's housing expences are 17.5%
Crime in Lake Wales (2003), crimes per 10,000 residents per year
Type of Crime |
Lake Wales |
USA, 2003 |
Violent Crimes |
78.48 |
47.5 |
Robberies |
24.52 |
14.2 |
Aggravated Assaults |
51.01 |
29.5 |
Property Crimes |
835.79 |
358.8 |
Burglaries |
199.14 |
74.0 |
Larceny-Thefts |
574.85 |
241.5 |
Motor Vehicle Thefts |
61.8 |
43.3 |
Invest in Lake Wales Properties
When making a decision about buying real estate in Lake Wales Florida area, you should consider following statistical data:
Category |
Lake Wales |
USA |
Near Medium City |
Lakeland, Florida |
- |
Near Large City |
Jacksonville, Florida |
- |
Lake Wales Zip Codes |
33853, 33859, 33867, 33898 |
- |
Lake Wales Area Codes |
863 |
- |
White population |
59.49% |
75.1% |
African-American population |
34.59% |
12.3% |
Asian |
0.51% |
3.6% |
American Indian & Alaskan |
0.3% |
0.9% |
Hispanic (of any race) |
9.95% |
12.5% |
Median Family Income (1999) |
$ 33,029% |
$42,000 |
Population Below Poverty Level |
20.95% |
12.4% |
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