Lake Wales is a city located in Polk County, Florida. Lake Wales has a 2026 population of 18,552. Lake Wales is currently growing at a rate of 2.07% annually and its population has increased by 13.89% since the most recent census, which recorded a population of 16,290 in 2020.
The median household income in Lake Wales is $56,347 with a poverty rate of 22.44%. The median age in Lake Wales is 42.7 years: 38.2 years for males, and 49 years for females. For every 100 females there are 87.8 males.
Data after 2023 is projected based on recent change
Overall: 42.7 years
Female: 49 years
Male: 38.2 years
There are 13,567 adults, (4,488 of whom are seniors) in Lake Wales.
Female: 8,937 (53.2%)
Male: 7,848 (46.8%)
The racial composition of Lake Wales includes 49.98% White, 21.77% Black or African American, 11.22% other race, and smaller percentages for Asian, Native American, Native Hawaiian or Pacific Islander and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 8,389 | 49.98% |
| Black or African American | 3,654 | 21.77% |
| Two or more races | 2,613 | 15.57% |
| Other race | 1,883 | 11.22% |
| Asian | 186 | 1.11% |
| Native American | 34 | 0.2% |
| Native Hawaiian or Pacific Islander | 26 | 0.15% |
Lake Wales ' average per capita income is $39,976. Household income levels show a median of $56,347. The poverty rate stands at 22.44%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $76,667 | - |
| Families | $65,430 | $77,528 |
| Households | $56,347 | $66,110 |
| Non Families | $24,849 | $42,348 |
Average Income
Median Household Income
Poverty Rate