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FL area data

Lake wales, FL

Lake wales, FL.

Population: 12,674 (Census ACS)

Home values & appreciation

Median home value
$221,872
1-year appreciation
-2.8%
3-year appreciation
-3.1%
5-year appreciation
+27.4%
10-year appreciation
+154.7%
All-time peak (2024-05)
$236,962
House Price Index
542.2 (-2.6% YoY)

Market activity

Median sale price
$269,520
Median list price
$256,995
Median days on market
30 days
Sale-to-list ratio
99.6%
Active listings
72
1-year forecast
-0.3%
New listings (monthly)
18

Rents

Typical rent
$1,497/mo
1BR fair-market rent
$1,373/mo
3BR fair-market rent
$2,111/mo

Affordability

Cost of living index (Above Average)
101.0 (100 = US avg)
Electricity rate (state-level)
15.2¢/kWh
Natural gas rate (state-level)
$25.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
9
Elementary schools
4
Middle schools
2
High schools
2
Charter schools
6

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
hurricane, lightning, strongWind, inlandFlooding, tornado
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Average annual temperature
74.0°F
Average high
86.0°F
Average low
63.0°F
Annual precipitation
53.7 in

Air quality

Air quality rating
Good
Median AQI (annual)
42
Days with Good air quality
275

Walkability & transit

Walkability index
6.7 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Lake Wales Municipal Airport (2 mi)
Nearest major airport
Lakeland Linder International Airport (LAL) (27 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
EV charging stations (within 10 mi)
24
Solar radiation rating
Good (5.0 kWh/m²/day)

Migration

Net migration
+12,108 tax filers

Housing stock

Median year housing built
1,976
Median annual property tax
$1,573
Mean commute to work
21 min
Households with broadband internet
59.3%

Employment & development

Total county employment
230,379
Average weekly wage
$1,024
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
7,628

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents