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Lake Wales City, Florida Housing Analysis

   (County: Polk County)

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Housing Analysis

Everyone needs shelter in rented housing or individually owned homes. Each community, including Lake Wales City, Florida, is different from the rest based on overall architecture, appearance, occupancy, average housing square footage, average home value, and average home age.





(updated 2010)



Household Type
(Lake Wales City, Florida)

Family households:

Married-couple family : 2,784

Other family:

Male householder, no wife present : 237

Female householder, no husband present : 994

Nonfamily households:

Householder living alone : 1,623

Householder not living alone : 216


(updated 2009)



Unmarried-Partner Households By Sex Of Partner
(Lake Wales City, Florida)

Unmarried-partner households:

Male householder and male partner : 25

Male householder and female partner : 203

Female householder and female partner : 36

Female householder and male partner : 75

All other households : 5,515


(updated 2009)



Household Type By Tenure
(Lake Wales City, Florida)

Family households:

Married-couple family:

Owner-occupied housing units : 2,286

Renter-occupied housing units : 498

Other family:

Male householder, no wife present:

Owner-occupied housing units : 134

Renter-occupied housing units : 103

Female householder, no husband present:

Owner-occupied housing units : 365

Renter-occupied housing units : 629

Nonfamily households:

Owner-occupied housing units : 908

Renter-occupied housing units : 931


(updated 2009)



Household Income (Annual)
(Lake Wales City, Florida)

Less than $10,000 : 794

$10,000 to $14,999 : 396

$15,000 to $19,999 : 259

$20,000 to $24,999 : 496

$25,000 to $29,999 : 364

$30,000 to $34,999 : 648

$35,000 to $39,999 : 357

$40,000 to $44,999 : 283

$45,000 to $49,999 : 335

$50,000 to $59,999 : 549

$60,000 to $74,999 : 533

$75,000 to $99,999 : 429

$100,000 to $124,999 : 198

$125,000 to $149,999 : 43

$150,000 to $199,999 : 104

$200,000 or more : 66


(updated 2009)



Housing Units
(Lake Wales City, Florida)

Total : 7,280


(updated 2009)



Occupancy Status
(Lake Wales City, Florida)

Occupied : 5,854

Vacant : 1,426


(updated 2009)



Median Number Of Rooms
(Lake Wales City, Florida)

Median number of rooms : 5


(updated 2009)



Year Structure Built
(Lake Wales City, Florida)

Built 2005 or later : 556

Built 2000 to 2004 : 1,133

Built 1990 to 1999 : 1,269

Built 1980 to 1989 : 654

Built 1970 to 1979 : 1,107

Built 1960 to 1969 : 741

Built 1950 to 1959 : 1,126

Built 1940 to 1949 : 413

Built 1939 or earlier : 281


(updated 2009)



House Heating Fuel
(Lake Wales City, Florida)

Utility gas : 223

Bottled, tank, or LP gas : 65

Electricity : 5,505

Fuel oil, kerosene, etc. : 24

Coal or coke : 0

Wood : 0

Solar energy : 0

Other fuel : 0

No fuel used : 37


(updated 2009)



House Value
(Lake Wales City, Florida)

Less than $10,000 : 70

$10,000 to $14,999 : 10

$15,000 to $19,999 : 0

$20,000 to $24,999 : 58

$25,000 to $29,999 : 14

$30,000 to $34,999 : 94

$35,000 to $39,999 : 20

$40,000 to $49,999 : 199

$50,000 to $59,999 : 171

$60,000 to $69,999 : 156

$70,000 to $79,999 : 168

$80,000 to $89,999 : 168

$90,000 to $99,999 : 126

$100,000 to $124,999 : 335

$125,000 to $149,999 : 371

$150,000 to $174,999 : 238

$175,000 to $199,999 : 427

$200,000 to $249,999 : 389

$250,000 to $299,999 : 261

$300,000 to $399,999 : 316

$400,000 to $499,999 : 45

$500,000 to $749,999 : 35

$750,000 to $999,999 : 10

$1,000,000 or more : 12


(updated 2009)



Mortgage Status
(Lake Wales City, Florida)

Housing units with a mortgage, contract to purchase, or similar debt:

With either a second mortgage or home equity loan, but not both:

Second mortgage only : 88

Home equity loan only : 292

Both second mortgage and home equity loan : 20

No second mortgage and no home equity loan : 1,498

Housing units without a mortgage : 1,795


(updated 2009)



Median Value By Year Structure Built
(Lake Wales City, Florida)

Built 2005 or later : $217,200

Built 2000 to 2004 : $194,000

Built 1990 to 1999 : $134,500

Built 1980 to 1989 : $98,100

Built 1970 to 1979 : $121,900

Built 1960 to 1969 : $137,300

Built 1950 to 1959 : $129,100

Built 1940 to 1949 : $79,500

Built 1939 or earlier : $176,700


(updated 2009)







Percentage of Family Households in Lake Wales City, Florida: 65.3%

Percentage of Family Households in Florida: 65.2%


(updated 2010)



Population in Group Quarters in Lake Wales City, Florida

Institutionalized population


  • Nursing facilities/Skilled-nursing facilities : 53.69%
  • Other institutional facilities : 30.68%

Noninstitutionalized population


  • Other noninstitutional facilities : 15.63%


(updated 2010)







Building Permits in Lake Wales City, Florida

* Units are useful in showing how many separate living spaces
were built. e.g. apartments, townhomes, condos, etc.

    Buildings Units Cost
1999        
  Single Family 54 54 $7,134,204
  Two Family 2 4 $136,000
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

56 58 $7,270,204
2000        
  Single Family 63 63 $4,100,759
  Two Family 0 0 $0
  Three and Four Family 1 3 $103,000
  Five or More Family 0 0 $0
  Total

64 66 $4,203,759
2001        
  Single Family 70 70 $4,229,412
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

70 70 $4,229,412
2002        
  Single Family 185 185 $16,690,027
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 8 192 $11,646,398
  Total

193 377 $28,336,425
2003        
  Single Family 214 214 $22,318,659
  Two Family 5 10 $330,000
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

219 224 $22,648,659
2004        
  Single Family 290 290 $34,627,371
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 25 284 $19,162,348
  Total

315 574 $53,789,719
2005        
  Single Family 408 408 $48,291,185
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

408 408 $48,291,185
2006        
  Single Family 103 103 $14,732,593
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

103 103 $14,732,593


(updated 2007)



Median Household Income In 2000 (Lake Wales City, FL): $26,884
Median Household Income In 2000 (Florida): $38,819


(updated 2010)



Median House/Condo Value in 2000 (Lake Wales City): $68,300
Median House/Condo Value in 2000 (Florida): $93,200


(updated 2010)



Median Gross Rent in 2000 (Lake Wales City): $398
Median Gross Rent in 2000 (Florida): $641


(updated 2010)



Most Commonly Used Heating Fuel in Lake Wales City, Florida

Utility Gas: 10.1%
Bottled, Tank, Or Lp Gas: 5.4%
Electricity: 83.0%
Fuel Oil, Kerosene, Etc.: 0.7%
Coal Or Coke: 0.0%
Wood: 0.1%
Solar Energy: 0.0%
Other Fuel: 0.2%
No Fuel Used: 0.5%


(updated 2010)





(updated 2010)





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