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AREA INFORMATION

33898 (Lake Wales, FL)

Explore the real estate in 33898 (Lake Wales, FL)

Area Highlights

33898 (Lake Wales, FL) residents have a median age of 50.2 years old, with employment highest in the sales and transportation industries.

22,100 Population

The population has increased by 9.2% since the year 2010.

9,152 Households

$50,785 /yr
Median Household Income

$214,000
Median Home Sale Price

27m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

50.2 Median Age

Average Household Size

2.3
persons per
household

45.6%

Married Households

Community Population By Education

High School Graduate 34%
Some College 22%
Some High School 17%
Bachelors Degree 11%
Associates Degree 10%
Graduate Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 34.38% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
23.4% of households have children

Economics

$50,785 /yr
Median Household Income
$214,000
Median Sales Price
27 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 21.45% of the households.

Transportation to Work

  • Drive 91%
  • Work from Home 7%
  • Walk or Bike 3%
  • Public Transit 0%

Occupancy by Type

Owned 6,799 56%
Vacant 3,078 25%
Rented 2,353 19%

White vs Blue Collar Jobs







White Collar 63%
Blue Collar 37%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 50.2 years old. The smallest percentage group is 65-74 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 70%
Hispanic 18%
Black 12%
Other 7%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 70%, followed by Hispanic at 18%, Black at 12%, and Other at 7%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

92° July
Hottest Average Month
49° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
49°
73°
Feb
51°
75°
Mar
55°
79°
Apr
59°
84°
May
64°
89°
Jun
70°
91°
Jul
71°
92°
Aug
72°
92°
Sep
71°
90°
Oct
65°
85°
Nov
56°
79°
Dec
51°
74°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$279,990
For sale
3 beds • 2 baths • 1,589 sqft

401 Hennepin Loop Plan: Polaris
Lake Wales, FL 33898

$282,990
For sale
3 beds • 2 baths • 1,429 sqft

401 Hennepin Loop Plan: Larissa
Lake Wales, FL 33898

$287,990
For sale
3 beds • 2 baths • 1,536 sqft

401 Hennepin Loop Plan: Glimmer
Lake Wales, FL 33898

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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