Lake Wales vs Palmetto Estates
Side-by-side comparison
How does Lake Wales, FL compare to Palmetto Estates, FL? Lake Wales has a population of 16,365 with a median household income of $55,799, while Palmetto Estates has 16,587 residents and a median income of $82,199. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Lake Wales, FL | Palmetto Estates, FL | Difference |
|---|---|---|---|
| Population | 16,365 | 16,587 | -1.3% |
| Median Age | 41.1 | 41.6 | -1.2% |
| Foreign Born % | 9.7% | 49.9% | -80.6% |
| Metric | Lake Wales | Palmetto Estates | Difference |
|---|---|---|---|
| Median Income | $55,799 | $82,199 | -32.1% |
| Unemployment | 6.3% | 4.3% | +46.5% |
| Poverty Rate | 24.4% | 10% | +144.0% |
| Bachelor's+ | 22% | 27.5% | -20.0% |
| Metric | Lake Wales | Palmetto Estates | Difference |
|---|---|---|---|
| Home Value | $225,900 | $412,200 | -45.2% |
| Median Rent | $1060/mo | $2015/mo | -47.4% |
| Housing Units | 7,961 | 4,253 | +87.2% |