Palmetto Estates vs Lake Wales
Side-by-side comparison
How does Palmetto Estates, FL compare to Lake Wales, FL? Palmetto Estates has a population of 16,587 with a median household income of $82,199, while Lake Wales has 16,365 residents and a median income of $55,799. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Palmetto Estates, FL | Lake Wales, FL | Difference |
|---|---|---|---|
| Population | 16,587 | 16,365 | +1.4% |
| Median Age | 41.6 | 41.1 | +1.2% |
| Foreign Born % | 49.9% | 9.7% | +414.4% |
| Metric | Palmetto Estates | Lake Wales | Difference |
|---|---|---|---|
| Median Income | $82,199 | $55,799 | +47.3% |
| Unemployment | 4.3% | 6.3% | -31.7% |
| Poverty Rate | 10% | 24.4% | -59.0% |
| Bachelor's+ | 27.5% | 22% | +25.0% |
| Metric | Palmetto Estates | Lake Wales | Difference |
|---|---|---|---|
| Home Value | $412,200 | $225,900 | +82.5% |
| Median Rent | $2015/mo | $1060/mo | +90.1% |
| Housing Units | 4,253 | 7,961 | -46.6% |