Economy & Jobs — Lake Wales, Florida
Income & Employment
| Median Household Income (Census) | $56,347 |
|---|
| Estimated 2026 | ~$63,600 |
|---|
| Per Capita Income | $27,794 |
|---|
| Poverty Rate | 22.4% |
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| Unemployment Rate | 5.9% |
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| In Labor Force | 6,000 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 24.9% |
| Arts Food | 12.1% |
| Retail | 11.3% |
Local Businesses (County)
| Type | Count |
|---|
| Fast Food | 447 |
| Physician Offices | 308 |
| Full Service Restaurants | 298 |
| Real Estate Offices | 278 |
| Insurance Agencies | 256 |
| Gas Stations | 223 |
| Law Offices | 193 |
| Dental Offices | 182 |
| Child Day Care | 141 |
| Beauty Salons | 131 |
| General Merchandise | 130 |
| Auto Repair | 104 |
| Grocery Stores | 100 |
| Convenience Stores | 98 |
| Commercial Banks | 95 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
