Lake Wales vs Miami
| Lake Wales | Miami | |
|---|---|---|
| Population | 16,455 | 443,665 |
| Median Household Income | $56,347 | $62,462 |
| Median Home Value | $239,300 | $518,100 |
| Median Gross Rent | $1,110/mo | $1,758/mo |
| Homeownership Rate | 59.2% | 30.8% |
| Unemployment Rate | 5.9% | 5.2% |
| Bachelor's Degree or Higher | 20.8% | 37.4% |
| Median Age | 42.7 | 39.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.