Lake Wales, FL is a beautiful city located in 33859 zip code. The average two bedroom rent in Lake Wales is $1,010 per month, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index for Lake Wales is 103 versus 100 nationally, making groceries slightly more expensive. There are many local businesses that call Lake Wales home such as Gator Graphics Printing & Imaging Solutions, South Florida Building Supply Co., and First State Bank of the Florida Keys Inc. These companies add to the vibrancy of this small town and bring jobs and economic growth to the area.
Lake Wales (zip 33859) has an unemployment rate of 5.6%. The US average is 6.0%.
Lake Wales (zip 33859) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 43.7%, which is higher than the US average of 33.5%.
Tax Rates for Lake Wales (zip 33859)
- The Sales Tax Rate for Lake Wales (zip 33859) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Wales (zip 33859) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lake Wales (zip 33859)
- The average income of a Lake Wales (zip 33859) resident is $24,714 a year. The US average is $37,638 a year.
- The Median household income of a Lake Wales (zip 33859) resident is $50,879 a year. The US average is $69,021 a year.