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2024 Compare Cities Economy:
Lake Wales, FL vs Melbourne, FL

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Highlights
- Household income in Melbourne, is 13% more than it is in Lake Wales and is 24% below the National Average.
- Lake Wales unemployment rate is 5.6%.
- Melbourne unemployment rate is 4.7%.

Economy
 Lake Wales, FLMelbourne, FLUnited States
 Unemployment Rate5.6%4.7%6.0%
 Recent Job Growth2.9%1.9%1.6%
 Future Job Growth43.7%40.7%33.5%
 Sales Taxes7.0%7.0%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$25,469$30,940$37,638
 Household Income$49,226$55,543$69,021
 Family Median Income$59,912$67,971$85,028
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 Est. Households By Income
 Lake Wales, FLMelbourne, FLUnited States
 Income Less Than 15K17.2%11.2%9.4%
 Income between 15K and 20K5.9%6.2%3.8%
 Income between 20K and 30K9.9%8.7%8.1%
 Income between 30K and 40K9.5%9.7%8.0%
 Income between 40K and 50K8.5%10.4%7.6%
 Income between 50K and 60K7.3%7.7%7.2%
 Income between 60K and 75K13.2%11.6%9.6%
 Income between 75K and 100K15.2%13.1%12.8%
 Income between 100K and 150K7.9%13.4%16.3%
 Income between 150K and 200K3.6%4.2%7.8%
 Income greater than 200K1.8%3.9%9.5%
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 Population By Occupation
 Lake Wales, FLMelbourne, FLUnited States
 Management, business, finance6.1%12.5%16.4%
 Engineering, computers, science1.2%10.9%6.5%
 Community, social services4.3%1.7%1.8%
 Legal0.9%0.9%1.2%
 Education, library5.1%5.2%6.2%
 Arts, design, media, sports, entertainment2.1%2.0%2.0%
 Healthcare practitioners and technology8.2%7.3%6.2%
 Healthcare support6.4%2.9%3.3%
 Firefighters, law enforcement2.8%2.4%2.1%
 Food preparation, serving6.1%7.8%5.4%
 Building maintenance6.6%3.7%3.6%
 Personal care2.1%2.5%2.6%
 Sales, office, administrative support21.3%21.7%20.9%
 Farming, fishing, forestry0.9%0.2%0.6%
 Construction, extraction, maintenance/repair6.5%8.0%8.1%
 Production, transportation, material moving19.4%10.4%13.1%

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Reviews for Lake Wales    2 Reviews

Over 17 years ago

I have lived in Lake Wales, Florida for almost 8 years. Most of the people are very nice, but it can be very difficult to find a decent job there. The weather is pretty  More

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Over 17 years ago

Lake Wales, Fl has great weather year round. Although summers can be quite hot, most of the year is very enjoyable and  More

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Reviews for Melbourne    29 Reviews

Was looking for change from Orlando area- crime and hecticness- and went to an opposite extreme Let me start by saying that I am moving soon. I am moving back to the  More

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Over 3 years ago

Moved here from Ohio 3 months ago, trying not to be disappointed, there isn't much to do, its really small and shopping is bad. I wanted out of Cleveland but didn't  More

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I have lived in many areas of this town. It is growing and has a nice selection of older and very new areas. The access to beaches and parks is quick and well kept.   More

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ZIPS IN LAKE WALES, FLORIDA
33898 33853 33859
ZIPS IN MELBOURNE, FLORIDA
32935 32901 32934 32903

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