2025 Compare Cities Economy:
Montgomery, AL vs Lake Wales, FL

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Highlights
- Household income in Lake Wales, is 2% less than it is in Montgomery and is 40% below the National Average.
- Montgomery unemployment rate is 5.8%.
- Lake Wales unemployment rate is 5.6%.
 Montgomery, ALLake Wales, FLUnited States
 Unemployment Rate  Unlock5.6%6.0%
 Recent Job Growth  Unlock2.9%1.6%
 Future Job Growth30.3%  Unlock33.5%
 Sales Taxes10.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$29,038  Unlock$37,638
 Household Income  Unlock$49,226$69,021
 Family Median Income$60,908  Unlock$85,028
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 Est. Households By Income
 Montgomery, ALLake Wales, FLUnited States
 Income Less Than 15K  Unlock17.2%9.4%
 Income between 15K and 20K5.3%  Unlock3.8%
 Income between 20K and 30K  Unlock9.9%8.1%
 Income between 30K and 40K9.8%  Unlock8.0%
 Income between 40K and 50K  Unlock8.5%7.6%
 Income between 50K and 60K8.3%  Unlock7.2%
 Income between 60K and 75K  Unlock13.2%9.6%
 Income between 75K and 100K11.5%  Unlock12.8%
 Income between 100K and 150K  Unlock7.9%16.3%
 Income between 150K and 200K4.5%  Unlock7.8%
 Income greater than 200K  Unlock1.8%9.5%
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 Population By Occupation
 Montgomery, ALLake Wales, FLUnited States
 Management, business, finance14.0%  Unlock16.4%
 Engineering, computers, science  Unlock1.2%6.5%
 Community, social services2.4%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library7.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.1%2.0%
 Healthcare practitioners and technology4.8%  Unlock6.2%
 Healthcare support  Unlock6.4%3.3%
 Firefighters, law enforcement2.6%  Unlock2.1%
 Food preparation, serving  Unlock6.1%5.4%
 Building maintenance3.7%  Unlock3.6%
 Personal care  Unlock2.1%2.6%
 Sales, office, administrative support23.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.9%0.6%
 Construction, extraction, maintenance/repair5.5%  Unlock8.1%
 Production, transportation, material moving  Unlock19.4%13.1%
Reviews for Montgomery    31 Reviews

Over 4 years ago

Overall, I rate Montgomery as a decent city--not great but not awful. Before moving here in 1984, I lived in Houston, Texas, Little Rock, Arkansas, Tallahassee, Florida,  More

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Over 6 years ago

This city is too  More

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Let's see, something, anything, nice to say about this place. Well, the property taxes are low, as is the cost of living, BUT...that's because it's a sh!thole town and  More

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Reviews for Lake Wales    2 Reviews

Over 18 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 18 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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