Cost of living (Clay Affordability Index)
CAI 95 —
5% below the national average.
how it's computed
Housing3% below
Goods & services2% below
Utilities8% above
Taxes63% below
Insurance49% above
Commute cost13% below
No natural gas service in this area — most homes heat with electricity or propane.
For business: Florida is
CBII band 2/5
· time to build band 1/5.
See state page for the breakdown.
Living here
Nearest 4-year college5 mi
Nearest community college39 mi
Nearest technical college13 mi
High school graduates87.5%
College graduates20.8%
Doing business here
Economic development contacts, most local first:
city
Lake Wales
The Lake Wales Area Chamber of Commerce and Economic Development Council serves as a chamber of commerce and economic development organization for Lake Wales, promoting a strong business climate and quality of life by providing training, networking opportunities, and information to current and future entrepreneurs.
state
Enterprise Florida
Florida-based economic development organization page offering business development, export resources, and international trade information, with contact details for a regional business development team.
state
Florida Economic Development Council
Florida Economic Development Council is a Florida-based economic development organization with a board of directors and staff, offering membership, advocacy, events, and professional development for Florida's economic development professionals.
State sales taxYes
State income taxNone
Right-to-work stateYes