Lake Wales, Florida — Tax Burden
What is the tax burden in Lake Wales, Florida?
Lake Wales, Florida has a total tax burden of 5.47%, ranking #6306 nationally. Property tax rate: 0.85%, state income tax: 0.000%, sales tax: 7.02%. Median household income is $55,833.
Source: US Census ACS, 2022
Ranked #6306 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
5.47%
Rank: 6306th nationally
Property Tax Rate
0.85%
Rank: 4103rd nationally
Income Tax Rate
0.000%
Florida state rate
Sales Tax Rate
7.02%
State + local combined
Tax Burden Breakdown
Property (58%)Income (0%)Sales (42%)
Median Income: $55,833
Median Home Value: $208,500
Median Property Tax: $1,762/yr
Population: 16,455