Can A Paramedic Afford Rent in Lake Wales, FL?

Stretched but workable — rent takes 38.5% of gross income.

Lake Wales rent: June 2026. Salary: BLS OEWS May 2024 (Florida state estimate).

Lake Wales median rent
$1,586/mo
Paramedic salary (Florida)
$49,457/yr
Rent as % of income
38.5%
Gross monthly income works out to about $4,121, and the 30% rule supports up to $1,236/mo in rent. Lake Wales's median rent of $1,586 exceeds that threshold by $350/mo, putting a paramedic salary into the rent-burdened range here. A paramedic works roughly 66.7 hours a month to cover that rent.

About rent and a paramedic salary

Paramedic and EMT base pay sits modestly below the US median household income and is often supplemented by overtime. At the national-average paramedic salary, the 30% rule supports about $1,330 a month in rent.

Cheaper rent nearby

These Florida cities have lower median rent than Lake Wales, which improves the affordability math on a paramedic salary:

Davenport, FL
$1,585/mo (38.5% of income)
Egypt Lake-Leto, FL
$1,585/mo (38.5% of income)
Leesburg, FL
$1,584/mo (38.4% of income)

Compare with full rent data for Lake Wales

View full rent data for Lake Wales, FL

Frequently asked questions

Can a paramedic afford rent in Lake Wales, FL?

Median rent in Lake Wales is $1,586 a month. A typical paramedic in Florida earns about $49,457 a year, which makes that rent 38.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a paramedic afford in Lake Wales?

Using the 30% rule, a paramedic salary in Florida (~$49,457/yr) supports up to $1,236 a month in rent. Lake Wales's current median rent is $1,586/mo, which is $350/mo over the affordability threshold.

How many hours does a paramedic work to cover rent in Lake Wales?

At an hourly equivalent of about $24 an hour, a paramedic in Florida works roughly 66.7 hours a month to cover Lake Wales's median rent of $1,586.

Where is rent cheaper than Lake Wales for a paramedic?

Nearby Florida cities with lower median rent include Davenport ($1,585/mo), Egypt Lake-Leto ($1,585/mo), Leesburg ($1,584/mo). Each shifts the affordability math materially on a paramedic salary.

Methodology: Salary uses the BLS-derived Florida state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Lake Wales, FL. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.