Lake Wales celebrates the beauty of the area and its history with a number of special events throughout the year. The mild weather of the region allows many of these activities to take place outdoors and the city often utilizes its picturesque downtown streets for parades and street festivals.

One of the first major events of the year is the annual Mardi Gras celebration, which has bloomed into a major social and tourist event, drawing thousands of visitors from across Florida and beyond. A variety of activities highlight the six-week Carnival period, from a formal "Queens' Reception" to a wacky and colorful parade of "Krewes" featuring themed floats and costumes.

Other special events like Pioneer Days, which celebrates the fall season and the history of Lake Wales, and the Christmas Parade, are planned throughout the year in celebration of holidays and other occasions.

The Chamber of Commerce offers information on upcoming events. Additional area information is available from Lake Wales Main Street.