Palm Beach County Real Estate - Lake Worth

Lake Worth is in South East Florida. It's population as recorded in the 2010 Census was 34,910. Lake Worth is approximately 58 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).

The median age for residents of Lake Worth is 35. Around 30.1% of Lake Worth households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 60% of the Lake Worth population are White, 19.8% are Black or African American, 5.6% American Indian, .9% Asian and 4.5% are Two or more Races. Lake Worth has a significant Hispanic population. 39.6% (13,834) of Lake Worth residents are of Hispanic or Latino origin. Of these 19.98% are of Mexican origin, 10.21% Puerto Rican, 10.39% Cuban and 59.4% are of other Hispanic or Latino origin.

There are 16,473 housing units in Lake Worth. 3,515 (21.3%) of these were reported as vacant in the 2010 Census. There are 7,843 residential rental units in Lake Worth. 6,535 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.

Lake Worth links:

Palm Beach County

Palm Beach County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Miami-Dade, Broward, and Monroe counties. Palm Beach County has 38 cities, towns and villages in total. West Palm Beach is the county's largest city and acts as the county seat. Palm Beach has a population over 1.3 million.

Palm Beach County has many wealthy towns such as Palm Beach, Boca Raton, and Jupiter, as well as a large equestrian population making it one of Florida's wealthiest counties. As a result, real estate prices are comparatively higher in Palm Beach County than most other counties in Florida.

Palm Beach County's major private sector employers are Tenet Healthcare Corporation, Hospital Corporation of America, Florida Power & Light, The Breakers, and Office Depot. Top public sector employers are Palm Beach County School Board, Palm Beach County, Florida Atlantic University, and Boca Raton Community Hospital. Palm Beach County considers agribusiness; aviation, aerospace, and engineering; equestrian; healthcare; green energy; and corporate headquarters to be among its main industries.

Boca Raton is in southern Palm Beach County and is known as the birthplace of the IBM personal computer. It still hosts a large research park focused on technological innovation. The city hosts the headquarters for Office Depot and GEO Group. Florida Atlantic University and Lynn University are both located in Boca Raton.

Neighboring Properties

AddressTypeSq FtClass 
317 Ocean Breeze Multi-family - less than 10 units 2,285 B
Ocean Breeze Vacant Residential 0 L
323 Ocean Breeze Multi-family - less than 10 units 3,491 B
307 Ocean Breeze Multi-family - less than 10 units 3,052 B
314 S Federal Hwy Multi-family - less than 10 units 2,197 B
303 3rd Ave S Multi-family - less than 10 units 2,591 B
312 S Federal Hwy Single Family 805 B
324 S Federal Hwy Single Family 657 C
302 4th Ave S Multi-family - less than 10 units 5,079 B
306 S Federal Hwy Multi-family - less than 10 units 898 B
320 Ocean Breeze Multi-family - less than 10 units 2,165 B
304 Ocean Breeze Multi-family - less than 10 units 1,686 B
326 S Federal Hwy Multi-family - less than 10 units 1,602 B
315 3rd Ave S Single Family 2,046 B
219 3rd Ave S Single Family 1,869 B
328 Ocean Breeze Single Family 1,157 B
312 4th Ave S Multi-family - less than 10 units 1,712 B
323 S Federal Hwy Condominium 728 B
217 3rd Ave S Multi-family - less than 10 units 1,604 B
312 3rd Ave S Multi-family - less than 10 units 1,677 B
225 Ocean Breeze Multi-family - 10 units or more 8,384 B
214 4th Ave S Multi-family - less than 10 units 2,656 B
309 4th Ave S Multi-family - less than 10 units 1,475 B
232 S Federal Hwy Single Family 2,926 B
232 Ocean Breeze Single Family 1,592 B
313 S Palmway Single Family 1,466 B
315 S Federal Hwy Multi-family - less than 10 units 1,558 B
309 S Palmway Multi-family - less than 10 units 4,032 B
311 S Federal Hwy Single Family 2,129 B
S Federal Hwy Vacant Commercial 0 L
323 S Palmway Single Family 2,775 B
307 S Palmway Multi-family - less than 10 units 1,651 B
305 S Federal Hwy Multi-family - less than 10 units 2,396 B
228 Ocean Breeze Single Family 2,183 B
215 4th Ave S Multi-family - less than 10 units 3,139 B
221 Ocean Breeze Multi-family - less than 10 units 1,877 B
403 Ocean Breeze Single Family 2,373 B
400 4th Ave S Multi-family - less than 10 units 3,956 C
329 S Federal Hwy Multi-family - less than 10 units 4,179 B
301 S Palmway Multi-family - less than 10 units 3,766 B
301 S Federal Hwy Vacant Commercial 0 L
325 S Palmway Single Family 1,049 B
331 S Palmway Single Family 1,851 B
222 Ocean Breeze Multi-family - less than 10 units 1,913 B
408 Ocean Breeze Single Family 1,436 B
217 Ocean Breeze Single Family 1,161 B
411 Ocean Breeze Multi-family - less than 10 units 1,802 B
231 S Palmway Multi-family - less than 10 units 3,613 B
410 4th Ave S Single Family 1,211 B

Local Household Income

The median household income in this part of Florida is $58,828. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $508,812 per year. Most renters earn between $24,120 (20th percentile) and $44,712 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,656 and $147,070.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,028. Most renters earn between $2,010 and $3,726 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $781 (20th percentile) to $1,371 (80th percentile) range. The residential vacancy rate is 9%.

Nearby Companies

The La Salle, Inc.
323 S Federal Hwy
Downtown Jewel LLC
420 3rd Avenue South
203 4th Ave LLC
203 4th Ave
The Foundation Wp L.L.C.
408 South Federal Hwy
Ann M. Dibella, D.M.D., P.A.
415 South Federal Hwy
Tomas Pino, D.D.S., P.A.
415 S Federal Highway Suite 2
Disclaimers and Disclosures

Public Records Data

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