10879 Rock Springs Ter, Boynton Beach
Palm Beach County Real Estate - Boynton Beach
Boynton Beach is in South East Florida. It's population as recorded in the 2010 Census was 68,217.
The median age for residents of Boynton Beach is 41.9. Around 25% of Boynton Beach households include school aged children and 35.4% of households include individuals aged 65 years or over. Census records indicate 62.4% of the Boynton Beach population are White, 30.2% are Black or African American, .2% American Indian, 2.1% Asian and 2.1% are Two or more Races.
There are 36,289 housing units in Boynton Beach. 7,185 (19.7%) of these were reported as vacant in the 2010 Census. Boynton Beach is a tourist destination, 46.3% (3,330) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,388 residential rental units in Boynton Beach. 9,788 of them were occupied in 2010 providing a residential rental vacancy rate of 13.7%.
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 10887 Rock Springs Ter | Single Family | 2,710 | B |
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| 10871 Rock Springs Ter | Single Family | 2,222 | B |
|
| 10895 Rock Springs Ter | Single Family | 2,139 | B |
|
| 7452 Maple Ridge Trl | Single Family | 1,747 | B |
|
| 10903 Rock Springs Ter | Single Family | 2,139 | B |
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| 10886 Rock Springs Ter | Single Family | 2,139 | B |
|
| 10894 Rock Springs Ter | Single Family | 2,707 | B |
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| 7467 Maple Ridge Trl | Single Family | 2,707 | B |
|
| 10845 Hagen Ranch Rd | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 7444 Maple Ridge Trl | Single Family | 1,898 | B |
|
| 7475 Maple Ridge Trl | Single Family | 2,733 | B |
|
| 10902 Rock Springs Ter | Single Family | 2,581 | B |
|
| 7459 Maple Ridge Trl | Single Family | 2,435 | B |
|
| 10911 Rock Springs Ter | Single Family | 2,719 | B |
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| 7451 Maple Ridge Trl | Single Family | 2,721 | B |
|
| 10910 Rock Springs Ter | Single Family | 2,581 | B |
|
| 7436 Maple Ridge Trl | Single Family | 2,225 | B |
|
| 10919 Rock Springs Ter | Single Family | 2,591 | B |
|
| 7443 Maple Ridge Trl | Single Family | 2,591 | B |
|
| 10918 Rock Springs Ter | Single Family | 2,581 | B |
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| 7435 Maple Ridge Trl | Single Family | 2,581 | B |
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| 10927 Rock Springs Ter | Single Family | 2,004 | B |
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| 7428 Maple Ridge Trl | Single Family | 2,678 | B |
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| 10911 Bitternut Hickory Ln | Single Family | 1,800 | B |
|
| 10917 Bitternut Hickory Ln | Single Family | 3,092 | B |
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| 7427 Maple Ridge Trl | Single Family | 2,707 | B |
|
| 10905 Bitternut Hickory Ln | Single Family | 1,286 | B |
|
| 10923 Bitternut Hickory Ln | Single Family | 2,246 | B |
|
| 7451 Twin Falls Dr | Single Family | 2,004 | B |
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| 10899 Bitternut Hickory Ln | Single Family | 2,056 | B |
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| 10935 Rock Springs Ter | Single Family | 2,581 | B |
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| 7420 Maple Ridge Trl | Single Family | 2,581 | B |
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| 10929 Bitternut Hickory Ln | Single Family | 3,480 | B |
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| 10893 Bitternut Hickory Ln | Single Family | 2,645 | B |
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| 7443 Twin Falls Dr | Single Family | 1,744 | B |
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| 10935 Bitternut Hickory Ln | Single Family | 2,571 | B |
|
| 7419 Maple Ridge Trl | Single Family | 2,707 | B |
|
| 7435 Twin Falls Dr | Single Family | 1,920 | B |
|
| 6780 Castle Gate Blvd | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 5923 Castle Gate Blvd | Right-of-way, street, road, irrigation channel, ditch, etc. | 0 | L | |
| 10887 Bitternut Hickory Ln | Single Family | 2,601 | B |
|
| 10941 Bitternut Hickory Ln | Single Family | 2,424 | B |
|
| 7408 Maple Ridge Trl | Single Family | 2,581 | B |
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| 7427 Twin Falls Dr | Single Family | 2,776 | B |
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| 7411 Maple Ridge Trl | Single Family | 2,776 | B |
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| 10947 Bitternut Hickory Ln | Single Family | 2,056 | B |
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| 7419 Twin Falls Dr | Single Family | 2,581 | B |
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| 7396 Maple Ridge Trl | Single Family | 2,776 | B |
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| 10953 Bitternut Hickory Ln | Single Family | 2,571 | 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.
The tax assessed value of this property places it in percentile 94 of all properties in this area. This suggests it would appeal to someone earning around $195,548 per year who should qualify for a mortgage between $391,096 and $488,870.
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%.
This property falls in percentile 94 of all properties in this area. This corresponds to a rent of $1,940 per month and a monthly household income of $5,038 ($60,456 per year)
Nearby Companies
10894 Rock Springs Ter
10918 Rock Springs Ter
7420 Maple Ridge Trl
10941 Bitternut Hickory Ln
7475 Maple Ridge Trl