5974 Cocowood Ct, 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 | |
---|---|---|---|---|
5980 Cocowood Ct | Single Family | 2,175 | B | |
5968 Cocowood Ct | Single Family | 1,818 | B | |
5962 Cocowood Ct | Single Family | 2,091 | B | |
5986 Cocowood Ct | Single Family | 2,109 | B | |
5835 Grand Harbour Cir | Single Family | 2,032 | B | |
5956 Cocowood Ct | Single Family | 2,091 | B | |
5839 Grand Harbour Cir | Single Family | 1,861 | B | |
5950 Cocowood Ct | Single Family | 1,818 | B | |
5973 Cocowood Ct | Single Family | 1,751 | B | |
5967 Cocowood Ct | Single Family | 1,751 | B | |
5979 Cocowood Ct | Single Family | 1,818 | B | |
5843 Grand Harbour Cir | Single Family | 1,818 | B | |
5961 Cocowood Ct | Single Family | 1,632 | B | |
5985 Cocowood Ct | Single Family | 1,818 | B | |
5944 Cocowood Ct | Single Family | 1,820 | B | |
5955 Cocowood Ct | Single Family | 1,634 | B | |
5847 Grand Harbour Cir | Single Family | 1,818 | B | |
5949 Cocowood Ct | Single Family | 1,634 | B | |
5943 Cocowood Ct | Single Family | 1,634 | B | |
5851 Grand Harbour Cir | Single Family | 2,091 | B | |
5846 Grand Harbour Cir | Single Family | 2,094 | B | |
5937 Cocowood Ct | Single Family | 1,632 | B | |
5850 Grand Harbour Cir | Single Family | 2,094 | B | |
5855 Grand Harbour Cir | Single Family | 2,091 | B | |
5842 Grand Harbour Cir | Single Family | 2,094 | B | |
10683 El Clair Ranch Rd | Church | 8,783 | B | |
5838 Grand Harbour Cir | Single Family | 2,094 | B | |
5854 Grand Harbour Cir | Single Family | 1,820 | B | |
5931 Cocowood Ct | Single Family | 1,634 | B | |
5916 Royal Club Dr | Single Family | 2,352 | B | |
5859 Grand Harbour Cir | Single Family | 1,756 | B | |
5910 Royal Club Dr | Single Family | 2,144 | B | |
5834 Grand Harbour Cir | Single Family | 2,091 | B | |
10694 Lake Wynds Ct | Undefined - Reserved for Use by Department of Revenue | 168 | B | |
5904 Royal Club Dr | Single Family | 2,469 | B | |
5925 Cocowood Ct | Single Family | 1,820 | B | |
5858 Grand Harbour Cir | Single Family | 1,820 | B | |
5898 Royal Club Dr | Single Family | 2,745 | B | |
5830 Grand Harbour Cir | Single Family | 2,094 | B | |
5922 Royal Club Dr | Single Family | 2,374 | B | |
5863 Grand Harbour Cir | Single Family | 1,632 | B | |
5919 Cocowood Ct | Single Family | 1,820 | B | |
5892 Royal Club Dr | Single Family | 2,741 | B | |
5862 Grand Harbour Cir | Single Family | 1,818 | B | |
10695 Lake Wynds Ct | Single Family | 3,266 | B | |
5826 Grand Harbour Cir | Single Family | 2,094 | B | |
5867 Grand Harbour Cir | Single Family | 1,749 | B | |
5827 Grand Harbour Cir | Single Family | 1,749 | B | |
5886 Royal Club Dr | Single Family | 2,140 | 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 55 of all properties in this area. This suggests it would appeal to someone earning around $64,592 per year who should qualify for a mortgage between $129,184 and $161,480.
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 55 of all properties in this area. This corresponds to a rent of $1,076 per month and a monthly household income of $2,826 ($33,912 per year)
Nearby Companies
10701 Lake Wynds Ct
5870 Grand Harbour Cir
5863 Grand Harbour Cir
10683 El Clair Ranch Rd