Palm Beach County Real Estate - West Palm Beach

West Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 99,919.

The median age for residents of West Palm Beach is 38.1. Around 25.5% of West Palm Beach households include school aged children and 26.9% of households include individuals aged 65 years or over. Census records indicate 56.7% of the West Palm Beach population are White, 32.4% are Black or African American, .4% American Indian, 2.2% Asian and 2.6% are Two or more Races. West Palm Beach has a significant Hispanic population. 22.6% (22,601) of West Palm Beach residents are of Hispanic or Latino origin. Of these 12.41% are of Mexican origin, 14.56% Puerto Rican, 23.61% Cuban and 49.41% are of other Hispanic or Latino origin.

There are 54,179 housing units in West Palm Beach. 11,267 (20.7%) of these were reported as vacant in the 2010 Census. There are 25,318 residential rental units in West Palm Beach. 21,180 of them were occupied in 2010 providing a residential rental vacancy rate of 15.9%.

West Palm Beach 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 
107 Sussex F Condominium 615 B
106 Sussex F Condominium 615 B
109 Sussex F Condominium 615 B
110 Sussex F Condominium 738 B
111 Sussex F Condominium 738 B
112 Sussex F Condominium 615 B
113 Sussex F Condominium 615 B
114 Sussex F Condominium 615 B
115 Sussex F Condominium 615 B
116 Sussex F Condominium 615 B
108 Sussex F Condominium 615 B
105 Sussex F Condominium 615 B
104 Sussex F Condominium 615 B
103 Sussex F Condominium 615 B
102 Sussex F Condominium 615 B
123 Sussex G Condominium 615 B
117 Sussex F Condominium 615 B
125 Sussex G Condominium 615 B
126 Sussex G Condominium 615 B
127 Sussex G Condominium 615 B
124 Sussex G Condominium 615 B
118 Sussex F Condominium 615 B
119 Sussex F Condominium 615 B
120 Sussex F Condominium 738 B
121 Sussex G Condominium 738 B
122 Sussex G Condominium 615 B
134 Sussex G Condominium 615 B
128 Sussex G Condominium 615 B
136 Sussex G Condominium 615 B
137 Sussex G Condominium 615 B
138 Sussex G Condominium 615 B
139 Sussex G Condominium 615 B
135 Sussex G Condominium 615 B
129 Sussex G Condominium 615 B
130 Sussex G Condominium 738 B
131 Sussex G Condominium 738 B
132 Sussex G Condominium 615 B
133 Sussex G Condominium 615 B
140 Sussex G Condominium 738 B
145 Sussex H Condominium 615 B
141 Sussex H Condominium 738 B
142 Sussex H Condominium 615 B
143 Sussex H Condominium 615 B
144 Sussex H Condominium 615 B
146 Sussex H Condominium 615 B
151 Sussex H Condominium 738 B
150 Sussex H Condominium 738 B
149 Sussex H Condominium 615 B
147 Sussex H Condominium 615 B

Local Household Income

The median household income in this part of Florida is $47,354. The bottom 10% of the population earn less than $12,913 per year. The top 10% earn more than $158,251 per year. The top 1% earn more than $683,394 per year. Most renters earn between $26,016 (20th percentile) and $44,580 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,708 and $118,385.

The tax assessed value of this property places it in percentile 5 of all properties in this area. This suggests it would appeal to someone earning around $7,643 per year who should qualify for a mortgage between $15,286 and $19,108.

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 $1,000. Most renters earn between $2,168 and $3,715 per month. They typically spend 35.5% of their monthly income on rent. Most rents fall in the $716 (20th percentile) to $1,364 (80th percentile) range. The residential vacancy rate is 9%.

This property falls in percentile 5 of all properties in this area. This corresponds to a rent of $369 per month and a monthly household income of $1,070 ($12,840 per year)

Nearby Companies

Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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