602 Cherry Rd, West Palm Beach
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:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 604 Cherry Rd | Single Family | 948 | B |
 |
| 600 Cherry Rd | Single Family | 948 | B |
|
| 601 Dogwood Rd | Single Family | 1,612 | B |
|
| 605 Dogwood Rd | Single Family | 1,265 | B |
|
| 608 Cherry Rd | Single Family | 1,708 | B |
|
| 605 Cherry Rd | Single Family | 1,125 | B |
|
| 601 Cherry Rd | Single Family | 1,375 | B |
|
| 609 Cherry Rd | Single Family | 855 | B |
|
| 609 Dogwood Rd | Single Family | 1,168 | B |
|
| 562 Cherry Rd | Single Family | 1,466 | B |
|
| 613 Cherry Rd | Single Family | 936 | B |
|
| 563 Dogwood Rd | Single Family | 1,128 | B |
|
| 612 Cherry Rd | Single Family | 1,066 | B |
|
| 613 Dogwood Rd | Single Family | 948 | B |
|
| 617 Cherry Rd | Single Family | 1,423 | B |
|
| 600 Dogwood Rd | Single Family | 1,095 | B |
|
| 604 Beech Rd | Single Family | 1,009 | B |
|
| 604 Dogwood Rd | Single Family | 1,120 | B |
|
| 608 Beech Rd | Single Family | 884 | B |
|
| 558 Cherry Rd | Single Family | 936 | B |
|
| 600 Beech Rd | Single Family | 855 | B |
|
| 569 Cherry Rd | Single Family | 606 | C |
|
| 559 Dogwood Rd | Single Family | 1,279 | B |
|
| 616 Cherry Rd | Single Family | 1,769 | B |
|
| 612 Beech Rd | Single Family | 1,331 | B |
|
| 608 Dogwood Rd | Single Family | 948 | B |
|
| 2301 Seminole Blvd | County Owned | 0 | L | |
| 621 Cherry Rd | Single Family | 889 | B |
|
| 617 Dogwood Rd | Single Family | 948 | B |
|
| 616 Beech Rd | Single Family | 1,112 | B |
|
| 612 Dogwood Rd | Single Family | 1,153 | B |
|
| 565 Cherry Rd | Single Family | 866 | B |
|
| 554 Cherry Rd | Single Family | 948 | B |
|
| 555 Dogwood Rd | Single Family | 1,510 | B |
|
| 620 Cherry Rd | Single Family | 1,319 | B |
|
| 601 Elm Rd | Single Family | 1,252 | B |
|
| 625 Cherry Rd | Single Family | 936 | B |
|
| 568 Beech Rd | Single Family | 936 | B |
|
| 2301 Fairway Dr | Single Family | 936 | B |
|
| 620 Beech Rd | Single Family | 855 | B |
|
| 605 Elm Rd | Single Family | 1,402 | B |
|
| 2304 Seminole Blvd | Single Family | 1,510 | B |
|
| 621 Dogwood Rd | Single Family | 1,067 | B |
|
| 616 Dogwood Rd | Single Family | 948 | B |
|
| 609 Elm Rd | Single Family | 1,056 | B |
|
| 561 Cherry Rd | Single Family | 1,107 | B |
|
| 564 Beech Rd | Single Family | 1,123 | B |
|
| 624 Beech Rd | Single Family | 936 | B |
|
| 629 Cherry Rd | Single Family | 1,041 | 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 35 of all properties in this area. This suggests it would appeal to someone earning around $34,233 per year who should qualify for a mortgage between $68,466 and $85,583.
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 35 of all properties in this area. This corresponds to a rent of $886 per month and a monthly household income of $2,550 ($30,600 per year)
Nearby Companies
624 Cherry Rd
621 Cherry Rd
617 Cherry Rd
613 Cherry Rd
637 Beech Rd
611 Aspen Rd
2312 Seminole Blvd
605 Elm Rd
605 Elm Rd
616 Dogwood Rd