985 Imperial Lake 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%.
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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 | |
|---|---|---|---|---|
| 981 Imperial Lake Rd | Single Family | 1,775 | B |
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| 993 Imperial Lake Rd | Single Family | 1,849 | B |
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| 977 Imperial Lake Rd | Single Family | 1,537 | B |
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| 997 Imperial Lake Rd | Single Family | 1,775 | B |
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| 973 Imperial Lake Rd | Single Family | 1,537 | B |
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| 1001 Imperial Lake Rd | Single Family | 1,537 | B |
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| 969 Imperial Lake Rd | Single Family | 1,775 | B |
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| 1005 Imperial Lake Rd | Single Family | 1,537 | B |
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| 965 Imperial Lake Rd | Single Family | 1,849 | B |
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| 1009 Imperial Lake Rd | Single Family | 1,788 | B |
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| 984 Imperial Lake Rd | Single Family | 1,865 | B |
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| 957 Imperial Lake Rd | Single Family | 1,849 | B |
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| 1019 Imperial Lake Rd | Single Family | 1,849 | B |
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| 976 Imperial Lake Rd | Single Family | 1,521 | B |
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| 972 Imperial Lake Rd | Single Family | 1,521 | B |
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| 953 Imperial Lake Rd | Single Family | 1,775 | B |
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| 968 Imperial Lake Rd | Single Family | 1,775 | B |
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| 964 Imperial Lake Rd | Single Family | 1,849 | B |
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| 949 Imperial Lake Rd | Single Family | 1,537 | B |
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| 1035 Imperial Lake Rd | Single Family | 1,873 | B |
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| 945 Imperial Lake Rd | Single Family | 1,581 | B |
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| 952 Imperial Lake Rd | Single Family | 1,849 | B |
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| 1039 Imperial Lake Rd | Single Family | 1,823 | B |
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| 1044 Imperial Lake Rd | Single Family | 1,849 | B |
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| 948 Imperial Lake Rd | Single Family | 1,775 | B |
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| 941 Imperial Lake Rd | Single Family | 1,775 | B |
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| 1043 Imperial Lake Rd | Single Family | 1,581 | B |
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| 944 Imperial Lake Rd | Single Family | 1,537 | B |
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| 1048 Imperial Lake Rd | Single Family | 1,775 | B |
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| 937 Imperial Lake Rd | Single Family | 1,873 | B |
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| 1047 Imperial Lake Rd | Single Family | 1,581 | B |
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| 940 Imperial Lake Rd | Single Family | 1,537 | B |
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| 1052 Imperial Lake Rd | Single Family | 1,537 | B |
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| 1051 Imperial Lake Rd | Single Family | 1,823 | B |
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| 936 Imperial Lake Rd | Single Family | 1,775 | B |
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| 1056 Imperial Lake Rd | Single Family | 1,537 | B |
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| 929 Imperial Lake Rd | Single Family | 1,849 | B |
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| 1055 Imperial Lake Rd | Single Family | 1,873 | B |
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| 932 Imperial Lake Rd | Single Family | 1,849 | B |
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| 1060 Imperial Lake Rd | Single Family | 1,775 | B |
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| 925 Imperial Lake Rd | Single Family | 1,775 | B |
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| 6000 Adriatic Way | Single Family | 2,664 | B |
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| 1064 Imperial Lake Rd | Single Family | 1,849 | B |
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| 921 Imperial Lake Rd | Single Family | 1,537 | B |
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| 1063 Imperial Lake Rd | Single Family | 1,873 | B |
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| 924 Imperial Lake Rd | Single Family | 1,873 | B |
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| 917 Imperial Lake Rd | Single Family | 1,537 | B |
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| 1067 Imperial Lake Rd | Single Family | 1,823 | B |
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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 67 of all properties in this area. This suggests it would appeal to someone earning around $70,717 per year who should qualify for a mortgage between $141,434 and $176,793.
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 67 of all properties in this area. This corresponds to a rent of $1,159 per month and a monthly household income of $3,209 ($38,508 per year)
Nearby Companies
1039 Imperial Lake Rd
984 Imperial Lake Rd
921 Imperial Lake Rd
977 Imperial Lake Rd
6388 Belvedere Rd
6388 Belvedere Rd
1067 Imperial Lake Rd
920 Imperial Lake Rd
932 Imperial Lake Rd
916 Imperial Lake Rd