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 
344 Chatham Q Condominium 814 B
346 Chatham Q Condominium 814 B
343 Chatham Q Condominium 738 B
342 Chatham Q Condominium 738 B
341 Chatham Q Condominium 814 B
340 Chatham Q Condominium 814 B
339 Chatham Q Condominium 814 B
353 Chatham R Condominium 814 B
347 Chatham Q Condominium 814 B
354 Chatham R Condominium 814 B
348 Chatham Q Condominium 814 B
349 Chatham Q Condominium 814 B
350 Chatham Q Condominium 738 B
351 Chatham Q Condominium 738 B
352 Chatham Q Condominium 814 B
338 Chatham Q Condominium 814 B
337 Chatham Q Condominium 814 B
336 Chatham P Condominium 814 B
335 Chatham P Condominium 738 B
334 Chatham P Condominium 738 B
333 Chatham P Condominium 814 B
332 Chatham P Condominium 738 B
331 Chatham P Condominium 615 B
320 Chatham P Condominium 814 B
356 Chatham R Condominium 814 B
357 Chatham R Condominium 814 B
358 Chatham R Condominium 738 B
359 Chatham R Condominium 738 B
360 Chatham R Condominium 814 B
361 Chatham R Condominium 814 B
330 Chatham P Condominium 615 B
355 Chatham R Condominium 814 B
321 Chatham P Condominium 814 B
322 Chatham P Condominium 738 B
323 Chatham P Condominium 738 B
324 Chatham P Condominium 814 B
325 Chatham P Condominium 814 B
326 Chatham P Condominium 814 B
327 Chatham P Condominium 814 B
328 Chatham P Condominium 814 B
329 Chatham P Condominium 738 B
316 Chatham P Condominium 814 B
317 Chatham P Condominium 814 B
318 Chatham P Condominium 615 B
362 Chatham R Condominium 814 B
363 Chatham R Condominium 814 B
364 Chatham R Condominium 814 B
366 Chatham R Condominium 738 B
319 Chatham P 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 19 of all properties in this area. This suggests it would appeal to someone earning around $21,158 per year who should qualify for a mortgage between $42,316 and $52,895.

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 19 of all properties in this area. This corresponds to a rent of $706 per month and a monthly household income of $2,107 ($25,284 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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