Palm Beach County Real Estate - Lake Worth

Lake Worth is in South East Florida. It's population as recorded in the 2010 Census was 34,910. Lake Worth is approximately 58 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).

The median age for residents of Lake Worth is 35. Around 30.1% of Lake Worth households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 60% of the Lake Worth population are White, 19.8% are Black or African American, 5.6% American Indian, .9% Asian and 4.5% are Two or more Races. Lake Worth has a significant Hispanic population. 39.6% (13,834) of Lake Worth residents are of Hispanic or Latino origin. Of these 19.98% are of Mexican origin, 10.21% Puerto Rican, 10.39% Cuban and 59.4% are of other Hispanic or Latino origin.

There are 16,473 housing units in Lake Worth. 3,515 (21.3%) of these were reported as vacant in the 2010 Census. There are 7,843 residential rental units in Lake Worth. 6,535 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.

Lake Worth 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 
5602 Carver St Single Family 716 C
4634 Weymouth St Multi-family - less than 10 units 1,846 B
4621 Carver St Multi-family - less than 10 units 2,270 B
4701 Carver St Single Family 2,028 B
4655 Weymouth St Multi-family - less than 10 units 2,048 B
4681 Weymouth St Multi-family - less than 10 units 2,058 B
4662 Carver St Single Family 1,585 B
4645 Weymouth St Single Family 2,348 B
4682 Carver St Single Family 1,784 B
4610 Weymouth St Single Family 2,083 B
4640 Carver St Multi-family - less than 10 units 2,457 B
4685 Weymouth St Single Family 990 B
4715 Carver St Multi-family - less than 10 units 3,628 B
4660 10th Ave N Single Family 1,729 B
4674 10th Ave N Single Family 822 C
4613 Weymouth St Single Family 918 B
4644 10th Ave N Multi-family - less than 10 units 832 B
4684 10th Ave N Single Family 707 B
4667 Clinton Blvd Single Family 1,245 B
4618 Carver St Single Family 904 B
4653 Clinton Blvd Single Family 870 B
4630 10th Ave N Single Family 1,200 B
4681 Clinton Blvd Multi-family - less than 10 units 1,878 B
4692 10th Ave N Single Family 1,238 B
4645 Clinton Blvd Forest, park or recreational area 0 L
4715 Weymouth St Multi-family - less than 10 units 1,725 B
4593 Carver St Single Family 940 B
4728 Weymouth St Multi-family - less than 10 units 1,823 B
4729 Carver St Multi-family - less than 10 units 1,828 B
4592 Weymouth St Multi-family - less than 10 units 1,593 B
4691 Clinton Blvd Single Family 1,225 B
4702 10th Ave N Single Family 791 B
4724 Carver St Single Family 1,607 B
4600 Carver St Multi-family - less than 10 units 1,690 B
4575 Weymouth St Single Family 1,402 B
4718 10th Ave N Single Family 883 B
4707 Clinton Blvd Multi-family - less than 10 units 1,874 B
4730 Weymouth St Multi-family - less than 10 units 1,734 B
4607 Clinton Blvd Single Family 725 B
4739 Carver St Single Family 1,554 B
4720 10th Ave N Single Family 714 B
4733 Weymouth St Multi-family - less than 10 units 1,800 B
4590 Carver St Single Family 1,184 B
4571 Weymouth St Single Family 1,573 B
4730 10th Ave N Single Family 606 B
4560 Weymouth St Multi-family - less than 10 units 3,370 B
4580 Carver St Single Family 1,184 B

Local Household Income

The median household income in this part of Florida is $45,914. The bottom 10% of the population earn less than $15,196 per year. The top 10% earn more than $110,931 per year. The top 1% earn more than $275,274 per year. Most renters earn between $27,132 (20th percentile) and $44,184 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $91,828 and $114,785.

The tax assessed value of this property places it in percentile 48 of all properties in this area. This suggests it would appeal to someone earning around $44,395 per year who should qualify for a mortgage between $88,790 and $110,988.

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 $1,048. Most renters earn between $2,261 and $3,682 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $816 (20th percentile) to $1,318 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 48 of all properties in this area. This corresponds to a rent of $1,033 per month and a monthly household income of $2,849 ($34,188 per year)

Nearby Companies

Tod'S Air Conditioning, Inc.
4643 10th Avenue North
G & R Pools LLC
4617 10th Ave North
Brarj LLC
4631 10th Ave North
Knowledge Tax LLC
4631 10th Ave North
Da Spicee Enterprise LLC
4631 10th Ave North
Dunn Rite Construction, Inc.
4637 10th Ave North
Katalog, LLC.
4631 10th Ave N
Strut Technologies, Inc.
4627 10th Ave N
305 Enterprise Group LLC
4957 Weymouth St
Bv Freight Services LLC
4957 Weymouth St
Tung Enterprise Corp
4715 Weymouth St
M&M Graphic Design & Printing LLC
4641 10th Ave North
Counterpoint Music, LLC
4633 10th Avenue North
Garcia Garcia, LLC
4644 10th Ave North
Disclaimers and Disclosures

Public Records Data

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