809 Greene Ave, Lake Worth
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%.
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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 | |
|---|---|---|---|---|
| 721 Greene Ave | Multi-family - less than 10 units | 1,599 | C |
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| 811 Greene Ave | Single Family | 1,473 | B |
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| 730 Grace Ave | Single Family | 1,427 | B |
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| 724 Grace Ave | Single Family | 1,567 | B |
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| 804 Grace Ave | Single Family | 1,505 | B |
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| 715 Greene Ave | Single Family | 927 | C |
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| 4133 Belle Rd | Multi-family - less than 10 units | 4,033 | B |
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| 4805 Belle Rd | Single Family | 1,791 | B |
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| 813 Greene Ave | Single Family | 1,729 | B |
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| 4162 Fern St | Multi-family - less than 10 units | 4,776 | B |
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| 720 Grace Ave | Single Family | 1,522 | B |
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| 4192 Fern St | Single Family | 2,097 | B |
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| 4140 Fern St | Single Family | 1,814 | B |
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| 4801 Belle Rd | Single Family | 1,295 | B |
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| 4218 Fern St | Single Family | 1,294 | B |
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| 3451 Greene Ave | Multi-family - less than 10 units | 2,962 | B |
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| 4119 Belle Rd | Single Family | 1,428 | B |
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| 4130 Fern St | Single Family | 1,277 | B |
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| 708 Greene Ave | Single Family | 1,043 | B |
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| 706 Grace Ave | Single Family | 1,699 | B |
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| 3375 Grace Ave | Multi-family - less than 10 units | 3,804 | B |
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| 4118 Belle Rd | Single Family | 1,390 | B |
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| 3421 Grace Ave | Single Family | 2,040 | B |
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| 4171 Fern St | Single Family | 1,336 | B |
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| 4128 Fern St | Single Family | 1,058 | B |
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| 3423 Grace Ave | Multi-family - less than 10 units | 1,894 | B |
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| 4103 Belle Rd | Single Family | 1,090 | B |
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| 4151 Ruth Rd | Single Family | 1,068 | B |
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| 815 Grace Ave | Single Family | 1,998 | B |
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| 3336 Greene Ave | Single Family | 1,430 | B |
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| 901 Greene Ave | Single Family | 1,115 | B |
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| 900 Grace Ave | Single Family | 1,756 | B |
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| 4104 Belle Rd | Single Family | 1,769 | B |
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| 4106 Fern St | Single Family | 1,216 | B |
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| 4119 Ruth Rd | Single Family | 856 | B |
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| 705 Grace Ave | Single Family | 3,004 | B |
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| 4091 Belle Rd | Single Family | 1,051 | B |
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| 900 Greene Ave | Multi-family - less than 10 units | 2,734 | B |
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| 905 Greene Ave | Single Family | 1,547 | B |
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| 4090 Belle Rd | Single Family | 1,631 | B |
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| 4174 Ruth Rd | Single Family | 1,304 | B |
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| 4103 Ruth Rd | Single Family | 1,299 | B |
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| 825 Grace Ave | Single Family | 1,702 | B |
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| 4090 Fern St | Single Family | 1,150 | B |
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| 4119 Fern St | Multi-family - less than 10 units | 2,276 | B |
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| 4154 Ruth Rd | Single Family | 966 | B |
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| 918 Grace Ave | Single Family | 2,346 | B |
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| 4192 Ruth Rd | Single Family | 1,703 | C |
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| 4268 Clinton Blvd | Single Family | 1,568 | B |
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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 42 of all properties in this area. This suggests it would appeal to someone earning around $39,185 per year who should qualify for a mortgage between $78,370 and $97,963.
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 42 of all properties in this area. This corresponds to a rent of $997 per month and a monthly household income of $2,758 ($33,096 per year)
Nearby Companies
4218 Fern St
4192 Fern St
813 Greene Ave
813 Greene Ave
813 Greene Ave
3319 Grace Ave
3271 Grace Ave
3377 Grace Ave
3375 Grace Ave
715 Greene Ave
715 Greene Ave
4151 Ruth Rd