4192 Ruth Rd, 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 | |
|---|---|---|---|---|
| 4174 Ruth Rd | Single Family | 1,304 | B |
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| 4214 Ruth Rd | Single Family | 1,420 | B |
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| 706 Grace Ave | Single Family | 1,699 | B |
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| 4213 Narcissus Ave | Single Family | 1,962 | B |
|
| 4154 Ruth Rd | Single Family | 966 | B |
|
| 4234 Ruth Rd | Multi-family - less than 10 units | 2,592 | B |
|
| 3451 Greene Ave | Multi-family - less than 10 units | 2,962 | B |
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| 4215 Narcissus Ave | Single Family | 1,043 | B |
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| 4177 Narcissus Ave | Multi-family - less than 10 units | 1,960 | B |
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| 705 Grace Ave | Single Family | 3,004 | B |
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| 4217 Narcissus Ave | Multi-family - less than 10 units | 3,584 | B |
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| 4157 Narcissus Ave | Multi-family - less than 10 units | 2,460 | B |
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| 720 Grace Ave | Single Family | 1,522 | B |
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| 4134 Ruth Rd | Single Family | 635 | C |
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| 715 Greene Ave | Single Family | 927 | C |
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| 4206 Narcissus Ave | Multi-family - less than 10 units | 2,652 | B |
|
| 4151 Ruth Rd | Single Family | 1,068 | B |
|
| 3423 Grace Ave | Multi-family - less than 10 units | 1,894 | B |
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| 3550 Laurette Ln | Multi-family - less than 10 units | 1,920 | B |
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| 708 Greene Ave | Single Family | 1,043 | B |
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| 4172 Narcissus Ave | Multi-family - less than 10 units | 3,362 | B |
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| 4255 Narcissus Ave | Single Family | 1,176 | B |
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| 4135 Narcissus Ave | Multi-family - less than 10 units | 3,279 | B |
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| 724 Grace Ave | Single Family | 1,567 | B |
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| 4258 Attleboro Ave | Multi-family - less than 10 units | 1,924 | B |
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| 721 Greene Ave | Multi-family - less than 10 units | 1,599 | C |
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| 3437 April Ave | Single Family | 690 | B |
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| 4276 Cambridge St | Single Family | 2,563 | B |
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| 4154 Narcissus Ave | Multi-family - less than 10 units | 2,453 | B |
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| 4805 Belle Rd | Single Family | 1,791 | B |
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| 4118 Ruth Rd | Single Family | 1,563 | B |
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| 4265 Narcissus Ave | Single Family | 996 | B |
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| 3421 Grace Ave | Single Family | 2,040 | B |
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| 4119 Ruth Rd | Single Family | 856 | B |
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| 3545 Laurette Ln | Multi-family - less than 10 units | 2,100 | B |
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| 3566 Laurette Ln | Single Family | 1,726 | B |
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| 4263 Cambridge St | Single Family | 1,372 | C |
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| 3575 April Ave | Single Family | 1,066 | B |
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| 730 Grace Ave | Single Family | 1,427 | B |
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| 4801 Belle Rd | Single Family | 1,295 | B |
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| 4111 Narcissus Ave | Multi-family - less than 10 units | 2,456 | B |
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| 809 Greene Ave | Single Family | 1,049 | B |
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| 4279 Narcissus Ave | Single Family | 836 | B |
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| 4134 Narcissus Ave | Single Family | 2,311 | 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 70 of all properties in this area. This suggests it would appeal to someone earning around $66,647 per year who should qualify for a mortgage between $133,294 and $166,618.
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 70 of all properties in this area. This corresponds to a rent of $1,183 per month and a monthly household income of $3,238 ($38,856 per year)
Nearby Companies
3319 Grace Ave
3271 Grace Ave
3377 Grace Ave
3375 Grace Ave
3575 April Ave
715 Greene Ave
715 Greene Ave
4151 Ruth Rd