4263 Waterway Dr, 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%.
Lake Worth links:
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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 | |
|---|---|---|---|---|
| 4926 Dell Ave | Single Family | 1,165 | B |
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| Waterway Dr | Single Family | 0 | B | |
| 4929 Witch Ln | Single Family | 1,301 | B |
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| 4245 Waterway Dr | Multi-family - less than 10 units | 2,380 | B |
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| 4914 Dell Ave | Single Family | 1,573 | B |
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| 4270 Waterway Dr | Single Family | 1,414 | B |
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| 4256 Waterway Dr | Single Family | 1,314 | B |
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| 4949 Dell Ave | Single Family | 2,391 | B |
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| 4917 Witch Ln | Single Family | 1,473 | B |
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| 4244 Waterway Dr | Single Family | 2,029 | B |
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| 4286 Waterway Dr | Single Family | 2,109 | B |
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| 4925 Dell Ave | Single Family | 1,202 | B |
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| 4907 Witch Ln | Single Family | 1,368 | B |
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| 4915 Dell Ave | Single Family | 1,793 | B |
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| 4892 Dell Ave | Multi-family - less than 10 units | 2,723 | B |
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| 4226 Waterway Dr | Single Family | 2,248 | B |
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| 4306 Waterway Dr | Single Family | 2,818 | B |
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| 4895 Witch Ln | Single Family | 1,295 | C |
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| 4940 Witch Ln | Single Family | 2,251 | B |
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| 4930 Witch Ln | Single Family | 1,457 | B |
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| 4893 Dell Ave | Multi-family - less than 10 units | 2,586 | B |
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| 4880 Dell Ave | Single Family | 1,044 | B |
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| 4210 Waterway Dr | Single Family | 1,451 | B |
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| 4204 Kirkland Ln | Single Family | 1,451 | B |
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| 4883 Witch Ln | Single Family | 1,373 | B |
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| 4883 Dell Ave | Single Family | 1,826 | B |
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| 4200 Waterway Dr | Single Family | 1,507 | B |
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| 4187 Waterway Dr | Single Family | 1,755 | B |
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| 4873 Witch Ln | Single Family | 1,773 | B |
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| 4862 Dell Ave | Multi-family - less than 10 units | 3,025 | B |
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| 4186 Kirkland Ln | Multi-family - less than 10 units | 1,748 | B |
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| 4890 Witch Ln | Single Family | 1,834 | B |
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| 4188 Waterway Dr | Single Family | 1,571 | B |
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| 4978 Freedom Cir | Condominium | 1,400 | B |
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| 4974 Freedom Cir | Condominium | 1,400 | B |
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| 4976 Freedom Cir | Condominium | 1,400 | B |
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| 4863 Dell Ave | Multi-family - less than 10 units | 2,944 | B |
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| 4972 Freedom Cir | Condominium | 1,400 | B |
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| 4970 Freedom Cir | Condominium | 1,400 | B |
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| 4171 Waterway Dr | Single Family | 2,152 | B |
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Local Household Income
The median household income in this part of Florida is $58,828. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $508,812 per year. Most renters earn between $24,120 (20th percentile) and $44,712 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,656 and $147,070.
The tax assessed value of this property places it in percentile 26 of all properties in this area. This suggests it would appeal to someone earning around $32,241 per year who should qualify for a mortgage between $64,482 and $80,603.
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 $1,028. Most renters earn between $2,010 and $3,726 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $781 (20th percentile) to $1,371 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 26 of all properties in this area. This corresponds to a rent of $850 per month and a monthly household income of $2,196 ($26,352 per year)
Nearby Companies
4251 Waterway Dr
4263 Waterway Dr
4171 Waterway Dr
4929 Witch Ln
4872 Witch Ln
4872 Witch Ln
4974 Freedom Cir
4978 Freedom Cir
4978 Freedom Cir
4306 Waterway Dr
4926 Dell Ave
4915 Dell Ave
4914 Dell Ave
4865 Dell Ave
4846 Dell Ave