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 
7906 Blairwood Cir S Single Family 1,854 B
7914 Blairwood Cir S Single Family 1,860 B
7902 Blairwood Cir S Single Family 1,856 B
7918 Blairwood Cir S Single Family 1,858 B
7911 Blairwood Cir S Single Family 1,452 B
7915 Blairwood Cir S Single Family 1,858 B
7907 Blairwood Cir S Single Family 1,185 B
7879 Bishopwood Rd Single Family 1,575 B
7898 Blairwood Cir S Single Family 1,465 B
7887 Bishopwood Rd Single Family 1,740 B
7871 Bishopwood Rd Single Family 1,519 B
7919 Blairwood Cir S Single Family 1,567 B
7903 Blairwood Cir S Single Family 1,856 B
7922 Blairwood Cir S Single Family 1,856 B
7895 Bishopwood Rd Single Family 1,747 B
7863 Bishopwood Rd Single Family 1,755 B
7899 Blairwood Cir S Single Family 1,570 B
7894 Blairwood Cir S Single Family 1,858 B
7903 Bishopwood Rd Single Family 1,566 B
7923 Blairwood Cir S Single Family 1,858 B
7838 Elwood Dr Single Family 1,858 B
7826 Elwood Dr Single Family 1,561 B
7850 Elwood Dr Single Family 1,856 B
7855 Bishopwood Rd Single Family 1,367 B
7814 Elwood Dr Single Family 1,856 B
7862 Elwood Dr Single Family 1,452 B
7895 Blairwood Cir S Single Family 1,858 B
7911 Bishopwood Rd Single Family 1,462 B
7890 Blairwood Cir S Single Family 1,854 B
7874 Elwood Dr Single Family 1,856 B
7808 Elwood Dr Single Family 1,465 B
7880 Bishopwood Rd Single Family 1,446 B
7888 Bishopwood Rd Single Family 1,751 B
7872 Bishopwood Rd Single Family 1,366 B
7891 Blairwood Cir S Single Family 1,746 B
7919 Bishopwood Rd Single Family 1,357 B
7896 Bishopwood Rd Single Family 1,747 B
7886 Elwood Dr Single Family 1,856 B
7864 Bishopwood Rd Single Family 1,566 B
7694 Blairwood Cir S Single Family 1,566 B
7886 Blairwood Cir S Single Family 1,436 B
7904 Bishopwood Rd Single Family 1,747 B
7856 Bishopwood Rd Single Family 1,452 B
7695 Blairwood Cir S Single Family 1,640 B
7898 Elwood Dr Single Family 1,556 B
7887 Blairwood Cir S Single Family 1,858 B
7927 Bishopwood Rd Single Family 1,763 B
7839 Elwood Dr Single Family 1,858 B

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 54 of all properties in this area. This suggests it would appeal to someone earning around $63,515 per year who should qualify for a mortgage between $127,030 and $158,788.

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 54 of all properties in this area. This corresponds to a rent of $1,066 per month and a monthly household income of $2,811 ($33,732 per year)

Nearby Companies

A1a Special Delivery LLC
7886 Elwood Dr
Snokyo LLC
7851 Elwood Dr
Zion Family LLC
7911 Blackwood Ln
Barefoot Remodeling Inc.
7827 Elwood Dr
Wso Financials LLC
7923 Blairwood Cir S
Wso Management, Inc.
7923 Blairwood Cir S
Disclaimers and Disclosures

Public Records Data

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