6850 10th Ave N, 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 | |
|---|---|---|---|---|
| 3219 Perimeter Dr | Condominium | 1,396 | B |
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| 3222 Perimeter Dr | Condominium | 1,059 | B |
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| 3226 Perimeter Dr | Condominium | 1,133 | B |
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| 3224 Perimeter Dr | Condominium | 1,059 | B |
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| 3221 Perimeter Dr | Condominium | 1,231 | B |
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| 3223 Perimeter Dr | Condominium | 1,231 | B |
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| 3228 Perimeter Dr | Condominium | 1,133 | B |
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| 3220 Perimeter Dr | Condominium | 1,275 | B |
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| 3217 Perimeter Dr | Condominium | 1,396 | B |
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| 3218 Perimeter Dr | Condominium | 1,275 | B |
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| 3215 Perimeter Dr | Condominium | 1,268 | B |
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| 3232 Perimeter Dr | Condominium | 1,275 | B |
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| 3230 Perimeter Dr | Condominium | 1,275 | B |
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| 3225 Perimeter Dr | Condominium | 1,231 | B |
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| 3227 Perimeter Dr | Condominium | 1,231 | B |
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| 3234 Perimeter Dr | Condominium | 1,275 | B |
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| 3216 Perimeter Dr | Condominium | 1,275 | B |
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| 3213 Perimeter Dr | Condominium | 1,268 | B |
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| 3214 Perimeter Dr | Condominium | 1,275 | B |
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| 3236 Perimeter Dr | Condominium | 1,275 | B |
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| 3229 Perimeter Dr | Condominium | 1,396 | B |
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| 3212 Perimeter Dr | Condominium | 1,133 | B |
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| 3211 Perimeter Dr | Condominium | 1,396 | B |
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| 3238 Perimeter Dr | Condominium | 1,059 | B |
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| 3231 Perimeter Dr | Condominium | 1,396 | B |
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| 3209 Perimeter Dr | Condominium | 1,396 | B |
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| 3210 Perimeter Dr | Condominium | 1,133 | B |
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| 3240 Perimeter Dr | Condominium | 1,059 | B |
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| 3233 Perimeter Dr | Condominium | 1,396 | B |
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| 3207 Perimeter Dr | Condominium | 1,231 | B |
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| 3208 Perimeter Dr | Condominium | 1,059 | B |
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| 3136 Grandiflora Dr | Condominium | 1,417 | B |
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| 3137 Grandiflora Dr | Condominium | 1,036 | B |
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| 3242 Perimeter Dr | Condominium | 1,133 | B |
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| 3235 Perimeter Dr | Condominium | 1,396 | B |
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| 3131 Grandiflora Dr | Condominium | 1,777 | B |
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| 3132 Grandiflora Dr | Condominium | 1,776 | B |
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| 3133 Grandiflora Dr | Condominium | 1,210 | B |
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| 3134 Grandiflora Dr | Condominium | 1,417 | B |
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| 3135 Grandiflora Dr | Condominium | 1,036 | B |
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| 3130 Grandiflora Dr | Condominium | 1,210 | B |
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| 3205 Perimeter Dr | Condominium | 1,231 | B |
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| 3206 Perimeter Dr | Condominium | 1,059 | B |
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| 3237 Perimeter Dr | Condominium | 1,231 | B |
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| 3246 Perimeter Dr | Condominium | 1,275 | B |
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| 3244 Perimeter Dr | Condominium | 1,133 | B |
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| 3248 Perimeter Dr | Condominium | 1,275 | B |
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| 3239 Perimeter Dr | Condominium | 1,231 | B |
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| 3122 Grandiflora Dr | Condominium | 1,954 | 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 18 of all properties in this area. This suggests it would appeal to someone earning around $23,899 per year who should qualify for a mortgage between $47,798 and $59,748.
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 18 of all properties in this area. This corresponds to a rent of $764 per month and a monthly household income of $1,981 ($23,772 per year)
Nearby Companies
3201 Perimeter Dr
3095 Grandiflora Dr
3095 Grandiflora Dr
3111 Grandiflora Dr
3106 Grandiflora Dr
3131 Grandiflora Dr