4974 Freedom Cir, 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 | |
|---|---|---|---|---|
| 4976 Freedom Cir | Condominium | 1,400 | B |
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| 4978 Freedom Cir | Condominium | 1,400 | B |
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| 4970 Freedom Cir | Condominium | 1,400 | B |
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| 4972 Freedom Cir | Condominium | 1,400 | B |
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| 4966 Freedom Cir | Condominium | 1,400 | B |
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| 4964 Freedom Cir | Condominium | 1,400 | B |
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| 4968 Freedom Cir | Condominium | 1,400 | B |
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| 4953 Freedom Cir | Condominium | 576 | B |
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| 4955 Freedom Cir | Condominium | 576 | B |
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| 4951 Freedom Cir | Condominium | 576 | B |
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| 4949 Freedom Cir | Condominium | 576 | B |
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| 4947 Freedom Cir | Condominium | 576 | B |
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| 4945 Freedom Cir | Condominium | 576 | B |
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| 4306 Waterway Dr | Single Family | 2,818 | B |
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| 4937 Freedom Cir | Condominium | 574 | B |
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| 4935 Freedom Cir | Condominium | 574 | B |
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| 4933 Freedom Cir | Condominium | 574 | B |
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| 4931 Freedom Cir | Condominium | 574 | B |
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| 4949 Dell Ave | Single Family | 2,391 | B |
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| 4927 Freedom Cir | Condominium | 574 | B |
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| 4929 Freedom Cir | Condominium | 574 | 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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| 4915 Freedom Cir | Condominium | 574 | B |
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| 4917 Freedom Cir | Condominium | 574 | B |
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| 4919 Freedom Cir | Condominium | 574 | B |
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| 4915 Dell Ave | Single Family | 1,793 | B |
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| 1215 Filer Rd | Vacant Residential | 0 | L | |
| 4913 Freedom Cir | Condominium | 574 | B |
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| 4911 Freedom Cir | Condominium | 574 | B |
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| 4270 Waterway Dr | Single Family | 1,414 | B |
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| 4909 Freedom Cir | Condominium | 574 | B |
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| 4960 S Military Trl | Vacant Commercial | 0 | L | |
| 4263 Waterway Dr | Single Family | 1,819 | B |
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| 4901 Freedom Cir | Condominium | 574 | B |
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| 4893 Dell Ave | Multi-family - less than 10 units | 2,586 | B |
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| 4256 Waterway Dr | Single Family | 1,314 | B |
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| 4875 Freedom Cir | Condominium | 576 | B |
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| 4877 Freedom Cir | Condominium | 576 | B |
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| 4879 Freedom Cir | Condominium | 576 | B |
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| 4883 Freedom Cir | Condominium | 576 | B |
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| 4881 Freedom Cir | Condominium | 576 | B |
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| 4885 Freedom Cir | Condominium | 576 | B |
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| 4891 Freedom Cir | Condominium | 574 | B |
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| 4926 Dell Ave | Single Family | 1,165 | B |
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| 4893 Freedom Cir | Condominium | 574 | B |
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| 4895 Freedom Cir | Condominium | 574 | B |
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| 4897 Freedom Cir | Condominium | 574 | B |
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| 4899 Freedom Cir | Condominium | 574 | 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 13 of all properties in this area. This suggests it would appeal to someone earning around $19,143 per year who should qualify for a mortgage between $38,286 and $47,858.
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 13 of all properties in this area. This corresponds to a rent of $712 per month and a monthly household income of $1,798 ($21,576 per year)
Nearby Companies
4263 Waterway Dr
4974 Freedom Cir
4978 Freedom Cir
4978 Freedom Cir
4306 Waterway Dr
4926 Dell Ave
4915 Dell Ave
4919 Freedom Cir
4914 Dell Ave