5692 Wingham Way, 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:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 5686 Wingham Way | Single Family | 1,048 | B |
 |
| 5698 Wingham Way | Single Family | 1,338 | B |
|
| 5680 Wingham Way | Single Family | 1,338 | B |
|
| 5706 Wingham Way | Single Family | 1,048 | B |
|
| 5691 Stonington Way | Single Family | 988 | B |
|
| 5697 Stonington Way | Single Family | 1,161 | B |
|
| 5685 Stonington Way | Single Family | 1,129 | B |
|
| 5691 Wingham Way | Single Family | 1,048 | B |
|
| 5714 Wingham Way | Single Family | 1,048 | B |
|
| 5685 Wingham Way | Single Family | 1,048 | B |
|
| 5705 Stonington Way | Single Family | 1,048 | B |
|
| 5679 Wingham Way | Single Family | 1,048 | B |
|
| 5697 Wingham Way | Single Family | 1,338 | B |
|
| 5705 Wingham Way | Single Family | 1,048 | B |
|
| 5713 Stonington Way | Single Family | 954 | B |
|
| 5722 Wingham Way | Single Family | 1,048 | B |
|
| 5713 Wingham Way | Single Family | 1,048 | B |
|
| 5721 Stonington Way | Single Family | 1,048 | B |
|
| 5721 Wingham Way | Single Family | 1,338 | B |
|
| 5209 Berwyn St | Single Family | 1,338 | B |
|
| 5189 Burnham Pl | Single Family | 1,338 | B |
|
| 5179 Burnham Pl | Single Family | 1,048 | B |
|
| 5221 Berwyn St | Single Family | 988 | B |
|
| 5686 Barnstead Cir | Single Family | 988 | B |
|
| 5692 Barnstead Cir | Single Family | 1,048 | B |
|
| 5692 Stonington Way | Single Family | 1,048 | B |
|
| 5686 Stonington Way | Single Family | 1,048 | B |
|
| 5680 Barnstead Cir | Single Family | 1,048 | B |
|
| 5698 Stonington Way | Single Family | 988 | B |
|
| 5698 Barnstead Cir | Single Family | 1,338 | B |
|
| 5169 Burnham Pl | Single Family | 1,048 | B |
|
| 5706 Barnstead Cir | Single Family | 1,048 | B |
|
| 5706 Stonington Way | Single Family | 988 | B |
|
| 5229 Berwyn St | Single Family | 988 | B |
|
| 5668 Barnstead Cir | Single Family | 1,048 | B |
|
| 5714 Barnstead Cir | Single Family | 1,068 | B |
|
| 5714 Stonington Way | Single Family | 1,132 | B |
|
| 5159 Burnham Pl | Single Family | 1,338 | B |
|
| 5660 Barnstead Cir | Single Family | 1,048 | B |
|
| 5241 Berwyn St | Single Family | 988 | B |
|
| 5654 Barnstead Cir | Single Family | 1,048 | B |
|
| 5722 Barnstead Cir | Single Family | 1,338 | B |
|
| 5722 Stonington Way | Single Family | 1,048 | B |
|
| 5249 Berwyn St | Single Family | 1,338 | B |
|
| 5139 Burnham Pl | Single Family | 1,338 | B |
|
| 5691 Bennington Way | Single Family | 1,048 | B |
|
| 5685 Bennington Way | Single Family | 1,048 | B |
|
| 5697 Bennington Way | Single Family | 988 | B |
|
| 5705 Bennington Way | Single Family | 1,048 | 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 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
5679 Wingham Way
5698 Wingham Way
5001 Lancer Dr
5713 Bennington Way
5801 Kimberton Way
5668 Waltham Way
5660 Waltham Way
5705 Barnstead Cir
5705 Barnstead Cir