433 Bennington Ln, 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 | |
---|---|---|---|---|
436 Bennington Ln | Condominium | 1,088 | B | |
435 Bennington Ln | Condominium | 1,088 | B | |
434 Bennington Ln | Condominium | 941 | B | |
428 Bennington Ln | Condominium | 642 | B | |
431 Bennington Ln | Condominium | 941 | B | |
430 Bennington Ln | Condominium | 941 | B | |
429 Bennington Ln | Condominium | 941 | B | |
432 Bennington Ln | Condominium | 941 | B | |
427 Bennington Ln | Condominium | 642 | B | |
426 Bennington Ln | Condominium | 941 | B | |
425 Bennington Ln | Condominium | 941 | B | |
424 Bennington Ln | Condominium | 1,088 | B | |
423 Bennington Ln | Condominium | 1,088 | B | |
422 Bennington Ln | Condominium | 941 | B | |
421 Bennington Ln | Condominium | 941 | B | |
418 Bennington Ln | Condominium | 941 | B | |
419 Bennington Ln | Condominium | 941 | B | |
420 Bennington Ln | Condominium | 941 | B | |
417 Bennington Ln | Condominium | 941 | B | |
416 Bennington Ln | Condominium | 642 | B | |
413 Bennington Ln | Condominium | 941 | B | |
412 Bennington Ln | Condominium | 1,088 | B | |
411 Bennington Ln | Condominium | 1,088 | B | |
410 Bennington Ln | Condominium | 941 | B | |
414 Bennington Ln | Condominium | 941 | B | |
409 Bennington Ln | Condominium | 941 | B | |
405 Bennington Ln | Condominium | 941 | B | |
407 Bennington Ln | Condominium | 941 | B | |
406 Bennington Ln | Condominium | 941 | B | |
415 Bennington Ln | Condominium | 642 | B | |
402 Bennington Ln | Condominium | 941 | B | |
403 Bennington Ln | Condominium | 642 | B | |
404 Bennington Ln | Condominium | 642 | B | |
408 Bennington Ln | Condominium | 941 | B | |
401 Bennington Ln | Condominium | 941 | B | |
400 Bennington Ln | Condominium | 1,088 | B | |
399 Bennington Ln | Condominium | 1,088 | B | |
398 Bennington Ln | Condominium | 941 | B | |
397 Bennington Ln | Condominium | 941 | B | |
396 Bennington Ln | Condominium | 941 | B | |
395 Bennington Ln | Condominium | 941 | B | |
390 Bennington Ln | Condominium | 941 | B | |
393 Bennington Ln | Condominium | 941 | B | |
394 Bennington Ln | Condominium | 941 | B | |
391 Bennington Ln | Condominium | 642 | B | |
392 Bennington Ln | Condominium | 642 | B | |
389 Bennington Ln | Condominium | 941 | B | |
378 Bennington Ln | Condominium | 941 | 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 11 of all properties in this area. This suggests it would appeal to someone earning around $17,128 per year who should qualify for a mortgage between $34,256 and $42,820.
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 11 of all properties in this area. This corresponds to a rent of $697 per month and a monthly household income of $1,721 ($20,652 per year)
Nearby Companies
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