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 
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

Dv Maintenance LLC
3898 Pinehurst Dr
A To Z Landscaping LLC
3860 Pinehurst Dr
Disclaimers and Disclosures

Public Records Data

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