3588 Cypress Wood Ct, 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 | |
|---|---|---|---|---|
| 3604 Cypress Wood Ct | Single Family | 2,586 | B |
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| 3572 Cypress Wood Ct | Single Family | 2,743 | B |
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| 3620 Cypress Wood Ct | Single Family | 2,564 | B |
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| 3589 Cypress Wood Ct | Single Family | 2,577 | B |
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| 3605 Cypress Wood Ct | Single Family | 2,564 | B |
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| 3573 Cypress Wood Ct | Single Family | 2,135 | B |
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| 3636 Cypress Wood Ct | Single Family | 2,615 | B |
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| 3621 Cypress Wood Ct | Single Family | 2,595 | B |
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| 3557 Cypress Wood Ct | Single Family | 2,578 | B |
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| 3540 Cypress Wood Ct | Single Family | 2,655 | B |
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| 3541 Cypress Wood Ct | Single Family | 2,514 | B |
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| 3637 Cypress Wood Ct | Single Family | 2,577 | B |
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| 3652 Cypress Wood Ct | Single Family | 2,586 | B |
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| 3674 Woods Walk Blvd | Single Family | 2,592 | B |
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| 3653 Cypress Wood Ct | Single Family | 2,523 | B |
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| 3668 Cypress Wood Ct | Single Family | 2,339 | B |
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| 3691 Woods Walk Blvd | Single Family | 2,688 | B |
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| 3687 Woods Walk Blvd | Single Family | 2,619 | B |
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| 9886 Pine Dust Ct | Single Family | 2,524 | B |
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| 3706 Woods Walk Blvd | Single Family | 1,893 | B |
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| 3695 Woods Walk Blvd | Single Family | 2,586 | B |
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| 3557 Little Pine Ln | Single Family | 2,540 | B |
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| 3670 Woods Walk Blvd | Single Family | 2,195 | B |
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| 3683 Woods Walk Blvd | Single Family | 1,900 | B |
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| 3551 Little Pine Ln | Single Family | 3,077 | B |
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| 3699 Woods Walk Blvd | Single Family | 2,520 | B |
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| 9895 Pine Dust Ct | Single Family | 2,281 | B |
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| 9894 Pine Dust Ct | Single Family | 2,599 | B |
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| 9721 Pine Trail Ct | Single Family | 2,766 | B |
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| 3679 Woods Walk Blvd | Single Family | 2,596 | B |
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| 9730 Pine Trail Ct | Single Family | 2,213 | B |
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| 3545 Little Pine Ln | Single Family | 2,540 | B |
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| 3669 Cypress Wood Ct | Single Family | 2,104 | B |
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| 3703 Woods Walk Blvd | Single Family | 2,492 | B |
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| 3684 Cypress Wood Ct | Single Family | 2,564 | B |
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| 3666 Woods Walk Blvd | Single Family | 2,526 | B |
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| 3675 Woods Walk Blvd | Single Family | 2,517 | B |
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| 3539 Little Pine Ln | Single Family | 2,004 | B |
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| 3685 Cypress Wood Ct | Single Family | 2,600 | B |
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| 9903 Pine Dust Ct | Single Family | 2,426 | B |
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Local Household Income
The median household income in this part of Florida is $78,588. The bottom 10% of the population earn less than $23,201 per year. The top 10% earn more than $210,922 per year. The top 1% earn more than $612,589 per year. Most renters earn between $28,404 (20th percentile) and $65,052 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $157,176 and $196,470.
The tax assessed value of this property places it in percentile 54 of all properties in this area. This suggests it would appeal to someone earning around $84,758 per year who should qualify for a mortgage between $169,516 and $211,895.
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 $1,145. Most renters earn between $2,367 and $5,421 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $694 (20th percentile) to $1,677 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 54 of all properties in this area. This corresponds to a rent of $1,197 per month and a monthly household income of $4,032 ($48,384 per year)
Nearby Companies
3668 Cypress Wood Ct
3620 Cypress Wood Ct
3572 Cypress Wood Ct
3551 Little Pine Ln
3706 Woods Walk Blvd
3540 Cypress Wood Ct
3695 Woods Walk Blvd