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 
5581 Egret Isle Trl Single Family 2,552 B
5609 Egret Isle Trl Single Family 1,949 B
5567 Egret Isle Trl Single Family 1,937 B
5623 Egret Isle Trl Single Family 1,880 B
5594 Egret Isle Trl Single Family 2,367 B
5566 Egret Isle Trl Single Family 2,337 B
5553 Egret Isle Trl Single Family 2,292 B
5637 Egret Isle Trl Single Family 2,231 B
5636 Egret Isle Trl Single Family 2,010 B
5504 White Sands Cv Single Family 2,480 B
5496 White Sands Cv Single Family 2,350 B
5538 Egret Isle Trl Single Family 2,430 B
5651 Egret Isle Trl Single Family 2,277 B
5539 Egret Isle Trl Single Family 2,112 B
5650 Egret Isle Trl Single Family 1,976 B
5512 White Sands Cv Single Family 2,995 B
5488 White Sands Cv Single Family 2,676 B
8687 Grassy Isle Trl Single Family 2,230 B
8695 Grassy Isle Trl Single Family 2,023 B
8703 Grassy Isle Trl Single Family 2,959 B
5665 Egret Isle Trl Single Family 1,961 B
5534 Egret Isle Trl Single Family 2,194 B
8679 Grassy Isle Trl Single Family 2,526 B
5664 Egret Isle Trl Single Family 1,982 B
5535 Egret Isle Trl Single Family 2,403 B
5489 White Sands Cv Single Family 2,214 B
5480 White Sands Cv Single Family 2,490 B
8671 Grassy Isle Trl Single Family 2,846 B
8644 Egret Isle Ter Single Family 2,191 B
8638 Egret Isle Ter Single Family 2,596 B
8818 Egret Isle Pt Single Family 2,366 B
8658 Egret Isle Ter Single Family 1,922 B
8760 Egret Isle Ter Single Family 2,035 B
8719 Grassy Isle Trl Single Family 2,254 B
8663 Grassy Isle Trl Single Family 2,498 B
8832 Egret Isle Pt Single Family 2,291 B
5481 White Sands Cv Single Family 2,842 B
8670 Egret Isle Ter Single Family 2,002 B
5472 White Sands Cv Single Family 2,309 B
8846 Egret Isle Pt Single Family 2,436 B
8754 Egret Isle Ter Single Family 2,039 B

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 55 of all properties in this area. This suggests it would appeal to someone earning around $86,123 per year who should qualify for a mortgage between $172,246 and $215,308.

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 55 of all properties in this area. This corresponds to a rent of $1,206 per month and a monthly household income of $4,065 ($48,780 per year)

Nearby Companies

Mikes Merch, LLC
8656 Grassy Isle Trl
Catfish Electric, Inc.
5623 Egret Isles Trl
Jana Bieger Inc.
5539 Egret Isle Trl
Claude Donawa Corp
5539 Egret Isle Trl
Disclaimers and Disclosures

Public Records Data

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