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 
6717 Green Island Cir Single Family 2,041 B
6729 Green Island Cir Single Family 1,666 B
6711 Green Island Cir Single Family 1,847 B
6735 Green Island Cir Single Family 1,541 B
6705 Green Island Cir Single Family 1,666 B
6741 Green Island Cir Single Family 1,853 B
6722 Green Island Cir Single Family 1,847 B
6716 Green Island Cir Single Family 1,853 B
6699 Green Island Cir Single Family 1,757 B
6728 Green Island Cir Single Family 1,666 B
6747 Green Island Cir Single Family 1,847 B
6710 Green Island Cir Single Family 1,666 B
6704 Green Island Cir Single Family 2,041 B
6693 Green Island Cir Single Family 1,847 B
6753 Green Island Cir Single Family 2,041 B
6698 Green Island Cir Single Family 1,761 B
5679 Eagle Trace Ct Single Family 1,666 B
6692 Green Island Cir Single Family 1,847 B
6687 Green Island Cir Single Family 2,041 B
5742 La Gorce Cir Single Family 2,748 B
6752 Green Island Cir Single Family 1,847 B
6759 Green Island Cir Single Family 2,168 B
5746 La Gorce Cir Single Family 3,143 B
5738 La Gorce Cir Single Family 2,716 B
6686 Green Island Cir Single Family 1,666 B
6758 Green Island Cir Single Family 2,041 B
5673 Eagle Trace Ct Single Family 1,541 B
5650 La Quinta Ct Single Family 1,761 B
5656 La Quinta Ct Single Family 1,666 B
5750 La Gorce Cir Single Family 2,714 B
6681 Green Island Cir Single Family 1,666 B
6765 Green Island Cir Single Family 1,847 B
5734 La Gorce Cir Single Family 2,720 B
6764 Green Island Cir Single Family 2,041 B
5678 Eagle Trace Ct Single Family 1,853 B
5667 Eagle Trace Ct Single Family 1,858 B
5662 La Quinta Ct Single Family 2,041 B
6680 Green Island Cir Single Family 1,541 B
6771 Green Island Cir Single Family 1,853 B
5644 La Quinta Ct Single Family 2,041 B
6675 Green Island Cir Single Family 1,541 B
5754 La Gorce Cir Single Family 2,363 B
5672 Eagle Trace Ct Single Family 1,847 B
5730 La Gorce Cir Single Family 2,321 B
5661 Eagle Trace Ct Single Family 1,757 B
6674 Green Island Cir Single Family 1,541 B
5668 La Quinta Ct Single Family 2,168 B
6669 Green Island Cir Single Family 1,757 B
6777 Green Island Cir Single Family 1,666 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 58 of all properties in this area. This suggests it would appeal to someone earning around $68,636 per year who should qualify for a mortgage between $137,272 and $171,590.

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 58 of all properties in this area. This corresponds to a rent of $1,098 per month and a monthly household income of $2,898 ($34,776 per year)

Nearby Companies

Deco-Drive'S Inc
6537 La Gorce Ln
Llm Financial Group LLC
6663 Green Island Cir
Stevee D Electric Inc
6674 Green Island Cir
Mjg Designs LLC
5673 Eagle Trace Ct
Sullivan I.T. Consulting LLC
5642 Eagle Trace Ct
Rs Kirby Consulting LLC
5642 Eagle Trace Ct
Damaca Investments LLC
5655 La Quinta Ct
Basa Investments, LLC
5655 La Quinta Ct
Airth Inc.
5655 La Quinta Ct
Leader Mortgage Inc.
5655 La Quinta Ct
Leader Title Inc.
5655 La Quinta Ct
Airthsign Inc.
5655 La Quinta Ct
Olga Nushtayeva, Pllc
5656 La Quinta Ct
Disclaimers and Disclosures

Public Records Data

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