7835 Ambleside Way, 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%.
Lake Worth links:
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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 | |
|---|---|---|---|---|
| 7839 Ambleside Way | Single Family | 3,366 | B |
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| 7843 Ambleside Way | Single Family | 3,050 | B |
|
| 7937 Ambleside Way | Single Family | 3,242 | B |
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| 7971 Ambleside Way | Single Family | 2,471 | B |
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| 7960 Ambleside Way | Single Family | 2,471 | B |
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| 7956 Ambleside Way | Single Family | 2,471 | B |
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| 7933 Ambleside Way | Single Family | 3,242 | B |
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| 7847 Ambleside Way | Single Family | 3,050 | B |
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| 7952 Ambleside Way | Single Family | 3,366 | B |
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| 7929 Ambleside Way | Single Family | 3,050 | B |
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| 7975 Ambleside Way | Single Family | 3,050 | B |
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| 7844 Ambleside Way | Single Family | 2,471 | B |
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| 7851 Ambleside Way | Single Family | 3,366 | B |
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| 7974 Ambleside Way | Single Family | 3,366 | B |
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| 7948 Ambleside Way | Single Family | 3,050 | B |
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| 7925 Ambleside Way | Single Family | 2,471 | B |
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| 7848 Ambleside Way | Single Family | 3,366 | B |
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| 7979 Ambleside Way | Single Family | 2,471 | B |
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| 7855 Ambleside Way | Single Family | 2,594 | B |
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| 7852 Ambleside Way | Single Family | 3,050 | B |
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| 7978 Ambleside Way | Single Family | 3,366 | B |
|
| 7921 Ambleside Way | Single Family | 3,050 | B |
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| 7936 Ambleside Way | Single Family | 2,238 | B |
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| 7932 Ambleside Way | Single Family | 2,471 | B |
|
| 7944 Ambleside Way | Single Family | 3,366 | B |
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| 7940 Ambleside Way | Single Family | 3,366 | B |
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| 7928 Ambleside Way | Single Family | 3,050 | B |
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| 7859 Ambleside Way | Single Family | 3,050 | B |
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| 7856 Ambleside Way | Single Family | 3,050 | B |
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| 7983 Ambleside Way | Single Family | 2,682 | B |
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| 7924 Ambleside Way | Single Family | 2,471 | B |
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| 7917 Ambleside Way | Single Family | 2,471 | B |
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| 7982 Ambleside Way | Single Family | 3,050 | B |
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| 7920 Ambleside Way | Single Family | 2,333 | B |
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| 7860 Ambleside Way | Single Family | 3,050 | B |
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| 7863 Ambleside Way | Single Family | 2,238 | B |
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| 7909 Ambleside Way | Single Family | 2,238 | B |
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| 7987 Ambleside Way | Single Family | 3,050 | B |
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| 7986 Ambleside Way | Single Family | 3,050 | B |
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| 6437 Stonehurst Cir | Single Family | 3,909 | B |
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| 6443 Stonehurst Cir | Single Family | 2,783 | B |
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| 7991 Ambleside Way | Single Family | 3,242 | B |
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| 6431 Stonehurst Cir | Single Family | 3,850 | B |
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| 7916 Ambleside Way | Single Family | 2,486 | B |
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| 7864 Ambleside Way | Single Family | 3,050 | B |
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| 6449 Stonehurst Cir | Single Family | 3,909 | B |
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| 6425 Stonehurst Cir | Single Family | 3,918 | B |
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| 7867 Ambleside Way | Single Family | 3,050 | B |
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| 7912 Ambleside Way | Single Family | 3,050 | B |
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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 81 of all properties in this area. This suggests it would appeal to someone earning around $116,266 per year who should qualify for a mortgage between $232,532 and $290,665.
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 81 of all properties in this area. This corresponds to a rent of $1,397 per month and a monthly household income of $3,787 ($45,444 per year)
Nearby Companies
6455 Stonehurst Cir
6449 Stonehurst Cir
7851 Ambleside Way
7991 Ambleside Way
7960 Ambleside Way
7978 Ambleside Way