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 
7663 Oak Grove Cir Single Family 2,727 B
7671 Oak Grove Cir Single Family 2,727 B
7902 Oak Grove Cir Single Family 2,099 B
7898 Oak Grove Cir Single Family 1,977 B
7894 Oak Grove Cir Single Family 2,727 B
7662 Oak Grove Cir Single Family 2,297 B
7666 Oak Grove Cir Single Family 3,137 B
7670 Oak Grove Cir Single Family 2,727 B
7890 Oak Grove Cir Single Family 2,727 B
7651 Oak Grove Cir Single Family 2,512 B
7674 Oak Grove Cir Single Family 2,297 B
7678 Oak Grove Cir Single Family 2,297 B
6895 Smith Farm Blvd Right-of-way, street, road, irrigation channel, ditch, etc. 0 L
7886 Oak Grove Cir Single Family 2,727 B
7650 Oak Grove Cir Single Family 3,137 B
7682 Oak Grove Cir Single Family 3,137 B
7510 Oak Grove Cir Single Family 2,512 B
7691 Oak Grove Cir Single Family 2,495 B
7643 Oak Grove Cir Single Family 2,297 B
7646 Oak Grove Cir Single Family 2,297 B
7686 Oak Grove Cir Single Family 2,297 B
7514 Oak Grove Cir Single Family 2,297 B
7882 Oak Grove Cir Single Family 2,727 B
7871 Oak Grove Cir Single Family 3,230 B
7690 Oak Grove Cir Single Family 2,608 B
7695 Oak Grove Cir Single Family 2,727 B
7878 Oak Grove Cir Single Family 2,727 B
7518 Oak Grove Cir Single Family 2,815 B
7638 Oak Grove Cir Single Family 2,727 B
7694 Oak Grove Cir Single Family 1,899 B
7699 Oak Grove Cir Single Family 2,727 B
7867 Oak Grove Cir Single Family 1,723 B
7874 Oak Grove Cir Single Family 2,677 B
7631 Oak Grove Cir Single Family 3,137 B
7634 Oak Grove Cir Single Family 1,946 B
7698 Oak Grove Cir Single Family 2,727 B
7522 Oak Grove Cir Single Family 3,137 B
7870 Oak Grove Cir Single Family 1,705 B
7531 Oak Grove Cir Single Family 2,297 B
7863 Oak Grove Cir Single Family 2,512 B
6142 Cotton Rose Ln Single Family 3,291 B
7630 Oak Grove Cir Single Family 2,297 B
7627 Oak Grove Cir Single Family 2,727 B
6185 Silver Oak Dr Single Family 2,569 B
7702 Oak Grove Cir Single Family 2,727 B
7866 Oak Grove Cir Single Family 2,512 B
7707 Oak Grove Cir Single Family 2,727 B
7526 Oak Grove Cir Single Family 2,815 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 83 of all properties in this area. This suggests it would appeal to someone earning around $123,424 per year who should qualify for a mortgage between $246,848 and $308,560.

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 83 of all properties in this area. This corresponds to a rent of $1,455 per month and a monthly household income of $3,955 ($47,460 per year)

Nearby Companies

Jentiques, LLC
7882 Oak Grove Cir
Capital Market Partners, Inc.
7670 Oak Grove Cir
Friend Or Foe Media, Inc.
7671 Oak Grove Cir
Lasting Impression Shop LLC
7631 Oak Grove Cir
Disclaimers and Disclosures

Public Records Data

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