5949 Ithaca Cir W, 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 | |
|---|---|---|---|---|
| 5947 Ithaca Cir W | Single Family | 1,595 | B |
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| 5951 Ithaca Cir W | Single Family | 1,594 | B |
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| 5973 Judd Falls Rd W | Single Family | 1,594 | B |
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| 5943 Ithaca Cir W | Single Family | 1,595 | B |
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| 5948 Ithaca Cir W | Single Family | 1,594 | B |
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| 5950 Ithaca Cir W | Single Family | 1,594 | B |
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| 5946 Ithaca Cir W | Single Family | 1,594 | B |
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| 5952 Ithaca Cir W | Single Family | 1,594 | B |
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| 5941 Ithaca Cir W | Single Family | 1,595 | B |
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| 5961 Judd Falls Rd W | Single Family | 1,594 | B |
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| 5944 Ithaca Cir W | Single Family | 1,645 | B |
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| 5996 Judd Falls Rd W | Single Family | 1,594 | B |
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| 5954 Ithaca Cir W | Single Family | 1,594 | B |
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| 5984 Judd Falls Rd W | Single Family | 1,595 | B |
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| 5939 Ithaca Cir W | Single Family | 1,594 | B |
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| 5942 Ithaca Cir W | Single Family | 1,594 | B |
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| 5972 Judd Falls Rd W | Single Family | 1,307 | B |
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| 5949 Judd Falls Rd W | Single Family | 1,594 | B |
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| 5956 Ithaca Cir W | Single Family | 1,646 | B |
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| 6117 Westfall Rd | Single Family | 1,594 | B |
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| 6086 Wauconda Way E | Single Family | 1,594 | B |
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| 5960 Judd Falls Rd W | Single Family | 1,595 | B |
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| 6113 Westfall Rd | Single Family | 1,228 | B |
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| 5940 Ithaca Cir W | Single Family | 1,595 | B |
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| 5937 Ithaca Cir W | Single Family | 1,594 | B |
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| 6090 Wauconda Way E | Single Family | 1,247 | B |
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| 6000 Dewitt Pl | Single Family | 1,228 | B |
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| 5988 Dewitt Pl | Single Family | 1,595 | B |
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| 5958 Ithaca Cir W | Single Family | 1,595 | B |
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| 6109 Westfall Rd | Single Family | 1,594 | B |
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| 5964 Dewitt Pl | Single Family | 1,595 | B |
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| 5937 Judd Falls Rd W | Single Family | 1,594 | B |
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| 5948 Judd Falls Rd W | Single Family | 1,595 | B |
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| 6121 Westfall Rd | Single Family | 1,594 | B |
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| 6094 Wauconda Way E | Single Family | 1,702 | B |
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| 6082 Wauconda Way E | Single Family | 1,594 | B |
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| 5938 Ithaca Cir W | Single Family | 1,595 | B |
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| 5952 Dewitt Pl | Single Family | 1,228 | B |
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| 6105 Westfall Rd | Single Family | 1,594 | B |
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| 5935 Ithaca Cir W | Single Family | 1,594 | B |
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| 5960 Ithaca Cir W | Single Family | 1,595 | B |
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| 5936 Judd Falls Rd W | Single Family | 1,594 | B |
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| 6098 Wauconda Way E | Single Family | 1,594 | B |
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| 5437 Thurston Ave | Single Family | 1,595 | B |
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| 5940 Dewitt Pl | Single Family | 1,595 | B |
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| 5429 Thurston Ave | Single Family | 1,594 | B |
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| 5445 Thurston Ave | Single Family | 1,595 | 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 31 of all properties in this area. This suggests it would appeal to someone earning around $36,911 per year who should qualify for a mortgage between $73,822 and $92,278.
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 31 of all properties in this area. This corresponds to a rent of $886 per month and a monthly household income of $2,296 ($27,552 per year)
Nearby Companies
5949 Judd Falls Rd
5924 Ithaca Circle West
5924 Ithaca Circle West
5952 Dewitt Pl
6000 Dewitt Pl
5938 Ithaca Circle West
5946 Ithaca Circle W
6078 Wauconda Way E
6086 Wauconda Way
6145 West Fall Rd