7422 Water Dance 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 | |
|---|---|---|---|---|
| 7416 Water Dance Way | Single Family | 4,022 | B |
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| 7428 Water Dance Way | Single Family | 3,990 | B |
|
| 6317 Squirewood Way | Single Family | 3,855 | B |
|
| 7427 Water Dance Way | Single Family | 3,919 | B |
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| 6323 Squirewood Way | Single Family | 3,935 | B |
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| 7421 Water Dance Way | Single Family | 2,782 | B |
|
| 7404 Water Dance Way | Single Family | 4,127 | B |
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| 7415 Water Dance Way | Single Family | 3,897 | B |
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| 6316 Squirewood Way | Single Family | 3,927 | B |
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| 6322 Squirewood Way | Single Family | 4,158 | B |
|
| 6329 Squirewood Way | Single Family | 3,990 | B |
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| 6578 Stonehurst Cir | Single Family | 3,936 | B |
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| 6581 Stonehurst Cir | Single Family | 3,574 | B |
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| 6328 Squirewood Way | Single Family | 4,149 | B |
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| 7398 Water Dance Way | Single Family | 2,785 | B |
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| 6335 Squirewood Way | Single Family | 2,745 | B |
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| 7397 Water Dance Way | Single Family | 4,004 | B |
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| 6574 Stonehurst Cir | Single Family | 2,503 | B |
|
| 6575 Stonehurst Cir | Single Family | 3,343 | B |
|
| 6322 Stonehurst Cir | Single Family | 1,863 | B |
|
| 6334 Squirewood Way | Single Family | 4,158 | B |
|
| 7392 Water Dance Way | Single Family | 2,812 | B |
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| 6305 Stonehurst Cir | Single Family | 2,367 | B |
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| 7391 Water Dance Way | Single Family | 3,935 | B |
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| 6328 Stonehurst Cir | Single Family | 2,727 | B |
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| 6569 Stonehurst Cir | Single Family | 3,210 | B |
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| 6411 Marbletree Ln | Single Family | 2,777 | B |
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| 6417 Marbletree Ln | Single Family | 4,004 | B |
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| 6340 Squirewood Way | Single Family | 4,127 | B |
|
| 6311 Stonehurst Cir | Single Family | 2,750 | B |
|
| 7264 Windy Preserve | Single Family | 2,534 | B |
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| 7386 Water Dance Way | Single Family | 4,004 | B |
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| 6423 Marbletree Ln | Single Family | 3,881 | B |
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| 6334 Stonehurst Cir | Single Family | 2,297 | B |
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| 7385 Water Dance Way | Single Family | 4,028 | B |
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| 6566 Stonehurst Cir | Single Family | 3,410 | B |
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| 7648 Great Oak Dr | Single Family | 2,448 | B |
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| 7656 Great Oak Dr | Single Family | 3,232 | B |
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| 7640 Great Oak Dr | Single Family | 3,291 | B |
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| 7664 Great Oak Dr | Single Family | 3,291 | B |
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| 6563 Stonehurst Cir | Single Family | 2,799 | B |
|
| 7270 Windy Preserve | Single Family | 2,537 | B |
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| 6346 Squirewood Way | Single Family | 2,236 | B |
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| 6429 Marbletree Ln | Single Family | 4,158 | B |
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| 7672 Great Oak Dr | Single Family | 3,088 | B |
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| 6317 Stonehurst Cir | Single Family | 2,502 | 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 93 of all properties in this area. This suggests it would appeal to someone earning around $176,552 per year who should qualify for a mortgage between $353,104 and $441,380.
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 93 of all properties in this area. This corresponds to a rent of $1,875 per month and a monthly household income of $4,934 ($59,208 per year)
Nearby Companies
6323 Squirewood Way
6334 Squirewood Way
6335 Squirewood Way
6358 Squirewood Way
6394 Squirewood Way
6316 Squirewood Way
6317 Squirewood Way
7368 Waterdance Way
7391 Water Dance Way
6305 Stonehurst Cir