6574 Jacques 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%.
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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 | |
|---|---|---|---|---|
| 6566 Jacques Way | Single Family | 3,308 | B |
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| 6582 Jacques Way | Single Family | 2,114 | B |
|
| 6558 Jacques Way | Single Family | 2,399 | B |
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| 6590 Jacques Way | Single Family | 2,399 | B |
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| 6550 Jacques Way | Single Family | 2,114 | B |
|
| 6598 Jacques Way | Single Family | 2,675 | B |
|
| 6575 Jacques Way | Single Family | 2,850 | B |
|
| 6583 Jacques Way | Single Family | 3,308 | B |
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| 6567 Jacques Way | Single Family | 2,114 | B |
|
| 5050 Massy Dr | Single Family | 2,399 | B |
|
| 6606 Jacques Way | Single Family | 2,114 | B |
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| 6591 Jacques Way | Single Family | 2,399 | B |
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| 6599 Jacques Way | Single Family | 3,308 | B |
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| 5058 Massy Dr | Single Family | 3,308 | B |
|
| 6614 Jacques Way | Single Family | 2,220 | B |
|
| 6607 Jacques Way | Single Family | 2,114 | B |
|
| 6799 Lantern Key Dr | Single Family | 2,113 | B |
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| 6795 Lantern Key Dr | Single Family | 3,019 | B |
|
| 6803 Lantern Key Dr | Single Family | 1,955 | B |
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| 6791 Lantern Key Dr | Single Family | 1,955 | B |
|
| 5066 Massy Dr | Single Family | 3,308 | B |
|
| 5025 Massy Dr | Single Family | 2,399 | B |
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| 6807 Lantern Key Dr | Single Family | 2,113 | B |
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| 5017 Massy Dr | Single Family | 2,399 | B |
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| 5033 Massy Dr | Single Family | 2,399 | B |
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| 6622 Jacques Way | Single Family | 3,308 | B |
|
| 6787 Lantern Key Dr | Single Family | 2,567 | B |
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| 6615 Jacques Way | Single Family | 2,399 | B |
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| 6811 Lantern Key Dr | Single Family | 1,955 | B |
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| 5074 Massy Dr | Single Family | 3,308 | B |
|
| 5049 Massy Dr | Single Family | 2,399 | B |
|
| 6815 Lantern Key Dr | Single Family | 2,005 | B |
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| 6630 Jacques Way | Single Family | 3,308 | B |
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| 6623 Jacques Way | Single Family | 2,340 | B |
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| 4927 Lombard Pass Dr | Single Family | 2,005 | B |
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| 5057 Massy Dr | Single Family | 2,399 | B |
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| 6819 Lantern Key Dr | Single Family | 1,955 | B |
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| 5082 Massy Dr | Single Family | 2,399 | B |
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| 5065 Massy Dr | Single Family | 3,308 | B |
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| 6631 Jacques Way | Single Family | 2,850 | B |
|
| 4923 Lombard Pass Dr | Single Family | 3,019 | B |
|
| 6638 Jacques Way | Single Family | 3,308 | B |
|
| 6823 Lantern Key Dr | Single Family | 2,909 | B |
|
| 6798 Lantern Key Dr | Single Family | 1,955 | B |
|
| 6794 Lantern Key Dr | Single Family | 2,005 | B |
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| 5073 Massy Dr | Single Family | 2,220 | B |
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| 4912 Lombard Pass Dr | Single Family | 1,955 | B |
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| 6802 Lantern Key Dr | Single Family | 2,014 | 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 63 of all properties in this area. This suggests it would appeal to someone earning around $75,874 per year who should qualify for a mortgage between $151,748 and $189,685.
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 63 of all properties in this area. This corresponds to a rent of $1,144 per month and a monthly household income of $3,048 ($36,576 per year)
Nearby Companies
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