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 
6630 Spring Garden Run Single Family 1,563 B
6614 Spring Garden Run Single Family 2,323 B
6606 Spring Garden Run Single Family 1,783 B
6638 Spring Garden Run Single Family 2,323 B
6654 Spring Garden Run Single Family 2,323 B
6598 Spring Garden Run Single Family 2,327 B
6631 Spring Garden Run Single Family 2,230 B
6623 Spring Garden Run Single Family 1,783 B
6639 Spring Garden Run Single Family 1,783 B
6615 Spring Garden Run Single Family 1,563 B
6662 Spring Garden Run Single Family 2,230 B
6590 Spring Garden Run Single Family 1,783 B
6647 Spring Garden Run Single Family 1,783 B
6607 Spring Garden Run Single Family 1,783 B
6670 Spring Garden Run Single Family 1,783 B
6655 Spring Garden Run Single Family 1,783 B
6599 Spring Garden Run Single Family 1,783 B
6582 Spring Garden Run Single Family 1,783 B
6663 Spring Garden Run Single Family 2,323 B
6591 Spring Garden Run Single Family 2,323 B
6678 Spring Garden Run Single Family 1,783 B
6624 Rivermill Club Dr Single Family 3,451 B
6616 Rivermill Club Dr Single Family 2,890 B
6632 Rivermill Club Dr Single Family 2,890 B
6608 Rivermill Club Dr Single Family 2,890 B
6671 Spring Garden Run Single Family 1,783 B
6583 Spring Garden Run Single Family 2,323 B
6629 Country Winds Cv Single Family 1,563 B
6637 Country Winds Cv Single Family 2,323 B
6621 Country Winds Cv Single Family 2,323 B
6640 Rivermill Club Dr Single Family 2,890 B
6600 Rivermill Club Dr Single Family 2,850 B
6645 Country Winds Cv Single Family 2,230 B
6613 Country Winds Cv Single Family 1,783 B
5270 Canoe Bend Dr Single Family 2,323 B
5262 Canoe Bend Dr Single Family 1,783 B
6686 Spring Garden Run Single Family 2,323 B
6653 Country Winds Cv Single Family 1,563 B
5254 Canoe Bend Dr Single Family 1,563 B
6648 Rivermill Club Dr Single Family 3,451 B
6597 Country Winds Cv Single Family 1,563 B
6592 Rivermill Club Dr Single Family 2,890 B
6679 Spring Garden Run Single Family 1,566 B
6575 Spring Garden Run Single Family 2,230 B
6661 Country Winds Cv Single Family 2,323 B
5246 Canoe Bend Dr Single Family 2,230 B
6589 Country Winds Cv Single Family 2,323 B
6656 Rivermill Club Dr Single Family 2,392 B
6694 Spring Garden Run Single Family 1,783 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 55 of all properties in this area. This suggests it would appeal to someone earning around $64,592 per year who should qualify for a mortgage between $129,184 and $161,480.

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 55 of all properties in this area. This corresponds to a rent of $1,076 per month and a monthly household income of $2,826 ($33,912 per year)

Nearby Companies

Family S&F Multiservices LLC
5254 Canoe Bend Dr
Dream Big Family Group Home, Inc
6680 Rivermill Club Dr
Policastro, Inc.
6694 Spring Garden Run
Penelope, Inc.
6694 Spring Garden Run
Famar, LLC
6711 Spring Garden Run
Computerologies LLC
6679 Spring Garden Run
The Equity Queens LLC
6657 Rivermill Club Dr
James Robinette, Inc.
6653 Country Winds Cv
Family Matters Entertainment LLC
6633 Rivermill Club Dr
A Blossoming Woman LLC
6633 Rivermill Club Dr
Simon'S Drain Services & More LLC
6633 Rivermill Club Dr
6622 Spring Garden Run, LLC
6622 Spring Garden Run
Shelda Hodges, Pa
6624 Rivermill Club Dr
New Horizons Advisors, Inc.
6617 Rivermill Club Dr
Mershe LLC
6588 Country Winds Cv
Stivo Trucking & Transportation LLC
6588 Country Winds Cv
Dr.Derby-Davis Consulting Inc.
6593 Rivermill Club Dr
Chill Pencil LLC
6583 Spring Garden Run
Lavenberry Co., LLC
6577 Rivermill Club Dr
Disclaimers and Disclosures

Public Records Data

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