5993 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 | |
|---|---|---|---|---|
| 5991 Ithaca Cir W | Single Family | 1,595 | B |
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| 5995 Ithaca Cir W | Single Family | 1,631 | B |
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| 5881 Dewitt Pl | Single Family | 1,595 | B |
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| 5869 Dewitt Pl | Single Family | 1,595 | B |
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| 5893 Dewitt Pl | Single Family | 1,595 | B |
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| 5989 Ithaca Cir W | Single Family | 1,646 | B |
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| 5994 Ithaca Cir W | Single Family | 1,595 | B |
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| 5996 Ithaca Cir W | Single Family | 1,595 | B |
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| 5905 Dewitt Pl | Single Family | 1,228 | B |
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| 5992 Ithaca Cir W | Single Family | 1,595 | B |
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| 5987 Ithaca Cir W | Single Family | 1,595 | B |
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| 5990 Ithaca Cir W | Single Family | 1,595 | B |
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| 5917 Dewitt Pl | Single Family | 1,595 | B |
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| 5635 Ithaca Cir E | Single Family | 1,598 | B |
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| 5862 Triphammer Rd | Single Family | 1,228 | B |
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| 5880 Dewitt Pl | Single Family | 1,595 | B |
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| 5988 Ithaca Cir W | Single Family | 1,595 | B |
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| 5860 Triphammer Rd | Single Family | 1,595 | B |
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| 5864 Triphammer Rd | Single Family | 1,287 | B |
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| 5855 Dewitt Pl | Single Family | 1,598 | B |
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| 5892 Dewitt Pl | Single Family | 1,595 | B |
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| 5868 Dewitt Pl | Single Family | 1,595 | B |
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| 5985 Ithaca Cir W | Single Family | 1,595 | B |
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| 5866 Triphammer Rd | Single Family | 1,595 | B |
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| 5904 Dewitt Pl | Single Family | 1,287 | B |
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| 5634 Ithaca Cir E | Single Family | 1,598 | B |
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| 5929 Dewitt Pl | Single Family | 1,595 | B |
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| 5986 Ithaca Cir W | Single Family | 1,595 | B |
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| 5868 Triphammer Rd | Single Family | 1,228 | B |
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| 5639 Ithaca Cir E | Single Family | 1,598 | B |
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| 5916 Dewitt Pl | Single Family | 1,595 | B |
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| 5843 Dewitt Pl | Single Family | 1,592 | B |
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| 5983 Ithaca Cir W | Single Family | 1,595 | B |
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| 5888 Judd Falls Rd W | Single Family | 1,595 | B |
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| 5638 Ithaca Cir E | Single Family | 1,598 | B |
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| 5856 Dewitt Pl | Single Family | 1,645 | B |
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| 5876 Judd Falls Rd W | Single Family | 1,637 | B |
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| 5941 Dewitt Pl | Single Family | 1,595 | B |
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| 6046 Triphammer Rd | Single Family | 1,598 | B |
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| 5900 Judd Falls Rd W | Single Family | 1,595 | B |
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| 5870 Triphammer Rd | Single Family | 1,595 | B |
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| 5984 Ithaca Cir W | Single Family | 1,595 | B |
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| 5928 Dewitt Pl | Single Family | 1,595 | B |
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| 5924 Judd Falls Rd W | Single Family | 1,594 | B |
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| 5831 Dewitt Pl | Single Family | 1,862 | B |
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| 5643 Ithaca Cir E | Single Family | 1,598 | B |
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| 5981 Ithaca Cir W | Single Family | 1,595 | B |
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| 5872 Triphammer Rd | Single Family | 2,088 | 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 23 of all properties in this area. This suggests it would appeal to someone earning around $29,107 per year who should qualify for a mortgage between $58,214 and $72,768.
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 23 of all properties in this area. This corresponds to a rent of $814 per month and a monthly household income of $2,125 ($25,500 per year)
Nearby Companies
5411 Huddle Hill Rd
5949 Judd Falls Rd
5905 Dewitt Pl
5952 Dewitt Pl
5929 Dewitt Pl
5989 Ithaca Circle W
6040 Triphammer Rd
5970 Ithaca Circle West
5872 Triphammer Rd
5193 Edgecliff Ave