7985 Chambers Ct, Lake Worth
Palm Beach County Real Estate - Boynton Beach
Boynton Beach is in South East Florida. It's population as recorded in the 2010 Census was 68,217.
The median age for residents of Boynton Beach is 41.9. Around 25% of Boynton Beach households include school aged children and 35.4% of households include individuals aged 65 years or over. Census records indicate 62.4% of the Boynton Beach population are White, 30.2% are Black or African American, .2% American Indian, 2.1% Asian and 2.1% are Two or more Races.
There are 36,289 housing units in Boynton Beach. 7,185 (19.7%) of these were reported as vacant in the 2010 Census. Boynton Beach is a tourist destination, 46.3% (3,330) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,388 residential rental units in Boynton Beach. 9,788 of them were occupied in 2010 providing a residential rental vacancy rate of 13.7%.
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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 | |
---|---|---|---|---|
7993 Chambers Ct | Single Family | 2,463 | B | |
7969 Heavener Ct | Single Family | 3,461 | B | |
7986 Chambers Ct | Single Family | 3,879 | B | |
8001 Chambers Ct | Single Family | 2,917 | B | |
7961 Heavener Ct | Single Family | 3,801 | B | |
7726 Belmont Dr | Single Family | 2,967 | B | |
8009 Chambers Ct | Single Family | 3,009 | B | |
7994 Chambers Ct | Single Family | 2,941 | B | |
7705 Brunson Cir | Single Family | 1,955 | B | |
7699 Brunson Cir | Single Family | 3,320 | B | |
7953 Heavener Ct | Single Family | 3,461 | B | |
7734 Belmont Dr | Single Family | 2,920 | B | |
7741 Belmont Dr | Single Family | 3,831 | B | |
7962 Heavener Ct | Single Family | 4,243 | B | |
7671 Forestay Dr | Single Family | 3,877 | B | |
7728 Brunson Cir | Single Family | 1,955 | B | |
7722 Brunson Cir | Single Family | 2,681 | B | |
7696 Oakboro Dr | Single Family | 2,091 | B | |
7693 Brunson Cir | Single Family | 2,654 | B | |
7734 Brunson Cir | Single Family | 2,654 | B | |
7716 Brunson Cir | Single Family | 3,339 | B | |
7742 Belmont Dr | Single Family | 3,001 | B | |
7679 Forestay Dr | Single Family | 3,683 | B | |
7710 Brunson Cir | Single Family | 2,813 | B | |
7690 Oakboro Dr | Single Family | 3,011 | B | |
7687 Forestay Dr | Single Family | 3,487 | B | |
7621 Ladson Ter | Single Family | 3,370 | B | |
7704 Brunson Cir | Single Family | 2,654 | B | |
7687 Brunson Cir | Single Family | 2,654 | B | |
7684 Oakboro Dr | Single Family | 2,596 | B | |
7750 Belmont Dr | Single Family | 3,827 | B | |
7695 Forestay Dr | Single Family | 3,683 | B | |
7686 Brunson Cir | Single Family | 2,596 | B | |
7671 Trenton Dr | Single Family | 2,654 | B | |
7677 Trenton Dr | Single Family | 2,838 | B | |
7683 Trenton Dr | Single Family | 2,596 | B | |
7631 Ladson Ter | Single Family | 3,252 | 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 87 of all properties in this area. This suggests it would appeal to someone earning around $138,998 per year who should qualify for a mortgage between $277,996 and $347,495.
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 87 of all properties in this area. This corresponds to a rent of $1,614 per month and a monthly household income of $4,258 ($51,096 per year)
Nearby Companies
7969 Heavener Ct
8001 Chambers Ct