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 
6377 Willoughby Cir Single Family 2,373 B
6369 Willoughby Cir Single Family 2,373 B
6381 Willoughby Cir Single Family 2,471 B
6365 Willoughby Cir Single Family 3,107 B
6361 Willoughby Cir Single Family 2,471 B
6385 Willoughby Cir Single Family 1,948 B
6372 Willoughby Cir Single Family 2,673 B
6376 Willoughby Cir Single Family 2,567 B
6368 Willoughby Cir Single Family 1,948 B
6380 Willoughby Cir Single Family 1,677 B
6357 Willoughby Cir Single Family 1,942 B
6360 Willoughby Cir Single Family 1,417 B
6389 Willoughby Cir Single Family 2,471 B
6384 Willoughby Cir Single Family 1,948 B
6356 Willoughby Cir Single Family 2,471 B
6388 Willoughby Cir Single Family 1,856 B
6353 Willoughby Cir Single Family 1,677 B
6393 Willoughby Cir Single Family 2,591 B
6392 Willoughby Cir Single Family 1,677 B
6352 Willoughby Cir Single Family 2,573 B
6349 Willoughby Cir Single Family 2,373 B
6397 Willoughby Cir Single Family 1,682 B
6396 Willoughby Cir Single Family 1,948 B
6348 Willoughby Cir Single Family 1,948 B
6345 Willoughby Cir Single Family 1,948 B
6401 Willoughby Cir Single Family 1,417 B
6229 Willoughby Cir Single Family 1,856 B
6225 Willoughby Cir Single Family 1,950 B
6233 Willoughby Cir Single Family 2,651 B
6400 Willoughby Cir Single Family 2,471 B
6237 Willoughby Cir Single Family 2,471 B
6344 Willoughby Cir Single Family 1,677 B
6221 Willoughby Cir Single Family 3,107 B
6241 Willoughby Cir Single Family 1,677 B
6405 Willoughby Cir Single Family 2,471 B
6404 Willoughby Cir Single Family 2,651 B
6341 Willoughby Cir Single Family 1,856 B
6245 Willoughby Cir Single Family 2,471 B
6220 Sand Hills Cir Single Family 2,714 B
6217 Willoughby Cir Single Family 2,471 B
6214 Sand Hills Cir Single Family 2,158 B
6336 Willoughby Cir Single Family 2,373 B
6226 Sand Hills Cir Single Family 2,719 B
6409 Willoughby Cir Single Family 1,856 B
6249 Willoughby Cir Single Family 1,948 B
6408 Willoughby Cir Single Family 3,107 B
6208 Sand Hills Cir Single Family 2,255 B
6337 Willoughby Cir Single Family 3,107 B
6232 Sand Hills Cir Single Family 2,255 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

Piero Photo, Inc
6221 Willoughby Cir
Elite Satellite, Inc.
6393 Willoughby Cir
W.M.Steinberg, LLC
6332 Willoughby Cir
Neil'S Exterminating, Inc.
6333 Willoughby Cir
Kogaisha Lean Consulting Inc
6226 Sand Hills Cir
Ansham LLC
6352 Willoughby Cir
Dave Home Solutions, LLC
6353 Willoughby Cir
Leggenda Barbershop Co. LLC
6372 Willoughby Cir
Crownstar Barber, Inc
6372 Willoughby Cir
Crown Star Dental Inc
6372 Willoughby Cir
Disclaimers and Disclosures

Public Records Data

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