6014 Walnut Hill Dr, 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 | |
|---|---|---|---|---|
| 6020 Walnut Hill Dr | Single Family | 3,317 | B |
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| 6008 Walnut Hill Dr | Single Family | 4,617 | B |
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| 9279 Pineville Dr | Single Family | 3,317 | B |
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| 6026 Walnut Hill Dr | Single Family | 3,590 | B |
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| 9273 Pineville Dr | Single Family | 4,617 | B |
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| 6021 Walnut Hill Dr | Single Family | 3,317 | B |
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| 6015 Walnut Hill Dr | Single Family | 3,590 | B |
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| 6009 Walnut Hill Dr | Single Family | 3,447 | B |
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| 6027 Walnut Hill Dr | Single Family | 3,590 | B |
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| 6033 Walnut Hill Dr | Single Family | 3,317 | B |
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| 9286 Pineville Dr | Single Family | 3,317 | B |
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| 9280 Pineville Dr | Single Family | 4,194 | B |
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| 9292 Pineville Dr | Single Family | 4,842 | B |
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| 6039 Walnut Hill Dr | Single Family | 4,194 | B |
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| 9200 Oak Alley Dr | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 9274 Pineville Dr | Single Family | 3,317 | B |
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| 6037 Country Estates Dr | Single Family | 4,795 | B |
|
| 6045 Walnut Hill Dr | Single Family | 3,536 | B |
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| 6054 Walnut Hill Dr | Single Family | 3,317 | B |
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| 9539 Positano Way | Single Family | 2,432 | B |
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| 6005 Country Estates Dr | Outdoor recreational or high-water recharge subject | 0 | L | |
| 6004 Country Estates Dr | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 6043 Country Estates Dr | Single Family | 3,088 | B |
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| 6051 Walnut Hill Dr | Single Family | 4,194 | B |
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| 9545 Positano Way | Single Family | 2,305 | B |
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Local Household Income
The median household income in this part of Florida is $78,588. The bottom 10% of the population earn less than $23,201 per year. The top 10% earn more than $210,922 per year. The top 1% earn more than $612,589 per year. Most renters earn between $28,404 (20th percentile) and $65,052 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $157,176 and $196,470.
The tax assessed value of this property places it in percentile 84 of all properties in this area. This suggests it would appeal to someone earning around $162,957 per year who should qualify for a mortgage between $325,914 and $407,393.
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 $1,145. Most renters earn between $2,367 and $5,421 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $694 (20th percentile) to $1,677 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 84 of all properties in this area. This corresponds to a rent of $1,804 per month and a monthly household income of $5,645 ($67,740 per year)
Nearby Companies
6045 Walnut Hill Dr
6026 Walnut Hill Dr
6014 Walnut Hill Dr
6014 Walnut Hill Dr
6014 Walnut Hill Dr
9273 Pineville Dr