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 
5843 La Gorce Cir Single Family 2,748 B
5819 La Gorce Cir Single Family 3,136 B
5847 La Gorce Cir Single Family 2,793 B
5826 La Gorce Cir Single Family 3,731 B
5815 La Gorce Cir Single Family 2,714 B
5822 La Gorce Cir Single Family 3,136 B
5838 La Gorce Cir Single Family 2,714 B
5842 La Gorce Cir Single Family 3,097 B
5830 La Gorce Cir Single Family 2,818 B
6507 La Gorce Ln Single Family 3,097 B
5818 La Gorce Cir Single Family 2,763 B
5834 La Gorce Cir Single Family 2,728 B
5846 La Gorce Cir Single Family 3,097 B
6501 La Gorce Ln Single Family 2,761 B
5851 La Gorce Cir Single Family 3,025 B
5811 La Gorce Cir Single Family 2,846 B
5814 La Gorce Cir Single Family 2,343 B
6513 La Gorce Ln Single Family 2,719 B
5850 La Gorce Cir Single Family 2,852 B
5855 La Gorce Cir Single Family 2,714 B
5810 La Gorce Cir Single Family 2,333 B
5807 La Gorce Cir Single Family 3,379 B
6495 La Gorce Ln Single Family 3,025 B
6519 La Gorce Ln Single Family 3,025 B
5854 La Gorce Cir Single Family 3,143 B
5806 La Gorce Cir Single Family 2,733 B
5980 Winston Trails Blvd Right-of-way, street, road, irrigation channel, ditch, etc. 0 L
5859 La Gorce Cir Single Family 3,025 B
5803 La Gorce Cir Single Family 2,967 B
6525 La Gorce Ln Single Family 2,255 B
5858 La Gorce Cir Single Family 2,395 B
5802 La Gorce Cir Single Family 3,630 B
5863 La Gorce Cir Single Family 3,143 B
6506 La Gorce Ln Single Family 2,733 B
6512 La Gorce Ln Single Family 3,025 B
5799 La Gorce Cir Single Family 2,714 B
6500 La Gorce Ln Single Family 2,718 B
6531 La Gorce Ln Single Family 2,715 B
6494 La Gorce Ln Single Family 2,719 B
5864 La Gorce Cir Single Family 2,743 B
6482 La Gorce Ln Single Family 2,733 B
5798 La Gorce Cir Single Family 3,547 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 89 of all properties in this area. This suggests it would appeal to someone earning around $145,642 per year who should qualify for a mortgage between $291,284 and $364,105.

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 89 of all properties in this area. This corresponds to a rent of $1,671 per month and a monthly household income of $4,417 ($53,004 per year)

Nearby Companies

Deco-Drive'S Inc
6537 La Gorce Ln
Need A Ride Limo, Inc
6519 La Gorce Ln
Mark Mangold Consulting, Inc.
5847 La Gorce Cir
Patrick Mccaffrey Re LLC
5838 La Gorce Cir
American Flyer Services, Inc.
5859 La Gorce Cir
Zam Management, LLC
5851 Lagorce Cir
Siska Properties, LLC
5798 La Gorce Cir
Disclaimers and Disclosures

Public Records Data

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